Cannabis BPOs - Find the True Value of Your Business or Real Estate

Here are some of the most common situations where a WeCann BPO adds value:

A traditional real estate BPO or business valuation rarely accounts for the regulatory, operational, and financial challenges tied to the cannabis space. At WeCann, we specialize in cannabis assets—and we know how to price them accurately.

1. Unmatched cross-disciplinary expertise: We bring decades of commercial real estate experience together with nearly a decade each of hands-on cannabis industry involvement. This unique combination means we understand not just how to value a property or a business, but how compliance, licensing, taxation, operational realities, and financing options intersect to influence that value. Few valuation providers can bridge the gap between traditional real estate fundamentals and the highly regulated, fast-evolving cannabis market the way we can.
2. Complete picture of risk and value: We look far beyond the physical asset itself, considering factors such as compliance history, indebtedness, state and local tax exposure, license scarcity, operator quality, and future use potential; all of which can significantly influence value.
3. Credibility with capital markets: Our BPOs have been used in transactions involving lenders, private equity firms, family offices, and MSOs.
4. Legal-grade analysis: We’ve provided expert witness testimony in valuation-related disputes. Our reports are thorough, clear, and defensible in court.
5. Fast, customized delivery: We work quickly without cutting corners. Every BPO is tailored to your asset and goals—no templates or generic language.

In short: we understand this market better than anyone. And we back up our opinions with facts, logic, and experience.

Our Broker Price Opinions are tailored to the asset type, stage of operations, and regulatory environment. Depending on the assignment, a WeCann BPO may include:

• Asset Overview: A clear description of the real estate or business, including location, square footage, license type(s), facility specifications, and tenant/operator details
• Regulatory Context: Summary of applicable local and state cannabis regulations, zoning, CUP/entitlement status, and transferability of licenses
• Market Conditions: Analysis of the regional and submarket cannabis landscape, including competition, demand trends, and pricing dynamics
• Comparable Sales and Leases: Data-driven analysis of recent transactions involving similar cannabis-licensed assets when available
• Valuation Rationale: Explanation of the valuation methodology (e.g., income approach, market approach, cost-to-replace) and key assumptions used
• Estimated Value Range: Final value estimate with supporting evidence, plus commentary on upside potential, risks, and marketability

We can provide valuation opinions on real estate only, license and business only, or combined real estate + business packages, depending on your needs.

Valuing cannabis properties and businesses is fundamentally different from valuing traditional assets and far more complex. This is a niche industry with limited pools of qualified buyers, few institutional lenders, and minimal equity investment compared to other sectors. Federal illegality casts a long shadow, creating a perceived risk premium that affects cap rates, financing availability, and buyer behavior.

On top of that, state and local licensing frameworks can dramatically impact value—two nearly identical facilities may be worth vastly different amounts depending on their regulatory standing or the scarcity of licenses in that jurisdiction. Operators also face the burden of Section 280E taxation, which reduces net income and can compress valuations.

Whether you’re acquiring, divesting, litigating, financing, or simply planning your next move in cannabis, a clear and objective view of value is essential. Our BPOs go beyond simple comps by factoring in zoning, licensing, entitlements, and the volatility unique to this industry.

The market itself is often opaque, with many transactions occurring off-market and with incomplete or confidential sale data. Add in volatility from oversupply in some regions, shifting consumer trends, and evolving public policy, and you get an asset class where traditional valuation models simply fall short.

Turnaround time is typically 5–10 business days, depending on the complexity of the assignment.

We’re a full-service cannabis consulting firm committed to resourcing, supporting and advancing the cannabis industry Nationwide.

Our solution to the burgeoning and complex cannabis industry is to solve all its major hurdles regarding licensure under one roof. Our expertise in commercial real estate, cannabis licensing and operations combined with expertise on nationwide, statewide and local regulations; create the perfect one-stop shop for cannabis entrepreneurs.

Whether for analytical advice, operations consultation, political advocacy services or more, our experience and work can be of invaluable support and as proven by our approval ratings, WeCann succeed.