What is a Simple Agreement for Future Equity or SAFE?

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...

Changes made to the Retail Ontario Cannabis Licensing Regime

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...