Cannabis organizations require rapid, client-focused advice to help set-up, staff and capitalize on the business opportunities presented by the legalization of cannabis. Since Bill C-45 was first tabled, Field Law has been involved in readying organizations for compliance and positioning them for success. Combining industry knowledge with deep experience in business, employment and intellectual property law, we are here to help you grow your business and succeed in this budding field.
Raising money is a demanding and necessary requirement for a growing cannabis business. Whether it is preparing for your initial public offering (IPO) on a Canadian stock exchange, or raising cash to build out your production facility, Field Law provides timely client-focused advice to help clients capitalize on their budding business opportunities. We regularly advise bidders and target companies (including boards of directors and special committees) on how to best navigate complex merger and acquisition transactions. We assist clients in choosing appropriate financing techniques, negotiating commercial terms and designing and structuring transactions that meet specific business needs. We will work collaboratively with your external service providers to ensure that your tax and accounting needs are met.
Setting up your Corporate Structure
Setting up your corporate structure in an efficient and effective manner now can save you money in the future. Whether it is drafting a joint venture or streaming agreement or setting up your organization to allow for efficient tax planning, it is important to have business-oriented experienced lawyers that will collaborate with you to develop and execute on your growth business strategy.
Obtaining a license to grow or a license to sell is a critical moment in any cannabis business. Our team has experience navigating the Cannabis Act regulations and application guidelines to help you obtain your cannabis license. We work to help you succeeded in your application within the fastest possible timeline and provide services with respect to:
- Cultivation licenses (standard and micro-cultivation)
- Nursery licenses
- Processing licenses (standard and micro-processing)
- Cannabis sale for medical purposes
- Retail cannabis licences
Protecting your Brand
New legislation often leads to innovation in the marketplace, so a practical, cost-effective intellectual property (IP) strategy is crucial to achieving the goals of your business. It is important to have experienced lawyers that will collaborate with you to develop and implement your strategy, through the registration of IP rights, commercialization, enforcement, and protection of your IP in the jurisdictions where you need it.
Field Law is ready to help navigate the challenging aspects of cannabis law as it applies to Intellectual Property + Technology.
The complexity and uniqueness of the real estate market, especially in Alberta, requires a collaborative, goal-oriented approach to projects. With various options available such as direct ownership, co-ownership and partnerships there is a lot to consider when it comes to structuring the ownership of your cannabis store or manufacturing facility.
A development permit is required for all new cannabis stores. When a permit is refused, the decision can be appealed in front of the Subdivision Development and Appeal Board (Appeal Board). While the process is designed to be simpler than appearing before a court of law, it is worth investing in working with a lawyer who understands the zoning and bylaw requirements and can represent your best interests before the Appeal Board. The team at Field Law works with a number of cannabis retailers and licensed producers in Alberta to assist with their development permit, zoning, and planning law needs.
The team at Field overturned a refusal of a cannabis store development permit in front of the Appeal Board. In doing so, they were able to get a relaxation of approximately 45m of the Land Use Bylaw’s required 300m separation distance between cannabis stores. In addition, our cannabis team has successfully defended the appeal of an approved cannabis store permit.
Field Law develops tailored solutions for organizational, policy and other issues that impact your business and workforce following the legalization of cannabis. We understand how the federal and provincial laws may impact your business and can help you prepare for the impending changes that the legislation could have on your workforce and workplace safety. We offer training on how to deal effectively and legally with cannabis use by employees, whether off duty or on duty and whether medical or recreational, through our completely customizable workshops, seminars and lunch and learn sessions. We also provide contract and policy creation and review in order to ensure that you promote a fit for work culture and ensure safety in the workplace to the fullest extent.