Canna Emptor: Top 5 Due Diligence Items For Marijuana Business Buyers

Before buying a cannabis business, you should know exactly what assets and liabilities you will be taking on.

My firm handles lots of purchase transactions for marijuana businesses. These deals often involve two sides rushing to complete a transaction handled by a business broker who doesn’t know or care about the applicable marijuana laws.

The worst-case scenario is when a company asks me to review a purchase agreement drafted by the seller without having done any due diligence on the potential purchase.

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