By: Andrew Elbaz, Alexandra (Sasha) Toten, and Joseph Jamil of Minden Gross LLP The Ontario Securities Commission (“OSC”) first signaled that it considers diversity on public company boards and executive teams to be a priority when it implemented what is known as the women on boards and in executive positions rules (the “WB/EP Rules”) in 2014. At a roundtable discussion on … [Read more...] about If you’re listed on the TSX, you may have to set targets for gender diversity
Last week, New Brunswick Liquor (“NB Liquor”) issued a tender for locations to sell recreational cannabis. This morning we learned that these storefronts will house stand-alone recreational cannabis retail outlets, which will operate as subsidiaries of NB Liquor. The stores will be coupled with online sales that will either deliver to customer homes or allow orders to be … [Read more...] about New Brunswick Announces Retail Model for Recreational Cannabis
By: Andrew Elbaz, Alexandra (Sasha) Toten, and Joseph Jamil of Minden Gross LLP On October 16, 2017, the Canadian Securities Administrators (“CSA”) set out specific disclosure expectations for issuers that currently have or are in the process of developing cannabis-related activities in the U.S. (“U.S.-Related Cannabis Issuers”). The CSA Staff Notice 51-352 Issuers with U.S. … [Read more...] about CSA announces disclosure expectations for cannabis companies operating in the U.S.
Back in September, New Brunswick announced that it established a Crown corporation to oversee the sales of recreational cannabis in the province. The details of its retail model were not released. However, we do know that licensed producers Organigram and Canopy Growth will supply the Province with dried cannabis and cannabis derivatives. The legislature committee has … [Read more...] about New Brunswick Calls for Tenders for Future Cannabis Retail Space
Today, Alberta announced its proposed framework for legalized recreational cannabis (the “Framework”). Prior to drafting its Framework, like many other Provinces, Alberta released an online survey asking residents for ideas and suggestions on how to implement a legalized recreational cannabis regime in the province. In addition to the survey, which ran from June 2 to July … [Read more...] about Alberta’s Proposed Framework for Legalized Recreational Cannabis