Our people make the difference.

At Canna Valuation, LLC, a wholly owned subsidiary of Seigneur Gustafson LLP (SG), we go beyond the numbers. Our passion lies in developing long-term relationships with our clients by serving as a trusted advisor and exceeding their expectations. We endeavor to provide quality services that cultivate a mutually rewarding affiliation through our expertise, enthusiasm, and innovative business solutions. Our commitment is to invest in our firm and our community through diversity and leadership.

Our Consulting Team

Unlike most other CPA firms, valuation and litigation support services are a primary focus at Canna Valuation, LLC & Seigneur Gustafson, LLP, with four full-time professionals dedicated to this area of our practice, including nationally recognized consultant Ron Seigneur and Brenda Clarke. Such constancy is vital, because frequent changes in statutes and regulations can markedly affect our outcome and mean millions of dollars.

Ron Seigneur is a recognized leader, educator, and innovator in the valuation field. He lectures frequently on valuation, litigation, and financial analysis issues to other valuation professionals and attorneys. Ron is also nationally recognized for his consulting expertise with law firms and attorneys, subsequent to a 7 year stint as a legal administrator and Chief Financial Officer for a 50 attorney Denver law firm.

The SG Team is also involved in complex litigation services, specializing in the calculation of economic damages in a broad range of personal and complex corporate disputes. We provide acquisition/ divestiture support to closely held businesses and expert witness services.

The experts at SG have held key positions in local and national appraisal organizations, and currently participate in these professional organizations: American Society of Appraisers, American Institute of Certified Public Accountants, the National Association of Certified Valuators and Analysts, the Colorado Society of Certified Public Accountants, CLE of Colorado, the Law Education Institute, the Expert Resource Connection, the College of Law Practice Management, and the Financial Consulting Group.

Meet Our Team

Ronald L. Seigneur
Ronald L. SeigneurManaging Partner
Ron has over 25 years of valuation experience and has been endorsed as an expert witness in several jurisdictions and has served in appointments such as trustee, mediator, arbitrator and special master of the court. Ron is very active nationally as an educator and author of valuation science and has written and taught advanced level valuation courses in several states for the AICPA, NACVA state bar associations and the Environmental Protection Agency.

He is past chair of the AICPA Accredited in Business Valuation committee and NACVA’s Professional Standards Board. He is an adjunct professor at the University of Denver College of Law where he teaches leadership and management for law firms. Ron is an author and lead instructor of the Association of Legal Administrator’s national Law Firm Management Essentials training program. Ron holds a BA in Hotel Restaurant and Institutional Management from Michigan State University and an MBA in Accounting and Corporate Policy from the University of Michigan. He is co-author of the 1300+ page treatise on business appraisal titled Financial Valuations: Applications and Models and Reasonable Compensation: Application and Analysis for Appraisal, Tax and Management. Ron also continues to focus attention to tax planning and compliance matters, as well as emphasizing succession and exit planning strategies for Seigneur Gustafson clients and their professional advisors.

Ron is originally from Michigan, but has been living in Denver for over 30 years. He lives in Golden with his wife Beverly, and, in his spare time, enjoys time with her, his two daughters, Chelsea and Sydney, and his four grandchildren, Zoe, Oliver, Lila, and Remington. He loves golfing, gardening and sitting around the fire pit, camping with family and friends, seeing live music, and traveling extensively for work and play. Ron is dedicated to his profession, as well as his family, and lives life by the motto, “Work hard, play hard!”

Brenda M. Clarke
Brenda M. ClarkePartner
​Brenda has over 20 years of experience working with a wide range of small businesses on various taxation, attestation, and planning issues. Brenda is Accredited in Business Valuation (ABV), which is a certification awarded by the AICPA. She is also a Certified Valuation Analyst (CVA) with expertise and experience in business valuation and economic damages claims litigation assignments, as well as valuation analysis for estate and tax transactions. Brenda has served as an expert witness in various family law cases both in and out of Colorado.

Brenda is a graduate of the University of Colorado with a BS in Business Administration and has previous work experience as a controller for a regional transportation company. Brenda has strong industry experience working with manufacturing companies, professional service firms, high tech clients, and cannabis related clients. She is the author of various publications and speaks locally and nationally on valuation and tax related issues.

Stacey Udell
Stacey UdellDirector of Valuation and Litigation Services
Stacey is the Director of Valuation and Litigation Services of HBK Valuation Group LLC and works primarily from the Cherry Hill, New Jersey office. HBK Valuation Group LLC has offices in Florida, New Jersey, Ohio, Pennsylvania. She has over twenty years of experience in business valuation, forensic accounting, economic damages, and litigation support services. Her experience includes valuations of businesses and professional practices for purposes of bankruptcy for submission to courts and trustees, divorce, ESOP compliance, estate and gift tax planning and compliance, mergers and acquisitions, succession planning, and damage studies.

Ms. Udell has valued privately-owned operating companies, investment holding companies, and other entities in various industries including, but not limited to: cannabis, construction, distribution, food production, health care, insurance and financial services, legal services, manufacturing, real estate management, retail sales, and wholesale sales. In her prior role as a Partner in a full-service accounting firm, Ms. Udell provided accounting and tax services for closely-held and family businesses including financial statement preparation, business and personal income tax planning and compliance, estate and business succession planning.

She is chair of the AICPA’s Forensics and Valuation Services Conference, chair of the AICPA’s Family Law Task Force, member of the AICPA Forensics and Litigation Services Committee, and a founding member of the AICPA’s CFF Development Task Force.

Ryan Cram
Ryan CramFinancial Analyst
Ryan Cram works as Financial Analyst and has been with Seigneur Gustafson LLP since 2016. Ryan has spent the last decade developing his professional skills as an investment analyst and adviser. In 2014, he started a consulting practice focused on helping canna-businesses with planning, fundraising and business valuation. Prior to starting RC Consulting, Ryan worked as a sell-side equity research analyst covering publicly traded companies in the wireless telecommunications sector. His research has been published throughout Wall Street, and he’s made several television appearances delivering commentary on the wireless technology industry. Since 2013, Ryan has also owned and operated a successful equipment rental company within the cannabis industry providing him with unique insights, relationships and data into a nascent industry that lacks visibility.

Mr. Cram graduated from Colorado State University in 2003 with a degree in Finance & Real Estate, and recently passed his Chartered Valuation Analyst exam making him a CVA candidate. He’s an avid snow sport and fitness enthusiast.