M&A and operating advice for cannabis operators

Get your business ready for what buyers will pay for.

Rescheduling, the federal hemp change and a recovering deal market are reshaping who buys and at what price. Squares Capital helps operators improve earnings, prepare for a sale, run the process, or buy well themselves.

What we do

Advice from the buyer's side of the table

I ran M&A at a multi-state operator. I know what makes a buyer pay up and what makes them walk, and I work with operators on both halves of that.

1

Improve earnings

Find the revenue, margin and cost moves that matter most to valuation, and track them.

2

Prepare for a sale

Clean up the numbers, the story and the diligence file before a buyer ever sees them.

3

Run the process

Find the right buyers, manage the timeline, and negotiate terms as well as price.

4

Buy well

Screen targets, value them, and plan the integration so the deal pays off after closing.

The 30-minute session

A buyer's view of your business, for $50.

Tell me about your business in a short questionnaire. I review it before we talk, we spend 30 minutes on what matters most to you, and you get a one-page written summary afterward.

  • Two tracks: M&A, or management and operations
  • The $50 is credited toward any work we do together
  • One session per company, eight a month
$50

30-minute call, reviewed in advance, with a written summary after.

Request a session

About

Joshua Snyder

Managing Director, Squares Capital

From 2019 to 2022 I was Head of M&A at Columbia Care, where acquisitions helped the company grow to roughly $500 million in revenue. I closed seven deals, evaluated several hundred more and turned most of them down, and built the post-close tracking for synergies and operating improvements.

Before that I did operational consulting for middle-market companies and private equity investors at Radical Consulting, and worked at FIS/SunGard and Citi.

  • 7acquisitions closed, from about $15M to $300M
  • Several hundreddeals evaluated, most of them declined
  • ~$500Mrevenue Columbia Care reached, helped by those acquisitions

Talk to me

Not sure where to start?

Book the session, or email josh@trysquarescapital.com and tell me what's on your mind.

Book a $50 session