Due Diligence

Environmental Due Diligence

Acquisitions, mergers, selling, and expanding operations bring a host of environmental risks and liabilities. Mitigate those risks with Dragun’s successful environmental due diligence process of critical analysis, innovative solutions coupled with regulatory insight.

Environmental due diligence is all about identifying and managing risks and exposures related to property acquisition or divestitures, which is key to maintaining and preserving the value of your investment . Getting the best information lets you make informed decisions and limit liability, and it prevents a little headache from becoming a migraine later.

In-depth Phase I and Phase II assessments

Unlike other companies that regard due diligence as a task for the junior associates, at Dragun we put to work the full strength of our multi-disciplined team including Master’s- and Ph.D.-level scientists and engineers where necessary to ensure that you receive the most reliable results. Dragun objectively quantifies the risk; we then put the risk into perspective based on your criteria, risk tolerance, and business objectives.

Dragun follows the US Environmental Protection Agency Standards and Practices for All Appropriate Inquiries {(AAI), 40 CFR Part 312} and guidelines established by the American Society for Testing and Materials (ASTM) in the Standard Practice for Environmental Site Assessments: Phase I Environmental Site Assessment Process / Designation E 1527. For the Phase II, Dragun adheres to the American Society for Testing and Materials (ASTM) Standard for Environmental Site Assessments

In the Phase I ESA, we gather the necessary information from the site to develop an accurate picture of the site conditions, along with the conditions of neighboring sites that can have a negative effect on your property. If we find something suspect, we don’t blindly jump to a Phase II ESA. We design a Phase II that effectively helps you achieve your goals; we don’t collect data for data sake.

Cannabis Market

Entrepreneurs and investors involved in the cannabis market are quickly lining up in Michigan.  As there is conflict between federal and state laws, this market poses some specific and important legal considerations.  Accordingly, details will be crucial, including environmental details.

Dragun’s breadth and depth of knowledge on environmental issues will be essential for those investing in this emerging cannabis market.  For example, some of the environmental issues that growers, processors, or distributors might need to consider include:

  • Environmental Due Diligence (Phase I/II ESA, BEA, Due Care)
  • Water Withdrawal
  • National Pollutant Discharge Elimination System (NPDES)
  • Wastewater Discharge Permits
  • Air Quality

Dragun can help.  Since 1988, we have helped hundreds of clients with a variety of assessments, permits, plans, and negotiations with regulators.

MDEQ Guidance for the Cannabis Market

The Michigan Department of Environmental Quality (MDEQ) has provided some guidance:  Protecting Water Resources When Growing and Processing Marihuana.

To learn more about how we can help you, contact our Senior Vice President, Jeffrey Bolin, M.S., CHMM at 248-932-0228, Ext. 125.

Choose Dragun for due diligence and beyond

It is not enough to just know the technical aspects of environmental projects. So we commit to a thorough understanding of the technical principles of our respective specialties, as well as the regulations that affect our client from a business standpoint.

If your due diligence results lead to further site assessment or remediation, you can rely on Dragun for world-class services. Similarly, call on us for an expert second opinion as you move forward.