In October 2018, the Canadian government legalized recreational cannabis, creating a new industry, with both opportunities and growing pains. Since then, the regulatory environment has evolved, and the industry itself has undergone a number of significant changes.
As the sector matures in Canada, and as new markets open up globally, licensed producers have some big business decisions to make, including the possibility of acquiring other companies and entering new markets. Properly navigating strict controls over the production, distribution, sale and possession of cannabis – including newer classes of products– is a must for those active in this sector.
Osler has been working with businesses in highly regulated industries for years, and we have extensive experience in cannabis-related capital markets, M&A, venture capital and investment transactions. Osler’s Cannabis team has helped licensed producers, investors, startups and other industry players succeed in this constantly changing industry. We advise on the legal and regulatory frameworks that govern cannabis businesses.
As the cannabis industry continues to change it’s important to work with experts who can help you navigate the opportunities and challenges that exist.