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.
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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.
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Expanding and scaling
Building profitability, discovering new opportunities and managing risks.
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Going public
Insights
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Progress
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Contact Our Food and Beverages Processing Team
Glenn Fraser CPA, CA, MBA
Senior Vice President, Private Enterprise
Glenn is a member of MNP’s Private Enterprise team in Toronto. Glenn brings more than 25 years of experience to his role proactively serving privately held and owner-managed businesses in a variety of industries. In addition to assurance and tax compliance, he helps clients with business strategy, financing, tax strategy, and succession planning.
Prior to his current role, Glenn was the Vice President and National Leader of MNP’s Food and Beverage and Cannabis team. Glenn was also a member of the Firm’s Board of Directors from 2015 to 2022.
Glenn is an active community volunteer with a long history of board appointments with several charities, including Childhood Cancer Canada, where he served as board chair for more than a decade.
Glenn earned a Master of Business Administration (MBA) from York University. He is a Chartered Professional Accountant (CPA), qualifying as a Chartered Accountant (CA).