EVERGREEN, Colo.--(BUSINESS WIRE)--1stWEST Mergers and Acquisitions today announced that two of its Managing Directors, Dr. Carl Craig and John D. Wagner, have published a definitive book to guide cannabis and hemp companies through every step of the mergers and acquisitions process.
The book, “M&A Basics For Cannabis & Hemp Companies: A Company Owner’s Guide to Key Deal Elements & Common Practices of Mergers & Acquisitions,” is available at this link, priced at $7.77 for a printed version, or $1.99 for Kindle. (1stWEST M&A offers the book at no cost to companies that seek its advice.)
“With the cannabis sector seeing such remarkable growth, and with so many new entrepreneurs jumping in, we thought it would help sellers and buyers to offer this guide to the M&A process,” said Ted Rieple, 1stWEST Mergers and Acquisitions’ Managing Partner. “We feel that company values are nowhere near their peaks, but sellers have to be prudent when positioning for the highest value. That’s what our company and this book are all about.”
The book covers every aspect of the mergers-and-acquisitions process for cannabis and hemp companies, focusing on topics such as company valuations, strategies for leadership continuity, how to claim adjustments to EBITDA, and even why deals can fall apart.
Since 1stWEST M&A is mainly a “sell side” representative (e.g. offering guidance to client companies seeking to be acquired), “M&A Basics for Cannabis and Hemp Companies” is written mainly for owners of cannabis and hemp companies, as well as for those providing infrastructure, IP, or products for cannabis and hemp markets, e.g. patents, packaging, software, marketing, and farm infrastructure.
Dr. Craig received his Ph.D. in chemistry from the University of California, Santa Barbara, with post-doctoral work at University of California, Berkeley. Dr. Craig was most recently Corporate VP and Chief Operating Officer for Microbial Solutions business at Charles River Laboratories (NYSE: CRL).
John D. Wagner serves with a special expertise in cannabis and hemp laboratories, software, and distribution networks; he is the author of 16 other books and is a widely cited M&A expert and widely published columnist.
About 1stWEST Mergers & Acquisitions
Serving mostly as a seller’s advisor, 1stWEST Mergers and Acquisitions, a full-service, international investment banking and advisory, has brokered the sale of more than $1 billion in deal values in a wide range of industries, from specialty chemical and distribution, to cannabis and hemp. With Managing Directors in the US, Europe, Mexico, Panama, Peru, Brazil, Argentina and Chile, 1stWEST M&A is positioned to serve clients around the globe. Info: www.1stWESTMA.com