The Dispensary Exit Playbook

The Dispensary Exit Playbook

By Eric Dena
Michael Caine
Listen with Sir Michael Caine™ and 1,000+ voices
Length1h 8m

About this audiobook

Most dispensary owners spend years building something valuable — then lose a significant portion of that value in the final 90 days because they never learned how to sell. The Dispensary Exit Playbook is the definitive guide to preparing, positioning, and selling a cannabis dispensary for maximum value. Written by Eric Dena — a cannabis industry veteran with over 15 years of experience and more than 300 dispensary transactions — this book breaks down how buyers actually evaluate businesses, what kills deals in due diligence, and why so many operators leave serious money on the table. Packed with real deal stories and practical frameworks covering valuation, pre-sale preparation, LOI negotiation, deal structure, due diligence, and closing — this is not theory. It's a field guide from someone who has been on every side of the table. Build it right. Structure it right. Exit right.

Audiobook details

GenreBusiness and Economics
Length1 hr 8 mins
Narrated byListen with 1,000+ voices
FormateBook with Audio
Publish dateMay 31, 2026
LanguageEnglish

Table of contents

1Foreword
294 Types of Cannabis Buyers
2The Truth About Selling a Cannabis Dispensary
30What Actually Makes a Good Buyer
3You're Not Selling a Store
31Negotiating the LOI
4I've Been on Every Side of This
32What an LOI Really Is
5The Lie Operators Tell Themselves
33Exclusivity — The Silent Trap
Show all chapters
6Buyers Don't Buy Potential
34Due Diligence — Where Buyers Create Leverage
7Why Dispensaries Sit on the Market
35The Re-Trade Problem
8The Emotional Disconnect
36Navigating Due Diligence
9What a Sellable Dispensary Actually Looks Like
37The Real Cost of Going In Unprepared
10What Your Dispensary Is Actually Worth
38The Confidence Factor
11Value Is Not Revenue
39Closing the Deal: What Has to Happen Before Closing
12The 4 Drivers of Dispensary Valuation
40The 10 Mistakes That Kill Deals
13The Multiples Reality
41Life After the Sale
14Dispensary Valuation Calculator
42The Biggest Misconception About Exits
15Pre-Sale Audit Framework
43Taxes — The Silent Hit
16What Buyers Are Actually Evaluating
44Deal Structure Matters More Than Sellers Think
17Buyers Aren't Buying a Business — They're Buying a Situation
45The Cost of the Deal Itself
18The 5 Things Every Serious Buyer Evaluates
46The Identity Shift
19Mississippi Reality Check
47What Smart Operators Do After Selling
20Buyers Are Quietly Testing You
48When the Business Is Distressed: The 3 Exit Paths for Distressed Dispensaries
21Pre-Sale Preparation: Where Value Is Actually Created
49Lessons From the Trenches: The Biggest Difference Between Successful Deals and Failed Ones
22You Don't Sell a Dispensary — You Present It
50Building Your Exit Strategy
23The 5 Areas That Drive Pre-Sale Value
51The Real Reason Most Owners Fail to Exit
24The 30–60 Day Window That Changes Everything
52The 3 Phases of a Successful Exit
25Deal Structure: What You Actually Get Paid
53Build It Right. Exit Right.
26The Illusion of a High Price
54You're in One of Three Positions Right Now
27The 5 Core Deal Structures in Cannabis
55Your Next Steps
28Finding the Right Buyer

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