Due Diligence Service

Buying or investing in a cannabis licensee can be challenging for lawyers, accountants and other financial and legal professionals because of the newness of the industry and the lack of standards in compliance reporting.  Some questions you may need to answer include:

a.  What is the status of the license/operation?   Is it fully operational?  Are there any open issues with state or local government?   What is it going to cost to fix?

b.  What is the exact inventory - is it being grown, harvested, or sitting on shelves like a dispensary?   Cultivation facilities, processors and dispensaries all have different requirements for compliance including plant counts, safe storage of inventory and cash, and a host of other balance sheet items.

c.  Are Hemp and CBD involved?   There are entirely different laws for each, and the regulatory compliance is different as well.

These are just a few of the many questions we will find answers for your due diligence research.   Call us at 213-533-0053 to discuss your due diligence needs and how we can help you collect the necessary information.