Stikeman Elliott lawyers recognized in Lexpert’s Special Edition on Cannabis and Agribusiness

June 12, 2020

Stikeman Elliott is proud to announce that the firm has nine recognized lawyers in Lexpert’s first ever Special Edition on Cannabis and Agribusiness. This special edition highlights Canada’s leading Lexpert-ranked lawyers who represent clients in the two rapidly expanding sectors.

Stewart Sutcliffe, Head of the Private Equity and Private Mergers & Acquisitions Groups in Toronto, was also featured in an article about growth in the agribusiness and cannabis sectors in the wake of the pandemic: “None of us know what this will look like”, he stated. “How growth develops in agribusiness and cannabis alike depends on how the exit from COVID goes. Will other governments be more protectionist in the wake of this? It’s wait and see for now.”

“The challenges will be greatest for smaller or more local businesses.” According to Stewart, cash prevention is paramount especially for those businesses, adding “whether it’s strategic partners, whether it’s joint ventures or trying to access public markets or, frankly, rely on their relationships with their existing bank, I think each of those businesses that aren’t already well capitalized are going to have to take that as it comes.”

As for what we can expect for the cannabis and agriculture industries going forward, “it’s a tough time to talk about trends because, in the short term, it’s just such a unique situation. Is it a medium-term or a long-term issue? I guess we’re all going to find out”, Stewart concluded.

Stikeman Elliott’s Cannabis lawyers deliver clients with strategic advice on complex acquisitions and regulatory matters. Recognized by Bloomberg as the only Canadian law firm in the top three Legal Advisors in Global Cannabis deals in 2019, Stikeman Elliott has been involved in many of the recent wave of cannabis industry transactions across the world.

Our Agribusiness experts counsel some of the industry’s largest companies and their work was recently recognized in the Chambers Canada 2020 guide. They consistently provide clients with workable solutions to help them manoeuvre complex issues in the highly regulated sector.

Stikeman Elliott was also featured in seven of the most significant recent cannabis and agribusiness deals in the magazine’s Big Deals section.