Cannabist CEO David Hart on ‘Sweating the Assets’ February 20, 2024 Tom Hymes Company Stories, Multiple State Operators, News & Insights, Spotlight 1 Comment Cannabis Business Executive has covered New York-based Columbia Care (NEO: CBST) (OTCQX: CBSTF) (FSE: 3LP) many times over the years, including lengthy profiles in late 2021 with co-founder Nicholas Vita, and in September of last year with then Chief Commercial… Read More→
Verano COO Darren Weiss Talks About How the Company is Navigating a Tight Capital Market May 11, 2023 Brian MacIver Company Stories, Multiple State Operators, Uncategorized 0 Comments In its Q1 2023 earnings report announced on May 10, multi-state operator Verano Holdings presented an image of a company that has been navigating difficult market conditions with intention. As it tightened its belt on selling, general, and administrative (SG&A)… Read More→
Marketing a Major MSO: David Spreckman of Verano October 4, 2022 Tom Hymes Marketing, Multiple State Brands, Multiple State Operators, News & Insights, Spotlight 0 Comments Heading up marketing for a major cannabis MSO has got to be either a dream job or a walking nightmare, or maybe it’s a little bit of both. In cannabis, of course, most decisions depend upon a multiplicity of factors… Read More→
Justice Cannabis Co. CEO Darin Carpenter is on a Mission to Do Good in a Big Way May 24, 2022 Tom Hymes Company Stories, Multiple State Operators, Spotlight 0 Comments It took several attempts to connect with Darin Carpenter, the CEO of Chicago, Illinois-based Justice Cannabis Co., but that is only because of his hectic and peripatetic schedule. Jumping around the country at a dizzying pace, the former Army medic… Read More→
Entity structure considerations for MSOs April 4, 2022 Dave McManus Accounting, Multiple State Operators, Taxes 0 Comments Multi-state operators may need to weave a complex web when it comes to corporate structure. Operators entering new jurisdictions must consider many factors, the most significant being tax exposure, licensing restrictions, and potential exit scenarios as they determine which entity… Read More→
Cannabis Multi-State Operators: Top 5 Mistakes May 27, 2021 AggregatedNews News & Insights 0 Comments By Vince Sliwoski, Attorney at Harris Bricken We work with a good number of multi-state operator (MSO) cannabis companies. Always have. Most of these companies are publicly traded, although others remain closely held. With more MSOs on the scene than… Read More→
Cannabis in the New Year: Old Challenges Meet New Opportunities January 25, 2021 Jacques Santucci Best Practices, Cannabis & Hemp Research, Opinions, Policy & Legal 0 Comments Despite a global pandemic that uprooted businesses around the world, the U.S. cannabis market showed no signs of slowing down in 2020, as we had predicted a year ago. Through lockdowns and mask mandates, the industry innovated how consumers purchase… Read More→
Cannabis M&A – A Template for Success, Part 1 November 16, 2020 Erik Ott Banking, Finance & Real Estate, Spotlight 0 Comments Opportunities abound for today’s cannabis producers, but any business seeking to sell a cannabis operation is likely to face a steep learning curve and numerous unforeseen obstacles. In a three-part series, Erik Ott of investment bank KO Acquisitions will lay… Read More→
Scaling Your MSO to Succeed: When it comes to scaling your business, capital is only one piece of the puzzle October 26, 2020 Joe Caltabiano Banking, Finance & Real Estate, Retail, Spotlight 0 Comments Back in January, none of us could’ve predicted how 2020 would play out for the industry. Now that we’re in the fourth quarter, it’s worth looking at where things stand and how MSOs can effectively scale in the current environment.… Read More→
Prohibition is Expensive: Sit or Get Off “The Pot” February 3, 2020 Matt Karnes Banking, Finance & Real Estate, News & Insights 0 Comments Many cannabis businesses are struggling, though not all the blame resides in faulty management decisions. In this edition of “The GreenWave Buzz,” we highlight the added costs of federal prohibition and discuss other risk factors that may cause near term… Read More→