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Osler Update June 8, 2018

Cannabis Act passes in Senate with amendments

After six months of study, Bill C-45, the Cannabis Act, passed third reading in the Senate. The Senate voted to adopt the Bill with a total of 46...

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Osler Update February 20, 2018

Vote deadline set for the Cannabis Act

The Senate has set June 7, 2018, as the deadline to hold its final vote on the legalization of recreational use cannabis in Canada.

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Osler Update February 13, 2018

CSA reconsiders disclosure policy for marijuana companies

On February 8, 2018, the Canadian Securities Administrators released a revised “CSA Staff Notice 51-352 Issuers with U.S. Marijuana-Related...

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Osler Update February 7, 2018

Legalization of recreational use cannabis potentially delayed

In a special televised meeting of the Senate on February 6, 2018, it was announced that the highly anticipated legalization of recreational use...

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Osler Update February 1, 2018

Health Canada brings down the cannabis vault

On January 25, 2018, Health Canada announced that it was introducing two targeted changes to the physical security requirements under the existing...

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Osler Update January 8, 2018

Securities regulators referee the Aurora hostile bid for CanniMed

On December 22, 2017, the Ontario Securities Commission (the OSC) and the FCAAS made an order cease trading the shareholder rights plan adopted by...

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Osler Update December 13, 2017

Cannabis in 2017: Setting the stage for legalization

A groundbreaking shift in policy in 2017 set the stage for the legalization of cannabis for recreational use in Canada, which the Canadian government...

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Osler Update November 2, 2017

Ontario proposes legislation to prepare for the federal legalization of cannabis

The proposed legislation would also amend the Highway Traffic Act to address, among other matters, drug-impaired driving.

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Osler Update October 19, 2017

CSA, TSX release guidance regarding marijuana-related activities in the United States for issuers of securities

The CSA released “CSA Staff Notice 51-352 Issuers with U.S. Marijuana-Related Activities” outlining the CSA’s specific disclosure expectations...

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Osler Update September 10, 2017

Cannabis legislation update: Ontario government announces exclusive cannabis retail distribution regime

On September 8, 2017, the Province of Ontario announced its proposed framework to establish a government agency for the exclusive retail sale of...

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