This course will focus on the analytical process required to derive a logical and supportable estimate of value for a regulated marijuana businesses and related intellectual property rights. Valuing recreational and medical license rights for marijuana cultivation, processing or retailing will be emphasized with a focus on use of the income and market approaches to value. A sample sanitized appraisal report will be provided and discussed.
Updates to incorporate new and emerging data sources and industry trends in the value proposition for marijuana businesses. Review of fundamental valuation concepts and methods. Discussion of the value of license rights and related intellectual property. Useful topics for practitioners and owner/operators involved in purchase price allocation work, economic damage assessments, estate planning and merger acquisition.
Practitioners and owner/operators involved in purchase price allocation work, economic damage assessments, estate planning and merger and acquisition, as well as those interested in marijuana appraisal.
Recall fundamental valuation concepts and principles. Distinguish how to apply these fundamental valuation approaches and methodologies to the unique and rapidly evolving nature of the cannabis industry appraisal assignments. Identify emerging market based data that can be useful in the appraisal process. Determine where to find industry resources.
Ronald Seigneur, Partner, Seigneur Gustafson LLP
Ron is Managing Partner of Seigneur Gustafson LLP in CO. He has over 30 years of valuation experience and has been endorsed as an expert witness in several jurisdictions and has served in appointments such as trustee, mediator, arbitrator and special master of the court. Ron is very active nationally as an educator and author of valuation science and has written and taught advanced level valuation courses in several states for the AICPA, NACVA, state bar associations and the Environmental Protection Agency. He is past chair of the AICPA Accredited in Business Valuation committee and NACVA’s Professional Standards Board. He is an adjunct professor at the University of Denver Daniels College of Business where he teaches Valuing a Business. Ron is an author and lead instructor of the Association of Legal Administrator’s national Law Firm Management Essentials training program. Ron holds a BA in Hotel Restaurant and Institutional Management from Michigan State University and an MBA in Accounting and Corporate Policy from the University of Michigan. He is co-author of the 1300+ page treatise on business appraisal titled Financial Valuations: Applications and Models; Reasonable Compensation; Application and Analysis for Appraisal, Tax and Management; The Cannabis Industry Accounting and Appraisal Guide; and the soon to be released, Financial Expert Guide for Family Law Judges and Attorneys. Ron also continues to focus attention to tax planning and compliance matters, as well as emphasizing succession and exit planning strategies for Seigneur Gustafson clients and their professional advisors. Ron has co-authored 3 books, including The Cannabis Industry Accounting and Appraisal Guide. He is an adjunct professor at the University of Denver and a speaker on professional practice issues.
Non-Member Price $109.00
Member Price $89.00