Acquiring a company can be a strategic move for businesses seeking growth, diversification or market expansion.
The process involves a series of steps, from identifying potential targets to negotiating terms and completing the transaction.
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But in a highly regulated industry such as cannabis, acquiring a company can be tricky.
While the cannabis space has gained broad acceptance in recent years, marijuana is not legal in every state.
What to look for
Even in states where marijuana is legal, regulations aren’t all the same.
“If you fail to do your due diligence, you can have regulatory noise that can shift under you and tank your asset,” said Raj Glover, founder and CEO of High Tide, a Calgary, Alberta-based cannabis retailer that acquired high-end brand
Read full article on Marijuana Business Daily
