Do All Cash Deals Still Happen In 2024?
Recent years in the cannabis Industry have led to the extinction of all cash deals in the world of M&A (Mergers and Acquisitions). In 2021 and prior most transactions were all cash upon execution of purchase agreements but as the industry entered turmoil and uncertainty 80%-90% of all cannabis deals and transactions entered Escrow with some sort of seller financing whether it was 50% Down on a business or 10% Down, etc. As the market continues to mature and Business evaluations continue to decline, one may ask “Do All Cash Deals Still Happen? The answer is YES.
In Quarter 2 of 2024, Green Life Business closed the largest all cash cannabis transaction since 2020. An All Cash $9M cannabis dispensary in California sold through the Brokerage sending shock waves across the cannabis industry. Green Life Business Also Sold a $4M Large Scale Cultivation Business that paid All …