Cannabis

• Chambers Canada Legal Guide

• The Legal 500 Canada

Capital Markets

• The underwriters in Mercer Park Opportunities Corp.'s US$200-million initial public offering.
• A U.S. institutional purchaser and certain of its affiliates or related funds on their purchase of US$360-million aggregate principal amount of senior secured convertible notes of HEXO Corp.
• Cronos Group Inc. in connection with the C$2.4-billion strategic equity investment in Cronos Group by Altria Group, Inc.
• The initial purchasers for Aphria Inc.’s US$350-million private placement of 5.25 per cent convertible senior notes.
• Bespoke Capital Acquisition Corp. on its US$350-million initial public offering as a newly organized special purpose acquisition corporation.
• Horizons ETFs Management (Canada) Inc. in connection with the initial public offering of North America’s first cannabis exchange-traded fund, Horizons Medical Marijuana Life Sciences ETF.
• BMO Capital Markets Corp. and a syndicate of initial purchasers on a private placement offering by Aurora Cannabis Inc. of US$345-million of 5.5 per cent convertible senior notes due 2024.
• Tilray, Inc., a Nasdaq-listed cannabis producer, in connection with its US$202-million initial public offering of common shares.

Mergers & Acquisitions

• Tilray, Inc. on its merger with Aphria Inc.
• Tilray, Inc. on its C$419-million acquisition of FHF Holdings Inc. (d.b.a. Manitoba Harvest) from Compass Group Diversified Holdings, LLC and other shareholders of Manitoba Harvest.

Financial Services

• A major Canadian bank on the financing of a licensed producer of medical cannabis, including regulatory landscape, industry risks and financing considerations specific to the cannabis industry.

Licensing

• Seven Leaf Med. in connection with its successful licence application under the ACMPR for its production facility on Akwesasne Mohawk Nation territory.

Marketing & Regulatory

• Various licensed producers of medical cannabis on regulatory matters (including security requirements, pesticides, use of online portals for medical documents, patient registration issues), marketing (including the sale of ancillary products as well as cannabis) and advertising (including use of social media).

• Various clients in the health-care industry on initiatives and programs with patients or physicians, health-care compliance (including interactions with physicians and clinics), clinical trials, privacy, anti-spam, antitrust, as well as consumer complaint, recall and product liability matters.

Restructuring & Insolvency

• The Court-appointed Monitor in the Companies’ Creditors Arrangement Act (CCAA) proceedings of Freedom Cannabis, a cannabis cultivation and packaging company operating out of Alberta.
• The Court-appointed Monitor in the CCAA proceedings of the Galaxie Group, a cannabis processor and packager operating out of Ontario.
• The Court-appointed Monitor in the CCAA proceedings of the Heritage Cannabis Group, a cannabis processor and packager operating throughout North America.
• The secured creditor La Plata Capital in the Mernova Medicinal and Creso Canada CCAA proceedings.
• Tilray Inc. in connection with the CCAA proceedings of 420 Investments Ltd., including successfully opposing 420’s attempt to block Tilray from voting on its plan of arrangementThe board of directors in the Aleafia Health CCAA proceedings.
• ATB Financial, as the pre-filing senior secured lender and interim debtor-in-possession lender, in relation to Invictus MD Strategies Corp., Greener Pastures MD Ltd., and Acreage Pharms Ltd. in their CCAA proceedings.

Dispute Resolution

• A major Canadian cannabis company in connection with investigations into restatements of financial statements and a regulatory settlement with the Ontario Securities Commission which was approved before the Ontario Capital Markets Tribunal
• KPMG LLP in Hrusa v. CannTrust Holdings Inc. et al., a proposed securities class action relating to the restatement of financial disclosures