Basem Hanna on Getting $25 Million for TerrAscend

Selling a cannabis business for $25 million

Basem Hanna on Getting $25 Million for TerrAscend

“Basem Hannas jumped in on the cannabis excitement founding a start-up and eventually cashing in for over $25 million,” shares Sam Thompson a Minneapolis business broker and the president of M&A firm Transitions In Business. “In this episode you’ll hear how Basem made important decisions at critical moments, how he raised money from a hedge fund and dodged post selling depression.”

Artificial Intelligence (AI) is all the rage these days, but do you remember the cannabis craze? Basem Hanna sure does. He rode that wave to perfection, leaving his cannabis startup with a cool $25 million and shares that could be worth double that one day.

This week’s episode of Built to Sell Radio is a no-holds-barred chat (yep, expect some strong language) about making it big in the green rush. Beyond an entertaining story, you’ll also take away some practical tips on how to:

  • Make critical decisions at high-pressure moments.
  • Raise money from a hedge fund.
  • Avoid being duped by the most devious investors.
  • Dodge the depression that often comes after selling a business.

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