The Cannabis Business Minds Show

Simone Cimiluca-Radzins, CPA

Running a cannabis business is hard. Finding straight-talking, strategic advice shouldn’t be. Cannabis Business Minds is where ambitious entrepreneurs, operators, and professionals upskill fast, with no fluff. Hosted by Simone Cimiluca-Radzins, CPA and cannabis finance strategist, each episode delivers practical insights on compliance, cash flow, and growth, straight from the front lines of the industry.

  1. Fundraising and Investing on Cannabis Businesses

    04/20/2023

    Fundraising and Investing on Cannabis Businesses

    Do you have a cannabis business that needs to raise funds? The process of fundraising can be difficult and time-consuming, so it's crucial for startup founders to have a strategic approach. In this episode, we delve deeper into business valuations and investing with Richard Bernard, Vice President of Houlihan Capital's Valuation and Financial Advisory Group. Here are some of the major topics we cover: How to begin the fundraising process for your company Tips for discussing fundraising with potential investors An explanation of the "SAFE agreement" and its key components Richard's insights on the current state and future of the cannabis industry, including perceived challenges Advice for anyone looking to enter the cannabis industry The most important lesson Richard learned when starting out About Our Guest Richard Bernard is a Vice President in Houlihan Capital’s Valuation and Financial Advisory Group. Mr. Bernard performs valuations for public and privately held businesses, business interests, gift and estate planning, financial accounting, and tax reporting purposes. His responsibilities include conducting due diligence, performing financial analyses, and drafting valuation reports. Prior to joining Houlihan Capital, Mr. Bernard was an Analyst in the Valuation Advisory group of Duff & Phelps, where he focused on business enterprise and intangible asset valuations for financial reporting and tax compliance purposes and portfolio valuations focusing on alternative investments. Website: https://www.houlihancapital.com/ LinkedIn: https://www.linkedin.com/in/richard-bernard-08502b38/ Ask a Cannabis Expert: https://cannabisbusinessminds.com/ask-a-cannabis-expert/ Connect with us! Website: cannabisbusinessminds.com Instagram: cannabisbusinessminds Youtube: @cannabisbusinessminds

    21 min
  2. Valuations on Cannabis Businesses

    04/17/2023

    Valuations on Cannabis Businesses

    Business owners must take into account numerous factors that heavily influence a company’s value. In this episode, Richard Bernard, the Vice President of Houlihan Capital’s Valuation and Financial Advisory Group, sheds light on the process of valuing businesses within the cannabis industry. Some key takeaways include: Bernard's background and involvement in the cannabis industry and his work with Houlihan Capital An overview of the evolution of valuations over the years and the current state of the industry Common valuation techniques applied to the cannabis industry The impact of taxation and the role of 280e on a company's valuation About Our Guest Richard Bernard is a Vice President in Houlihan Capital’s Valuation and Financial Advisory Group. Mr. Bernard performs valuations for public and privately held businesses, business interests, gift and estate planning, financial accounting, and tax reporting purposes. His responsibilities include conducting due diligence, performing financial analyses, and drafting valuation reports. Prior to joining Houlihan Capital, Mr. Bernard was an Analyst in the Valuation Advisory group of Duff & Phelps, where he focused on business enterprise and intangible asset valuations for financial reporting and tax compliance purposes and portfolio valuations focusing on alternative investments. Website: https://www.houlihancapital.com/ LinkedIn: https://www.linkedin.com/in/richard-bernard-08502b38/ Ask a Cannabis Expert: https://cannabisbusinessminds.com/ask-a-cannabis-expert/ Connect with us! Website: cannabisbusinessminds.com Instagram: cannabisbusinessminds Youtube: @cannabisbusinessminds

    17 min
4.3
out of 5
120 Ratings

About

Running a cannabis business is hard. Finding straight-talking, strategic advice shouldn’t be. Cannabis Business Minds is where ambitious entrepreneurs, operators, and professionals upskill fast, with no fluff. Hosted by Simone Cimiluca-Radzins, CPA and cannabis finance strategist, each episode delivers practical insights on compliance, cash flow, and growth, straight from the front lines of the industry.

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