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Knowledge Your Central Repository for the Latest Legal News, Legal Briefings and Updates.

Author: Sukhi Hansra

Legal Guide

The Green Exodus: How to Take Advantage of the Coming Wave of Failed Retail Cannabis Stores in Ontario

Alongside the rapid growth of legal cannabis in Canada, Ontario has seen a surge in retail cannabis stores.

While the cannabis market’s growth would have left some ruing missed chances to get in early, teething problems and the impact of COVID are presenting new and potentially profitable prospects.

If you’re considering entering the cannabis market, now might be the time for a well-considered bullish stance. This article details why this may be an excellent time to buy an Ontario cannabis business and the legal factors to consider in achieving this objective.

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Legal Guide

You’re About to Launch Your Business – What’s Your Exit Plan? 

An exit plan helps entrepreneurs establish their priorities, and make smart business decisions with a clear goal in mind. But keep in mind, your exit strategy can change as you grow, and as your business grows.

If you take on a business partner or an investor, they’ll have an exit plan that will need to align with yours. Otherwise, you might run into decision making problems, as you and your partner are aiming for different end goals.

Think of it this way – imagine if you and your husband or wife are individually planning a vacation, but both of you haven’t yet discussed your plans with the other. You were hoping to surprise your significant other with a tropical trip to the Bahamas or Jamaica, while your significant other was eagerly planning a historical trip across Europe. While you were out buying swim shorts and snorkeling gear, your partner was gingerly comparing lightweight travel backpacks so that you can each pack light.

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Legal Guide

5 Reasons Why You Should Expand Your US Business to Toronto

According to a new study, 57% of American businesses are considering expanding to Canada.

If your U.S. business wants to expand, you should give this link a good read as to why Toronto’s high-living standard, diverse workforce and strong GDP are just some of the good reasons why you should move your U.S. business to Toronto.

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News Article

The Impact of the Elimination of Canadian Residency Requirements for Ontario Directors

Since originally writing this blog post originally, we’ve helped countless individuals and business owners located all across the world with strategizing the best ways to open a new company in Canada. From setting up a company in Ontario to ensuring you’ve got the most tax efficient setup possible – there’s a ton of great strategies that we can help implement if you’re located internationally and want to open a company in Ontario.

If you want to learn more, you can contact us by visiting our website or calling us at (416) 580-0345.

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Legal Briefing

Is Your SaaS Startup Idea Legal?

Toronto Business and Technology Lawyer Sukhi Hansra compiled a list of questions to help determine if your SaaS startup idea is legal, and other important

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About 20% of small businesses in Canada fail within their very first year. But it doesn’t have to be that way if you have the right business and legal guidance.