Going public provides access to capital but requires navigating regulatory and public scrutiny.
Going public is a transformative experience that provides access to serious amounts of capital. To do it successfully, you may need to change the way your cannabis company does business. You’ll also endure public, investor, and regulatory scrutiny that creates a serious reporting and control burden.
Still hoping to take your cannabis business public? Then the stakes are much higher for you today to make your business appetizing down the road.
Have big dreams of going public? Then the stakes are much higher for you! And depending on the outcome, a qualified audit opinion could crater
When deciding to go public, your business will be under extreme scrutiny, especially the ownership structure. And critical cap table mistakes can kill a cannabis
MARCH 2022 Planet 13 Cannabis Stock Research Company Profile Name: Planet 13 Holdings Inc. Ticker: CNSX: PLTH, OTCPK: PLNH.F Sector: Healthcare Industry: Pharmaceuticals Country: USA
Operators need to know that something as basic as a cap table mistake can kill a cannabis company before it ever goes public. When going
Changes Affecting the Minnesota Cannabis Market Minnesota is loosening restrictions on the products medical cannabis companies can sell to patients. Analysts expect this change to
Section 1-Monthly Economic Recap for January A “hawkish” Fed is no longer your Market friend January has been a negative month for US risk assets.
Now you’ve decided to take your cannabis company public or have your sights set on that goal for the future. Be sure you understand the
Now you’ve decided to take your cannabis business public or have your sights set on that goal for the future. One of the first steps
Looking for Connecticut Market Updates? You’ve come to the right place! The eruption of the Connecticut cannabis market is on the horizon. Although medical use
A pre-initial public offering (IPO) placement is a private sale of large blocks of shares before a stock is listed on a public exchange. The buyers are typically private equity firms, hedge funds, and other institutions willing to buy large stakes in the firm. Due to the size of the investments being made and the risks involved, the buyers in a pre-IPO placement usually get a discount from the price stated in the prospective for the IPO.
In the cannabis industry, it is often difficult to raise money. The money will slowly diminish if the company only has private investors. There is a bigger pool of money when raising publicly because way more people become involved. Cannabis companies trade at a good multiples; for example, a company might have $10 million in revenues, but trade at a multiple that’s way higher, like $100 million. The value of a publicly traded company is divided by revenues. Once you complete a valuation, this gives more investors an opportunity to come in and see the financials. Public trading also allows shareholders to liquidate some of their stock. For instance, if you are an owner or investor of a privately traded company, your stock is not really liquid. There are lots of hoops to go through. If you’re publicly traded, you can easily trade the shares without jumping through these hoops. This also benefits employees if they have stock options. It allows them to liquidate their stock and get money from it.