Finances Episodes

In some circles private equity has gotten a really bad reputation, but the reality of the value of private equity to the economy is much more positive. If you're thinking about talking with a private equity partner in the future or just curious about how private equity in the cannabis industry works, this episode is for you. So, in this week's episode Chip dispels the myths about private equity with facts and give you the top three things every founder should know about private equity. Plus, ...

No matter what business you're in, pricing is always a key consideration. But when it comes to the cannabis industry, pricing can be especially tricky. There are countless factors to consider, from regulatory compliance to supply and demand. In this week's episode Chip outlines some of the most important considerations when setting prices for cannabis products and services. You'll learn how to price your product or service so that you can win in the competitive cannabis market! We all know th...

Cannabis business owners are always looking for ways to save money in all aspects of their businesses, and none more so than with taxes. But with IRC 280E it can get very difficult to minimizing what you pay to Uncle Sam and also put that money back in your pocket. So in this week's episode, Chip sits with Justin Klein of Klein Capital Investments to talk about unique, legal tactics to save on cash taxes for your cannabis business. Justin is an experienced Certified Financial Planner (CFP) who ...

You probably already know that a customer or employee dependency can undermine the value of your cannabis business, but have you ever stopped to think how one of your suppliers could also lead to a valuation drop if you ever want to sell your business? In our study of over 55,000 business and thousands of actual transactions, we know that acquirers want to invest in businesses that inoculate themselves against danger. And, being dependent on a supplier can be a risk. So in this week's episode,...