Articles

Recreational Cannabis on Bay Street: New Legislation, New Opportunities

Posted By: Karen Fisman

I recently attended a seminar at Torys, one of Canada’s leading law firms.  The room was packed with men and women in blue suits (actually, mostly men).  Bankers from the big five were at nearby tables.  And the focus of the seminar was…Recreational Cannabis.

With the release of the draft Cannabis Act (Bill C-45) on April 13, opportunities in the sector are scaling, and with them, support from top tier Canadian law firms like Torys and Blakes (who will be holding their own Cannabis Round Table on May 2).  In this week’s article, we share some of the insights gleaned from the Torys seminar – insights that are not apparent on a straightforward reading of the draft legislation.  

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