Your Million-Dollar Cannabis Business May Soon Be Worthless, And That Is Just the Beginning of the Bad News

Could million-dollar cannabis dispensaries soon be worthless? Well, according to Green Life Business CEO Drew Mathews, the answer is yes. Mathews believes that the shift in the California market from valuing dispensaries based on top-line revenue to EBITDA (earnings before interest, taxes, depreciation, and amortization) and net income could lead to a significant decrease in dispensary valuations.