It’s one of the fundamental questions all owners must wrestle with: should you own a big chuck of a small company or a small piece of a large company? And this is especially important if you're starting up a cannabis company and thinking of funding growth with equity.
Owning a relatively small slice of a big pie has worked out well for both Elon Musk and Jeff Bezos, but they may be the exception.
So, in this week's episode Chip shares four good reasons why your best bet is to own a big chunk of a small pie. Check it out.
Plus, we'll have our "News of The Day" segment and talk about cultivation takes and economic pressures in mature markets..
Want to discuss anything in this week's episode? Just drop an e-mail to chip@thegreenleafcpa.com and we'll help!
What to listen to next:
Episode 22 - How Being Like The Swiss Can Make Your Cannabis Business More Valuable
Episode 30 - 5 Ways to Get Your Cannabis Business to Run Without You
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Disclaimer: This podcast and related materials are designed only to provide general information regarding the subject matter discussed during the podcast episodes. The statutes, authorities, and other laws cited in this podcast are subject to change. This podcast and related materials are not intended to provide tax, accounting, legal, or other professional advice to any specific person or entity. Any advice or opinion regarding the application of the subject matter for a specific person or entity should be provided by a competent professional advisor based on an application of the appropriate law and authorities to the facts and circumstances applicable to that person or entity.