What Kind of Business Plan
Our 35 years of finely honed business planning and operations experience, including the medical cannabis industry, will assist your team in:
• Selection of the optimum physical sit for the premises to assist in negotiating the land transaction
• Quantifying the production capacity
• Preparing the business case prior to filing for the ACMPR license
• And assisting in possible initial funding
Our 35 years of experience in writing business plans for finance and operations experience, including the medical cannabis industry, will assist your team in producing a business plan for funding the third funding gap—building the premises.
That is a business plan to help finance the building of the Production Facility in anticipation of the Health Canada pre-production inspection. This will also include the funding of fixtures such as security vault, lights, cannabis extraction technology, machinery and equipment and working capital to fund the final stages of the Licensing Process.
Business plans for funding are usually for the raising between four and thirty million dollars, and can be used as the genesis of the business plan for an IPO or merger and acquisition (“M&A”) at a later date.
If you do not already have a business plan for operations you will need a business plan for regulatory compliance with Health Canada in the final review stage in the Access to Cannabis for Medical Purposes Regulations (“ACMPR).
Health Canada will want to determine that your corporation can describe its business and operational model to meet strict regulatory compliance and will contain sections such as:
• Description and status of the ACMPR Application
• Site Description
• The Team in terms of Health Canada designations.
• Growing Technology
• Plant Varietals – focusing on Products etc.
4. Business Plan for Initial Public Offering.
This is the business plan which will assist your security lawyer in addressing such aspects as the share cap table, the risks and opportunities, the company’s long term competitive advantage, and the value proposition investors will buy into.
We will work with you, and your security lawyer to ensure your business plan is complies with security laws.