A View from the North: Canada’s Experience with Legalised Cannabis
By Michelle Grant, Senior Vice President, PricewaterhouseCoopers Inc. & Lance Williams, Partner, McCarthy Tétrault LLP
Canada is the first G7 nation to federally legalise the use of cannabis for both medical and recreational use, and can be considered the world leader in a global trend of deregulation. Starting in 2001, authorized medical patients were legally able to access cannabis through the Medical...
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Lance Williams is a partner with McCarthy Tétrault LLP, based in Vancouver, British Columbia, where he specialises in corporate restructuring and insolvency matters. He is frequently involved in complex corporate restructurings, acting for debtors, creditors, investors, bondholders, and court-officers. As a member of the bars of British Columbia, Alberta, Saskatchewan, and Yukon, his practice spans multiple jurisdictions. Williams’s recent mandates cover a number of industries, including a number of cannabis companies.
Michelle Grant is a senior vice president with PricewaterhouseCoopers Inc., based in Vancouver, British Columbia. She has 20 years of experience providing corporate restructuring advisory and distressed M&A services. Her engagements include turnaround advisory, viability assessments, business reviews, and formal insolvency proceedings. She has acted as court-appointed monitor, information officer, receiver, and bankruptcy trustee. She is often engaged as advisor to lenders, debtors, bondholders, and shareholders. Grant’s practice spans various industries, including cannabis.
