Today marks the beginning of a brand new economic landscape for Canada’s cannabis producers. While formerly only the medical market was legal, the legalization of recreational cannabis will equate to big business for the Licensed Producers (LPs) who are prepared to grow and sell their crops in this yet uncharted territory. But while the government ….
In our earlier blog, Top 10 reasons why cannabis companies need accounting leadership – we outlined that cannabis companies need help in areas of governance and financial reporting. This point is now more relevant than ever because on October 10, the Canadian Securities Administrators (“CSA”), a national association of the provincial securities regulators, released the results ….
Finding a suitable office space is one of the major decisions all technology and startup companies need to make during their initial stages of its growth. As commercial lease terms are typically 3 – 10 years, this decision can have long-term consequences. Today, Zeifmans’ Real Estate Team will be reviewing our top 4 tips for ….
From Alexander Graham Bell to the Canadarm, Canada has long been a hub for tech innovation. And within our country in recent years, few regions can rival the tech activity of the GTA. Big names like Google, LG and Samsung have all begun to looking to our city for future expansion. Uber recently made an ….
Big changes have been taking place in the Canadian cannabis market and among them is a significant increase in M&A activity. Within the first six months of 2018 alone, 48 deals took place, representing a total value of CAD$5.2 billion. It stands to reason, with recreational legalization on the horizon and Canadian cannabis stocks skyrocketing ….
So you finally closed that big real estate deal and are left with significant funds in your corporation. You have now moved onto to evaluating various investment options, looking at a place to invest your funds or perhaps you may even have large personal financial commitments. In this post, we will briefly explore a few ….
As discussed in an earlier blog post, Dealing with Canadian real estate owned by a non-resident? Know the process to ensure you avoid costly errors, when one purchases real estate from a non-resident of Canada, they are required by law to withhold 25% of the purchase price and remit it to the Canada Revenue Agency ….
In Part 2 of this series, we continue to examine the biggest accounting challenges for cannabis companies, and the ways in which guidance from accounting professionals can help. It’s a positive problem: A start-up grows so quickly it’s crucial that they develop a proper accounting and corporate structure early on. But without early intervention from ….
As many cannabis companies across the globe prepare for a public offering, or for purchase by a public company, the nascent industry’s accounting challenges are beginning to present themselves in numbers. In this two-part series, we’re taking a look at the biggest ways in which cannabis companies can benefit from accounting guidance. Although research around ….
Cryptocurrencies has developed into a sizzling topic over the last 2 years. Trending digital currencies such as Bitcoin and Ethereum have increased in value resulting in significant market capitalization, transactional use and legitimacy. With the rise of cryptocurrencies, regulators and taxation authorities have taken notice. Here are the key tax questions and answers, investors and ….