Cannabis Laws + Regulations
With a federal license, it’s currently legal to produce, distribute, and sell marijuana for medical purposes in Canada. In early 2017, the federal government introduced legislation that will legalize the recreational production, sale, and use of cannabis in Canada. With legalization, market demands are expected to rise.
It could be a lucrative time to launch a cannabis business venture. If you're interested, Cougle + Co. can provide sound legal advice to help you get started and operate within government regulations.
We are experienced in:
Rules and Regulations:
- Bill C-45 (Cannabis Act)
- Access to Cannabis for Medical Purposes Regulations
- Municipal by-laws
Applications:
- Commercial production licenses
- Production for medical purposes
- Production by designated person
Drafting and Negotiating:
- Shareholder agreements
- Joint venture agreements
- Franchise agreements and franchise disclosure documents
- Supply agreements
- Licensing agreements
- Employment and consulting agreements
- Loan agreements
- General commercial contracts
Lease review
Lease negotiations
Equity Financings:
- Private investments
- Public offerings
- Private placements (brokered and non-brokered)
- IPOs
- Capital Pool Companies (CPCs)
Debt Financings:
- Bank financing
- Debt offerings
- Loan agreements
- General security agreements
- Mortgages
Corporate Services:
- Business plans
- Investor/Corporate presentations
- Securities legislation
- Stock exchange rules
- Letters of intent
- Deal negotiations
- CPC qualifying transactions
- Proxy contest
Investor Services:
- Due diligence
- Deal negotiations
- Board oversight agreements
- Management oversight agreements
- Proxy contests