Surging Investment Drives Need for Accurate Business Valuations
- In the legal cannabis industry, there are seven primary market sectors: Cultivation and Retail; Biotech/Pharma; Investment/M&A; Software and Media; Consumption Devices; Infused Products & Extracts; and Real Estate.
- Surging investment activity among each of those sectors heightens the premium for accurate business valuations.
- Between 2015 and 2017:
- Cultivation and Retail – UP 11.5x
- Biotech/Pharma – UP 1.35x
- Investment/M&A – UP 3.47x
- Software and Media – UP 5.36x
- Consumption Devices – UP 1.02x
- Infused Products & Extracts – DOWN -4.33x
- Real Estate – UP 5.57x
