Description

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/

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