Business Acquisition Analysis
Are you planning to purchase a cannabis business? Before deciding, give yourself peace of mind knowing that you are purchasing what the seller has promised. This analysis will cover a review of the business permits and licenses, compliance history, and purchase agreement. Our review is complementary to legal representation and we welcome the opportunity to work with your attorney or recommend one from our network.
Our Business Acquisition Analysis is designed
to answer the following questions:
- Does my new business have the advertised permits and licenses?
- Are the permits and licenses active?
- What steps need to be taken to bring the license current or clear any deficiencies?
- What fees need to be paid now or in the near future?
- Is this business in compliance with all relevant rules and regulations?
- What are my compliance responsibilities moving forward?
Our Process
Our Business Acquisition Analysis involves the following steps:
Complete Intake Questionnaire
Our team will start our analysis by first collaborating with you to complete a questionnaire that identifies your business and any pertinent information.
Research Business Information
Our team will then review your business documents and correspond with the relevant agencies to determine the status of your permits and licenses.
Develop Compliance Schedule
BGL analysts will then prepare a schedule that identifies approval and compliance requirements for your business.
Prepare Report
We will prepare a report that compiles our research, recommendations, and compliance schedule.
Discuss Recommendations
Our strategists will finally meet with you and discuss our recommendations.
How You Benefit
Our Business Acquisition Analysis is designed to help you gain an expert, independent evaluation of your cannabis business before purchase. If you are still interested in pursuing your ideas after completing this step, we can help you with the next steps:
• Complimentary Analysis Packages
• Market Analysis
• Investment & Profit Analysis
• Operations Analysis
Once you are comfortable moving forward, our team can help you implement a full solution to realize your goals. Our clients typically move on to the following steps:
• Due Diligence
• Review and Advice
• Project Assessment
• Business & Operations Planning
• Facility Design
• Business Deck
• Licensing
• Local Development Permit
• Local Operator Permit
• State Licenses
• Operations
• Compliance Management
• Operations Management