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Acquisition & investment diligence

See the cannabis compliance operation behind the license before the deal closes.

ILC reviews licenses, conditions, inspections, notices, inventory, security, quality, SOPs, training, systems, vendors, staffing, facilities, and open corrective work for buyers, sellers, investors, and counsel.

What changes

ILC has walked facilities where the binders looked perfect and the floor did not. That gap is part of what a buyer is acquiring.

  • Material operating gaps identified

  • Open commitments and correction costs made visible

  • Key-person and system dependencies understood

  • A practical post-close integration list

What ILC handles

What ILC can handle.

The exact engagement depends on your license, locations, stage, and internal capacity.

License and enforcement review

Review license status and conditions, approvals, renewals, inspections, notices, consent orders, commitments, and open correspondence.

Operational audit

Test facility controls, inventory, security, quality, training, records, incident handling, and the procedures staff actually use.

People, vendor, and system dependency

Identify where compliance knowledge, permissions, records, integrations, or essential work depends on one person or agreement.

Risk and integration brief

Prioritize immediate risk, remediation, transition needs, and post-close work for the transaction team.

Where operators get exposed

Where this work breaks down.

Most problems show up when what staff do, what the system records, and what the written procedure says no longer match.

The policy room looks better than the floor

Documents are complete but staff practice, system records, and facility controls do not match them.

One employee is the compliance system

The operation depends on personal memory, inboxes, credentials, or undocumented regulator relationships.

Corrective work is not priced

Known findings, deferred maintenance, expired records, system changes, or promised upgrades sit outside the deal model.

Who this helps

A good fit for this work.

  • Buyers and investors
  • Sellers preparing for review
  • Cannabis attorneys and transaction teams
  • Multi-state operators integrating a license or facility
Schedule a call with ILC.
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