Consulting & Advisory

Business Valuation

An independent, defensible opinion of what your cannabis business is worth.

An independent, defensible opinion of what your cannabis business is worth — for a sale, a partner transaction, a dispute, financing, or estate planning.

What's Included

✓Three approaches — income, market, and asset, appropriately weighted

✓280E normalization — for effects on reported earnings

✓License valuation — based on scarcity and transferability

✓Comparable transactions — cannabis-specific data

✓Discounts — marketability and minority interest

✓Written report — for the stated purpose, with support if challenged

Why This Differs In Cannabis

280E suppresses reported net income, so any earnings multiple applied without normalization undervalues the business — sometimes severely. Meanwhile the license may be the single most valuable asset and appears nowhere on the balance sheet.

Getting both adjustments right is the difference between a number you can defend and a number that gets argued down.

The difference between a number you can defend and one that gets argued down.

Why MCA

We have served licensed cannabis operators since 2015 — one of the first firms in the country to build a practice around it — and we have worked with more than 100 operators across 30+ states. Cannabis is all we do, and all we have ever done.

Frequently Asked

How does this differ from the valuation under Industry Services?

Same discipline, listed under both hubs. One engagement.

What do you need?

Three years of financials and returns, license documentation, leases.

How long?

Typically three to five weeks.

📅 Book a Free Call 📞 1(844)-IRS-280E