News & Guides

How to Buy a Cannabis Business in California: A Step-by-Step Guide

From choosing a license type to closing escrow — what buying a licensed cannabis business in California actually looks like, from a broker who does it every week.

California Cannabis License Types Explained: Storefront, Delivery, Cultivation, Distribution & Manufacturing

What each California cannabis license actually lets you do, how the businesses differ as investments, and what buyers should know before choosing one.

How Much Does It Cost to Buy a Dispensary in California?

Dispensary asking prices range from the low six figures to eight figures. Here's what drives the spread, and what your all-in budget should include.

Seller Financing for Cannabis Businesses: How It Works

Banks rarely finance cannabis acquisitions — so sellers do. How seller carry deals are structured, what terms look like, and how both sides stay protected.

How to Sell Your Cannabis Business: From Valuation to Close

What selling a licensed cannabis business involves: getting the valuation right, preparing your books, finding real buyers, and surviving the transfer process.

Cannabis Management Agreements: Passive Income for License Holders

A management agreement lets an experienced operator run your licensed cannabis business for a share of revenue — what these deals look like and when they make sense.

Social Equity Program Links and References

There are many Social Equity programs in place throughout California. Common links for quick reference: state DCC equity resources, LA DCR, Long Beach, and the NACB.

What is METRC?

METRC is the system used by the cannabis industry as a secure database to track and trace cannabis from growth, harvest, and processing to testing, transport, and sale, as mandated by governing entities.

How to Determine the Value of a Cannabis Business

There are many factors that go into determining the value of a cannabis business. The most widely used method is "Value = 1 Year Total Gross Revenue" — but there is more to consider.