Valuing Cannabis 2.0:  Buckle Up, This Is About to Get Interesting!
Explore recent trends in valuing businesses and intellectual property in the cannabis industry. Appraisers often apply market-based metrics to historical data when performing traditional valuations. In the cannabis industry, history is not often indicative of the future and reliance on time sensitive and jurisdictionally specific historical data may lead to inaccurate valuations. The value of state legal, regulated businesses in established markets like Colorado, Oregon and Washington is different than the value of businesses in newly legal states like Michigan. When multi-state operators pay premiums to get into states, does it represent fair market value or strategic value? Address these topics along with valuing brands, the impact and treatment of IRC 280E in an appraisal context, and where to find industry data and resources.
Ron Seigneur, MBA, ABV, CVA – Partner/Valuation Specialist, Seigneur Gustafson LLP, Denver, CO

The Role of Entity Structure
Determining the business structure for a cannabis company has long-reaching implications, particularly when it comes to scaling for growth and reducing tax exposure. From sole proprietorships and partnerships to LLCs and corporations, leave this session with a deeper understanding of the impacts of structure on long-term success.
Marc E. Seyburn, JD – Seyburn Law PLLC, Bloomfield Hills

The Role of Entity Structure
Determining the business structure for a cannabis company has long-reaching implications, particularly when it comes to scaling for growth and reducing tax exposure. From sole proprietorships and partnerships to LLCs and corporations, leave this session with a deeper understanding of the impacts of structure on long-term success.
Marc E. Seyburn, JD – Seyburn Law PLLC, Bloomfield Hills

Breaking the Bank: The Legality of Banking for Cannabusiness
Due to marijuana’s federal status, Federal Deposit Insurance Corporation (FDIC)- insured financial institutions are still unable to service cannabis companies. Examine the relationship between cannabusinesses and banking, including bank cards, lending and cash flow issues that arise when there are no banking option.
Barb Babington – Vice President, Lending, Community Choice Credit Union, West Bloomfield
Brenda A. Brandom, MPA – SVP, First Merchants Bank Michigan,  Brooklyn
Lara Ward, CAMS – SVP, Chief Administrative Officer/Chief Security Officer, Citizens State Bank, Royal Oak
Moderator: Charlene Raikany, CPA – Booked and Balanced PLLC, Troy