Laura Bianchi, founding partner at Bianchi & Brandt, pointed out that a scarcity of cash is the primary factor contributing to the reduced M&A efforts within cannabis businesses.

“M&A requires an outlay of cash, so businesses are shifting focus to the things they can do to streamline and be more efficient before they thin themselves out with more expenditures. We’re also seeing the conflation of a multitude of stressors, including bad debt and the slow rollout of state programs that are forcing businesses to focus on what they can do today to set themselves up for better deals in the future.”

 

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About Bianchi & Brandt

Bianchi & Brandt offers a full suite of legal and strategic services tailored to the unique needs of complex industries, including cannabis and psychedelics, with a level of trust and expertise that is unmatched. With a deep bench of business law and regulatory specialists, the firm takes a holistic approach to client support across all operations. Bianchi & Brandt has served as a strategic partner to their clients and assisted not only with legal matters, but also risk management, compliance, M&A, and other business challenges. For over a decade, the firm has pursued its goal to help companies maximize results from founding through each new phase of growth. The Bianchi & Brandt team pride themselves on their long commitment to the industry and the deep client relationships forged by the firm’s founding partners. Learn more: bianchibrandt.com

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