Medical Marijuana Overview
Medical Marijuana Industry Expertise
The firm represents a variety of industry participants, including licensed producers, licensed producer applicants, research and development labs and investment banks raising capital for industry participants, and has acted on numerous transactions and mandates in the medical and recreational marijuana space including acting for the underwriters on all Canopy Growth brokered financings, going public transaction and fairness opinion for Canopy Growth’s acquisition of Bedrocan.
International Cannabis Corp (“ICC”), a licensed and authorized producer, developer and vendor of recreational cannabis, medicinal cannabis and industrial hemp in Uruguay, completed a private placement of subscription receipts for $13M in September 2016. (The firm acted for the agents).
Canopy Growth Corporation, a world leading diversified cannabis company,completed $34.5M bought deal financing in August 2016. (The firm acted for the underwriters).
Canopy Growth Corporation completed $11.5M bought deal financing in April 2016. (The firm acted for the underwriters).
Tweed Marijuana Inc. on a number of transactions including two bought deal financings, two private placement of units and its qualifying transaction in April 2016. (The firm acted for the underwriters).
Golden Leaf Holdings completed $5.8M private placement in March 2016. (The firm acted for the agents in connection with the brokered portion of the offering).
Canopy Growth Corporation completed approx. $14.4M bought deal financing in November 2015. (The firm acted for the underwriters).
Conferences and Industry News
On December 13, 2016, the federal task force on marijuana legalization released its 106 page report of 80 recommendations for the government’s framework for the legalization and regulation of cannabis in Canada. Click here to access the final report.
On May 24, 2016, Wildeboer Dellelce LLP together with LaBarge Weinstein LLP and Dundee Capital Markets hosted and presented a conference in downtown Toronto: Marijuana Regulation in Canada: Policy and Business Considerations. The conference featured a lineup of industry experts with keynote by Member of Parliament and former City of Toronto Chief of Police Bill Blair who also serves as the Parliamentary Secretary to the Minister of Justice and Attorney General of Canada and has recently been charged with overseeing the setting up of a federal-provincial task force tasked with creating a plan for the legalization of cannabis in Canada.
For more information on how we can assist you in this sector or to speak with us regarding any of your business law needs, please contact: