James Munro 

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James Munro is a partner in the firm's Capital Markets group in Vancouver. His practice focuses on securities, corporate finance, cannabis law and mining law.

As part of his securities and corporate finance practice, James advises private and public clients in a range of industries in connection with venture capital financings, initial public offerings, private placements, public equity and debt financings, mergers and acquisitions, stock exchange listings, corporate governance, securities regulatory matters, contested shareholder meetings and proxy contests, and general corporate and securities law matters.

As part of his medical cannabis practice, James advises both Canadian private and public clients with respect to a broad range of licensing, transaction, and corporate compliance matters. James co-founded the firm’s Cannabis Practice Group in 2016.

As part of his mining law practice, James advises private and public clients with respect to property option agreements, joint venture agreements, earn-in and farm-out agreements, royalty agreements, strategic alliances, asset purchase and sale transactions, surface right matters, and technical disclosure.

James was seconded to Cravath, Swaine & Moore LLP in New York as a Foreign Associate from September 2005 to September 2006.

Representative Matters

• Acted for Harvest One Cannabis Inc. in its acquisition of ACMPR Licensed Medical Cannabis Producer and Swiss Medical Cannabis-Based Health Products company. The transaction was valued at approximately $50 million (inclusive of acquisition cost and retirement of debt).
• Acted for iAnthus Capital Holdings, Inc. as lead counsel in connection with a $20 million bought deal private placement of 8% unsecured convertible dibentures.
• Acted for Bit Stew Systems Inc. in connection with the acquisition of Bit Stew by GE Digital, via a plan of arrangement. The transaction was valued at $153-million (U.S.).
• Lead counsel for iAnthus Capital Holdings, Inc. in connection with a $20 million bought deal and concurrent $1.5 million non-brokered private placement. The financing was the first bought deal offering to be completed on the Canadian Securities Exchange.
• Acted for iAnthus Capital Management, LLC in the completion of its reverse merger with Genarca Holdings Ltd. Concurrent with the closing, the Company changed its name from Genarca Holdings Ltd. to iAnthus Capital Holdings, Inc. and had 16,900,000 total shares outstanding. In connection with the listing iAnthus raised $6,706,000.
• Acted for Sanatana Resources Inc. in a decision that awarded significant costs to Sanatana by the Ontario Mining and Lands Commissioner.
• Acted for a Toronto Stock Exchange listed issuer in connection with a US$170 million senior subordinated note offering.
• Acted for a Toronto Stock Exchange listed issuer in connection with its merger, through a plan of arrangement, with another Toronto Stock Exchange issuer (transaction value $27 million).
• Acted for a TSX Venture Exchange listed issuer in connection with the acquisition of gas lease blocks in the Gulf of New Mexico and associated development funding (transaction value $60 million). 
• Acted for a TSX Venture Exchange issuer in connection with a $30 million private placement financing.
• Acted for a TSX Venture Exchange issuer in connection with the acquisition of a producing gold and silver mine located in Mexico (transaction value US$26 million).
• Acted for a TSX Venture Exchange issuer in connection with a base metals streaming agreement (transaction value $8.5 million).
• Acted for a TSX Venture Exchange Capital Pool Company in connection with its Qualifying Transaction and related private placement financing (transaction value $6.5 million).

Presentations

Publications

News

Education

• Queen's University, LLB - 2004
• University of British Columbia, BA - 2000

Year Of Call

• Barreau de la Colombie-Britannique - 2005

Directorships and Professional Associations

• Vancouver Bar Association
• Canadian Bar Association
• Rocky Mountain Mineral Law Foundation

Awards & Rankings

• Listed in the Legal500 Canada 2020 as a "Recommended Lawyer" - Cannabis.

Media Mentions

• "Restructurings rise, IPOs  stall as pot sector matures", by Glen Korstrom, Business in Vancouver, December 17, 2019
• "Pot is becoming an earner for once reluctant Toronto law firms", by Kristine Owram, BNN Bloomberg, November 21, 2018
• "Queen's Law Reports 2018 (page 28)", Queen's University, 2018
• "Doing business in U.S. marijuana market a risky venture for Canadian firms: experts", by Ian Burns, The Lawyer's Daily, October 23, 2017
• "TMX clearing shift would undermine system, Canada pot firm says", by Jen Skerritt, Financial Post, August 23, 2017
• "McMillan study documents rapid growth of anti-ambush proxy battle rules", by Drew Hasselback, Financial Post, September 26, 2013