It may not be legal in your state yet…..The Introduction to Cannabis Operations and Valuation seminar is designed to introduce students to basic terminology, processes, and methods of valuing a cannabis operation with emphasis on real property valuation. Students will learn about the various legal and land use regulations pertaining to this unusual commodity (both State and Federal) and about the importance of a well-prepared and well-written Highest and Best Use analysis. Discussion will include the potential challenges and common pitfalls of valuing special use facilities with a focus on understanding key components and commonalities found in most cannabis operations. The seminar will enable students to successfully identify and understand variations in growing methods and facilities associated with medicinal, recreational and industrial hemp; review actual construction costs for a well-prepared Replacement Cost New (RCN) analysis; and understand what analysis is necessary for the production of a credible and supported opinion of value.Instructor: JoAnn Wall, ARA
American Society of Farm Managers and Rural Appraisers, Inc.
720 South Colorado Boulevard, Suite 360-S
Glendale, CO 80246-2664
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