Mergers and acquisitions in the cannabis industry are on track to double this year. The entry of Big Pharma, Big Alcohol and Big Tobacco will fuel more deals. The M&A boom is giving company founders an opportunity to cash out at an attractive price. How do you position yourself to be attractive to investors and other companies? What timelines are reasonable? What can you do early on to ready your business? Get advice on these topics and more from an M&A expert.
You’ll get insights on:
- The importance of selling your company in its prime instead of on the decline.
- Why you need outside expertise, including an M&A adviser, attorney and CPA.
- How a company’s valuation is determined and how to maximize your enterprise value at exit.
- Why you need to focus on a deal’s terms and conditions, including transition, liability, indemnification, working capital and more.
- The significance of getting your books and records in order ASAP.