by Ray Luckiram | Jan 23, 2020
In the U.S., stablecoins may be regulated by two bills recently proposed by members of Congress. The first bill, “Stablecoins are Securities Act of 2019,” aims to classify “managed stablecoins” as securities. The second bill, which is still untitled, could limit...
by Ray Luckiram | Jan 7, 2020
Co-Authored by: Artem Kobzev * This article only deals with US corporations and is not applicable to US individuals An unlimited liability corporation (“ULC”) is a unique corporate structure in which shareholders may incur personal liability for debts and liabilities...
by Ray Luckiram | May 22, 2019
A Simple Agreement for Future Equity (SAFE) is a financing contract used by start-ups and investors where operating capital is exchanged for the right to acquire equity at a future time or event, such as the closing of an equity financing round, an M&A transaction...
by Ray Luckiram | Dec 16, 2018
On December 13, 2018, the Government of Ontario announced changes to the retail licensing scheme of cannabis. The government will issue 25 licenses to retail outlets. The changes come three days before the portal for applications was set to be open. The government...
by Ray Luckiram | Dec 10, 2018
Over the next few weeks, the Alcohol and Gaming Commission of Ontario (“AGCO”) will be updating its online Cannabis Retail Regulation Guide (“Cannabis Guide”). The Cannabis Guide will be continually updated as information becomes available on the application process...
