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DLA Piper (Canada) LLP possesses a strong track record in advising cannabis companies on corporate and capital markets transactions, with Acreage Holdings, Trulieve Cannabis Corp and Tilray among its representative clients. Alongside its work for licenced producers, the team also acts for investors, dealers and lenders, among other stakeholders. The department is driven out of Toronto by Robert Fonn, who specializes in corporate finance and M&A. The group also includes Canadian capital markets co-chair Derek Sigel and corporate finance and M&A partner Russel Drew.

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Key clients

  • Trulieve Cannabis Corp
  • Tilray (and, prior to its acquisition by Tilray, Aphria)
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Work highlights

  • Advised Tilray Brands on its acquisition of all of the ‎issued and outstanding shares of HEXO Corp pursuant to a plan of ‎arrangement under the Business Corporations Act (Ontario).
  • Advised Acreage on a series of corporate matters, including a call option to acquire all of the issued and outstanding Class E subordinate voting ‎shares in accordance with the arrangement agreement between Acreage and Canopy Growth Corporation.
Abbreviated data is displayed for this firm.