Cannabis

The global cannabis market is under constant change. As the industry matures and stabilizes, opportunities across the value chain have expanded to include processors and service providers, as well as cultivators and distributors. 

Along with the potential for major rewards, however, there are also major risks involved when venturing into uncharted territory. On the path to becoming a commercial success, cannabis entrepreneurs face numerous challenges. 

  • During planning and start-up: conducting informative market research, preparing an effective business plan, securing a license to cultivate and distribute from Health Canada.
  • Establishing the business: obtaining financing, valuing assets, meeting regulatory requirements, forming key partnership, generating cash flow, minimizing taxes. 
  • Expanding and scaling: building profitability, expanding, going public and managing risks. 
  • Accessing the knowledgeable advice and guidance crucial to successfully navigate the path forward.

Solutions for Your Success

The global Cannabis sector is young, entrepreneurial, rapidly evolving and brimming with potential. Learn how MNP can help guide you to sustainable growth and success.

  • Establishing the business

    Preparing an effective business plan, conducting informative market research, obtaining financing, valuing assets, meeting regulatory requirements, forming key partnership, generating cash flow, minimizing taxes, accessing the knowledgeable advice and guidance crucial to successfully navigate the path forward.

  • Expanding and scaling

    Building profitability, discovering new opportunities and managing risks.

  • Going public

    Insights

    • Performance

      April 02, 2024

      Five strategies to navigate the economic headwinds facing food and beverage processors

      Against the backdrop of an uncertain economy, we assess how food and beverage businesses can improve operational efficiency, manage costs, and increase profitability.

    • December 06, 2023

      Planning for long-term success in your craft brewery

      Whether you’re hoping to grow your brewery or position the business for sale down the road, setting yourself up for success means looking ahead.

    • October 23, 2023

      Managing your craft brewery’s cash flow amid economic uncertainty

      Careful analysis and control make improving cash flow possible despite difficult and unpredictable times.

    Contact Our Food and Beverages Processing Team

    Matt MacDonald MBA

    National Leader, Food & Beverage Processing

    Matt is MNP’s National Leader of the Firm’s Food and Beverage Processing practice and a Business Advisor, Assurance and Accounting, in Mississauga. Matt proactively helps clients manage their business and set strategic goals for both their personal and professional futures. By leveraging his extensive experience working with family businesses and clients across multiple sectors, Matt helps his clients implement practical business advisory, tax, and accounting strategies, along with strong business fundamentals.

    An active participant in the food and beverage processing industry and various associations across Canada, Matt brings more than 15 years of experience to his role as a trusted advisor.

    Matt received an Honours Bachelor of Arts (BA) in political science and economics from McMaster University and a Master of Business Administration (MBA) in executive leadership and finance from Liberty University.

    Matt has extensive board experience in both the private and not-for-profit sectors, most recently serving as a national director for Make-A-Wish Canada. He sits on the Oakville Chamber of Commerce board of directors.