Canada’s move towards legalization of cannabis in 2018 makes it uniquely positioned, relative to the United States, to be at the forefront of cannabis commerce and a leader in attracting investment in its industry. Currently, most equity capital for cannabis businesses is being raised by boutique investment banks. While initially investors in the cannabis industry included individuals and some small venture capital and private equity funds, larger established funds have recently begun to turn their attention towards the industry. In a PE Hub Canada feature article, Torys LLP's Michael Akkawi, Allison Hennick, Sarah Carter and Owen Payne closely examine the issues investors must consider to become an early mover in the “green rush.”
