M&A · Capital Formation · Cannabis & Digital Assets

High yield is earned, not promised.

A boutique advisory firm guiding founders and operators through mergers, acquisitions, and capital raises in two of the most consequential — and misunderstood — markets of the decade.

Cannabis and digital assets are defined by regulation, starved of traditional capital, and consistently mispriced by the institutions that should understand them. That gap is the opportunity. We help you close it.

What we do

Senior advisory across the full transaction life cycle.

01

Sell-Side M&A

We represent owners and operators through a confidential, competitive process — positioning, valuation, buyer outreach, negotiation, and close — built to maximize value while protecting the business and the people in it.

02

Buy-Side M&A

For acquirers building scale across fragmented markets: targeted sourcing, disciplined diligence, structuring, and negotiation — with a clear-eyed view of regulatory transfer, licensing, and integration risk.

03

Capital Raising

Equity and debt formation for growth-stage companies, structured for the realities of cannabis and digital-asset balance sheets — and introduced to capital partners who actually understand the sectors.

04

Strategic Advisory

Board- and principal-level counsel on structure, financing, and positioning ahead of a transaction or a raise — the work that determines whether the deal you eventually run is the right one.

Where we focus

Two frontier markets. One discipline.

Sector 01

Cannabis

An industry consolidating in real time under a patchwork of state regimes, federal limbo, and capital constraints found nowhere else.

  • Multi-state consolidation & roll-ups
  • License transfers & regulatory approval
  • 280E, banking & balance-sheet realities
  • Operator-to-operator transactions
Sector 02

Digital Assets

Tokenization, on-chain finance, and the firms building real infrastructure as the regulatory perimeter takes shape.

  • Tokenization & on-chain capital markets
  • Fintech & digital-asset M&A
  • Treasury & capital formation
  • Regulatory-aware structuring

We work where most banks won't and generalists can't — because navigating regulation, not avoiding it, is where the value is created.

How we work

The advantages of staying small.

A

Principals, not layers

You work directly with the people running your deal. No handoffs to junior teams, no diffusion of accountability.

B

An operator's lens

We've built and run businesses in these sectors — not just modeled them. We know what survives diligence and what doesn't.

C

Discretion by default

In small markets, a leak can cost you the deal. Confidentiality isn't a feature of our process; it's the foundation.

D

Aligned incentives

We take on engagements we believe in and structure our fees so that we win when you do.

Track record

Built on real operating experience.

20+ yrs
Combined operating and capital-markets experience across the team.
2
Frontier sectors — cannabis and digital assets — covered with genuine depth.
Senior
Leadership roles at venture-backed, public, and emerging-growth companies.
Founder & Managing Partner

Jesse Channon

M&A · Capital Formation · Cannabis & Digital Assets

High Yield Advisory was founded on a simple premise: the founders and operators building cannabis and digital-asset companies deserve the same caliber of senior, conflict-free advice that established industries take for granted.

Jesse brings two decades spanning operations, capital markets, and growth technology — including senior leadership across multi-state cannabis operations and tokenized-finance ventures, alongside earlier roles in venture-backed technology. That combination of operating credibility and transaction discipline is what the firm is built around.

The result is advisory work that understands the business from the inside, the regulatory terrain from experience, and the capital from both sides of the table.

Get in touch

Every conversation starts in confidence.

Whether you're weighing a sale, planning a raise, or simply want a candid read on your options — reach out. Nothing is shared, and there's no obligation in a first conversation.

All inquiries held in strict confidence.

Message received.

Thank you — your note has come through in confidence. We'll be in touch shortly. For anything time-sensitive, email info@highyieldadvisory.com.