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Feb. 1, 2022

Here's What's So Important About a $1 Million Cannabis Business

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Think for a moment about what does the word valuable mean for you and your cannabis business? Maybe it’s a business you can pass along to your kids or other family members? Maybe it’s one that you can use as a platform to acquire other cannabis businesses in different markets or geographies, or as a means to vertically integrate.

Often when we talk about a valuable cannabis business we’re talking about one that’s a million dollar business. In this week's episode, Chip talks about what’s so special about owning a million dollar cannabis business and why it's so important if you're thinking about exiting your business someday.

And, we'll talk about a key consideration for you in creating that truly valuable business.  Plus, Chip answers listener questions and we've got our "News of The Day" segment.

What to listen to next:
Episode 07 - How to Build and Sell Your Cannabusiness Like A Boss
Episode 12 - Nine Tips To Create a Valuable, Resilient and Scalable Cannabis Business

Want to learn more about the great tips in this week's episode? Send an e-mail to chip@thegreenleafcpa.com and let's discuss!

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Disclaimer: This podcast and related materials are designed only to provide general information regarding the subject matter discussed during the podcast episodes. The statutes, authorities, and other laws cited in this podcast are subject to change. This podcast and related materials are not intended to provide tax, accounting, legal, or other professional advice to any specific person or entity. Any advice or opinion regarding the application of the subject matter for a specific person or entity should be provided by a competent professional advisor based on an application of the appropriate law and authorities to the facts and circumstances applicable to that person or entity.