Cannabis Capital Advisors is a multifaceted financial services platform specifically tailored to the cannabis industry


The cannabis marketplace is defined by an imperfect distribution of information. Cannabis Capital Advisors is a multifaceted financial services platform specifically tailored to the cannabis industry. CCA guides you through a cluttered and evolving regulatory landscape to craft solutions for your business or investment portfolio. Our goal is to bring a high level of professionalism to the cannabis industry and do our part to create a responsible and sustainable industry.


Christopher Stefan I am a real estate consultant, broker and salesman. Although I have been educated as a commercial real estate appraiser, I have not worked in that capacity. I have valued commercial real estate assets since 2007 as a broker, advisor, and principal. In that time, I have underwritten and provided valuation and brokerage services on over 500 commercial real estate properties across multiple asset classes including but not limited to: retail, industrial, multifamily, single family residential and special use properties. The real estate valuations I provide for my clients are formed with the intention of selling properties at the highest price possible in an arm’s length transaction with willing and able buyers. Investors risk capital based on the valuations I provide, and my track record of sales of over fifty commercial properties across nine states speak to the accuracy of my assumptions. In 2013, with the advent of legalized marijuana in Colorado, I shifted the focus of my business to the intersection of commercial real estate brokerage and cannabis. The assets I sell include vertically integrated dispensaries, cultivation and production businesses, zoned and qualifying commercial real estate, and licenses for dispensing, cultivating, or producing. Every transaction requires an appraisal of the specific opportunity. Over the last several years, I have provided valuation, brokerage, or consulting services to over 75 businesses in the cannabis industry. I have provided valuations for the purpose of capital raising, partnership disputes, business assessment, disposition, and acquisition. I work with industry professionals to price, market, and sell cannabis assets everyday. My valuations outline risks and opportunities of the various assets and provide actionable investment information to my clients. I collect data from state databases including but not limited to the Secretary of State, Departments of Revenue, Local Affairs, and Public Health. I access real estate information from multiple commercial real estate and appraisal databases including CoStar, Loop Net, City-Data.Org and by speaking with industry professionals including brokers, appraisers, and active investors in the markets. I work with active cannabis business operators to evaluate properties, licensing and regulatory frameworks, growing systems, and markets. Operators and I share data and best practice information for the best results. The construction estimations I use are based on past projects and current developments and are vetted by architects, engineers, and construction professionals. I draw on my Master’s Degree in Real Estate and Construction Management and fifteen years of experience in the real estate and construction industries to inform my decisions. Christopher Stefan Principal/ Broker Desarollo Real Estate & Cannabis Capital Advisors Education & Appraisal Experience Regis University – BA with Honors University of Denver – MS in Real Estate & Construction Management Appraisal Institute 2006 Licensed real estate agent in Colorado since 2005 Commercial real estate agent since 2006 providing valuations on over 500 properties Experienced asset manager: approximately $20,000,000 in commercial real estate assets and loans under management Transaction sales volume in excess of $60,000,000 over 10 year career Housing Colorado Board member serving on the Legislative Committee which works on public policy issues surrounding real estate and economic development National Association of Office and Industrial Properties Legislative Affairs Committee Urban Land Institute Multifamily Product Counsel Cannabis Specialization Founded Cannabis Capital Advisors in 2013 to specialize in the brokerage of cannabis businesses, licenses, and properties Transaction volume of $4,000,000 in the initial year of operations Provided valuation and brokerage services for 75 cannabis related businesses for operators, investors, and potential purchasers to date Worked and consulted on the sale and/or provided valuation services to the following Cannabis Businesses, real estate, and related entities: The Farm & Root Organic , Options Boulder & Options Wheat Ridge, The Greenest Green, Boulder Rx, Green Dream Health Services, Peaceful Choice, Village Green Society, North Boulder Wellness. Tru Cannabis, Sweet Leaf, IVita, Amsterdam Cafe, The Golden Goat, Terrapin Care Station, Fresh Baked, Boulder Marijuana Company, New Age Medical, Cannabis 4 Health, Sticky Buds, Native Roots and more Aaron Shaw Graduated University of Georgia Degree in Business Terry School of Business Operated and grew a retail chain of 10 businesses from $250,000 gross revenue annually to $900,000 in 2013 Founded Boulder RX dispensary in 2009 one of the first 10 dispensaries in Boulder, CO Designed and built a 3,000sf cultivation facility Designed and Built a 10,000 sf cultivation facility Sold the business in 2013 Began consulting in 2014 with CCA RE license in 2015 Began working with Desarollo Real Estate & Cannabis Capital Advisors


We’re very passionate about our industry and we want to collaborate with those who share our enthusiasm.