Unrivaled Brands CEO Frank Knuettel II and General Counsel Joseph Segilia to Participate in Webinar “Hot Topics in Cannabis: Do’s and Don'ts in a M&A Transaction” on February 16, 2022
SANTA ANA, Calif., Feb. 08, 2022 (GLOBE NEWSWIRE) -- Unrivaled Brands, Inc. (OTCQX: UNRV) ("Unrivaled" or the "Company") today announced that its CEO Frank Knuettel and General Counsel Joe Segilia will join a panel discussion titled, “Hot Topics in Cannabis: Do’s and Don'ts in a M&A Transaction” in the cannabis industry, including banking, legal, and CEO perspectives.
A typical M&A deal is full of hoops and hurdles imposed by the regulatory community, and a cannabis transaction adds even more layers of regulation. The webinar will offer tips and guidance from the perspective of a CEO, in-house and external legal counsel and banker about navigating the challenges that may impact a successful M&A transaction in the cannabis industry. This lively and thought-provoking discussion will include first-hand experiences and timely examples relevant to the cannabis sector.
Wednesday, February 16
11:00 A.M. – 12:00 Noon ET
Topics may include:
- Cannabis company governance and processes are often times woeful, so diligence is even more important than in most M&A transactions
- Impact of 280(e) on cash flows and appropriateness of expense allocation for tax reporting purposes related thereto
- Management of capital raising to facilitate M&A transactions
- The license transfer process is critical -- without it, there is no value to the acquisition
- Complete investigation of state and local rules with respect to operations
The webinar will provide a practical, how-to approach for understanding how a M&A deal is done for the cannabis industry.
About Unrivaled Brands
Unrivaled Brands is a multi-state vertically integrated company focused on the cannabis sector with operations in California and Oregon. In California, Unrivaled Brands operates five dispensaries, a state-wide distribution network, and two cultivation facilities, and has up to four additional dispensaries under development. In Oregon, we operate a state-wide distribution network. Among other brands, Unrivaled Brands is home to Korova, the market leader in high potency products across multiple product categories, currently available in California, Oregon, Arizona, and Oklahoma, as well as Sticks and Cabana. For more info, please visit: unrivaledbrands.com. For more info, please visit: https://unrivaledbrands.com.
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Certain statements contained in this communication regarding matters that are not historical facts, are forward-looking statements within the meaning of Section 21E of the Securities and Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995, known as the PSLRA. These include statements regarding management's intentions, plans, beliefs, expectations, or forecasts for the future, and, therefore, you are cautioned not to place undue reliance on them. No forward-looking statement can be guaranteed, and actual results may differ materially from those projected. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise, except to the extent required by law. We use words such as "anticipates," "believes," "plans," "expects," "projects," "future," "intends," "may," "will," "should," "could," "estimates," "predicts," "potential," "continue," "guidance," and similar expressions to identify these forward-looking statements that are intended to be covered by the safe-harbor provisions of the PSLRA. Such forward-looking statements are based on our expectations and involve risks and uncertainties; consequently, actual results may differ materially from those expressed or implied in the statements due to a number of factors.
New factors emerge from time-to-time and it is not possible for us to predict all such factors, nor can we assess the impact of each such factor on the business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. These risks, as well as other risks associated with the combination, will be more fully discussed in our reports with the SEC. Additional risks and uncertainties are identified and discussed in the "Risk Factors" section of the Company's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other documents filed from time to time with the SEC. Forward-looking statements included in this release are based on information available to Company as of the date of this release. The Company undertakes no obligation to update such forward-looking statements to reflect events or circumstances after the date of this release.
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Released February 8, 2022