Category: Cannabis

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2018 Legal Trends: Cannabis

March 8, 2018

As part of our quarterly series on current trends across different industries, we first take a look at what’s on the horizon for cannabis. As the Canadian Cannabis Act works its way through Parliament, the Canadian cannabis sector continues to experience an extremely dynamic, fast-changing environment. Here are a few legal trends to watch for as the industry becomes more…

2018 Federal Budget: Excise Tax on Cannabis

March 2, 2018

On February 27, 2018, the Minister of Finance introduced Canada’s 2018 Federal Budget (2018 Budget), which looks to implement the excise duty framework for cannabis that was proposed in November 2017 (see our November 2017 Blakes Bulletin: Federal Government Proposes Excise Duties for Cannabis Producers). The duty will generally apply to all products available for legal purchase, which at the outset…

Canadian Mergers and Acquisitions: FAQs and 2018 Trends

February 16, 2018

Our Canadian Mergers and Acquisitions: FAQs and 2018 Trends answers frequentlyasked questions regarding the regulation of public M&A in Canada and provides anoutlook for what 2018 may hold based on significant developments we observedfrom the Canadian deal environment in 2017.

Back in “Sessions”: CSA Reaffirms Disclosure-Based Approach For Canadian Reporting Issuers with U.S. Cannabis-Related Business Activities

February 12, 2018

On February 8, 2018, the Canadian Securities Administrators (CSA) released a highly anticipated notice clarifying the CSA’s position regarding issuers with cannabis-related activities in the United States. The revised staff notice reaffirms the CSA’s disclosure-based approach and sets out additional disclosure expectations for issuers with U.S. cannabis-related activities. The notice follows the CSA’s previously released statement on January 12, 2018,…

B.C. Provides Update Relating to Retail and Wholesale Distribution of Non-Medical Cannabis

February 7, 2018

On February 5, 2018, the British Columbia government supplied additional insight into its proposed retail and wholesale distribution framework for non-medical cannabis through the release of its Private Retail Licensing Guide (Guide) and Liquor Distribution Branch Information Sheet. The B.C. government has noted that, while these publications set out its intentions for B.C.’s retail framework, this framework is subject to…

Ontario Seeks Input on Regulatory Proposals for Cannabis Legalization, Other Provincial Regulatory Frameworks Take Shape

January 23, 2018

Following shortly after the Ontario government’s passage of legislation regarding the use, sale and distribution of recreational cannabis in Ontario in December 2017, the province has unveiled a number of regulatory proposals on which it seeks public feedback. Among other things, the proposals seek to clarify where cannabis can be consumed and notably, solicit feedback on the possibility of permitting…

Alert: U.S. Rescinds Cannabis Guidance Including Cole Memorandum

January 4, 2018

On January 4, 2018, U.S. Attorney General Jeff Sessions issued a memorandum to U.S. attorneys, which rescinded all previous nationwide guidance specific to cannabis enforcement, including the so-called “Cole Memorandum” that listed specific cannabis-related activities that the Department of Justice intended to focus on with respect to the Controlled Substances Act. In effect, the Cole Memorandum created room for recreational…

B.C. Announces Key Policies Relating to the Legalization of Recreational Cannabis

December 6, 2017

On December 5, 2017, the British Columbia government unveiled details on how recreational cannabis will be purchased, distributed and sold in the province, once legalized, which is expected to happen in July 2018. The B.C. government’s decisions follow the province’s consultation with nearly 50,000 British Columbians, 141 local and Indigenous governments and a range of other stakeholders. POLICY DECISIONS The…

Health Canada Releases Proposed Regulatory Framework for Cannabis

November 22, 2017

On November 21, 2017, Health Canada launched a public consultation on the much-anticipated regulatory approach for the proposed Cannabis Act, which will legalize and regulate the use of cannabis for recreational purposes (see our April 2017 Blakes Bulletin: Federal Government Introduces Cannabis Legislation for more information). The consultation paper (Paper) outlines a regulatory approach that builds on the significant consultations…

Alberta Introduces New Legislation to Regulate Recreational Cannabis

November 17, 2017

On November 16, 2017, the Government of Alberta introduced Bill 26, An Act to Control and Regulate Cannabis (Bill), which contains the proposed regulatory framework for recreational cannabis sales in Alberta. The Bill seeks to amend the Gaming and Liquor Act (GLA) to govern the purchase, distribution, sale and consumption of recreational cannabis in the province and proposes a hybrid…

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