Professional Development Sessions

The Professional Development sessions will be hosted in the afternoon, before the dinner meeting at 6pm. Click here to register for the dinner meeting (we request that if you are available to attend both the PD sessions and the dinner, you register separately for both)

Session 1: 2:30 to 3:20 pm, presented by Kroll
Topic - Cost of Capital in the Current Environment
Speakers:
- Frank Deluccia, Director, Valuation Advisory Services, Kroll
- Jonathan Goldblatt, Managing Director, Valuation Advisory Services, Kroll
- Anil Mathews, Vice President, Valuation Services, Kroll
Discussion Points include:
- Risk free rate Analysis
- US Equity Risk Premium
- US Cost of Debt
- Industry Betas
- Implications on valuation analyses

Session 2: 3:30 to 4:20 pm
Topic - Update on NJ Cannabis Industry
Speaker - Neil Milano, Senior Financial Executive
Discussion points include:
- Current NJ market dynamics
- Licensing update
- NJ adult use application types
- Costs of getting a license
- CRC operational approvals for a permit 
- Capital needed for each type of license

Session 3: 4:30 to 5:20 pm, presented by Gibbons
Topic - Current Tax Structuring Issues in M&A and Comments on the Inflation Reduction Act
Speaker - Peter Ulrich, Director, Corporate, Gibbons P.C.
Discussion points include:
- Structures to expect in certain M&A transactions and why they are being introduced by advisors;
- An overview of relevant items of the newly adopted Inflation Reduction Act and its impact on certain green energy tax incentives.