Cannabis in the Capital Markets
Cannabis in the Capital Markets
The legalization of marijuana for recreational use in Canada, expected to take place this year, is a game-changer for lawyers, businesses, citizens and governments. It will have significant implications in many different areas of law, raising challenging new questions and offering exciting opportunities to break new ground for members of the legal profession.
For this article, Queen’s Law Reports invited the views of 11 professionals – 10 law alumni and a physician – who have already established their bona fides in the complex specialities attending the regulation, business, and health risks of what will be seen, historically, as a legal, political, and cultural revolution in Canada.
James Munro, co-chair of McMillan LLP’s Vancouver Cannabis Practice Group, spoke to Mark Witten from Queen’s Law Reports on how the upcoming legalization and regulation opens the door to a dynamic new field of practice for cannabis law practitioners.
“This is a once-to-twice-a-generation opportunity for lawyers,” says Munro. “To be a first mover in any area of law is exciting because you’re shaping industry. Just four years of experience in the cannabis sector makes you very experienced, which is comical, but also true.”
To read the rest of James Munro’s interview go to the Queen’s Law Reports 2018.
Insights (5 Posts)View More
Budget 2024: Legislative Changes of Note for Investment Funds
In Budget 2024, the Government acknowledges that the restrictions placed on the property that may be held by registered plans have become unduly complex.
Budget 2024: Clean Energy Incentives and Resource Sector Measures
Budget 2024 prioritizes Canada’s transition to a net-zero economy and contains several measures aimed at facilitating that ongoing transition.
Budget 2024: Synthetic Equity Arrangement Restrictions Tightened
Budget 2024 proposes to tighten the “synthetic equity arrangement” anti-avoidance rule by eliminating the no “tax-indifferent investor” exception.
Budget 2024: Increases in the Taxation of Capital Gains
Budget 2024 proposes to significantly change how capital gains are taxed under the Income Tax Act (Canada).
Budget 2024: Expanded Relief for Non-Resident Service Providers
Budget 2024 will expand the circumstances under which relief may be granted from withholdings on payments made to non-residents that render services in Canada.
Get updates delivered right to your inbox. You can unsubscribe at any time.