Jonathan Sherman* serves as Executive Co-Chair, is a partner in the Securities Group at Cassels and Chair of the Cannabis Group. Jonathan’s practice focuses on emerging and high-growth industries, including cannabis, technology, natural resources, beverage alcohol, gaming, blockchain, cryptocurrency and psychedelic medicines. In his role as Chair of the firm’s Cannabis Group, Jonathan is at the forefront of many of the largest industry transactions in this evolving sector, providing strategic and legal advice to a range of leading industry players on complex and innovative transactions.
Jonathan acts for a wide variety of domestic and international companies and investment banks. With corporate clients ranging from start-ups to multibillion-dollar businesses, Jonathan’s practice focuses on mergers and acquisitions (public and private acquisitions, business combinations, joint ventures, go-public transactions and strategic collaborations) and corporate finance transactions (public offerings, venture capital, private equity offerings and debt financing transactions).
Whether strategically guiding clients through M&A, or helping emerging start-ups secure investments, Jonathan has become a trusted advisor to many. In addition, he has played a central role on several of the largest transactions completed to-date in the cannabis industry. He acts for industry-leader Canopy Growth on corporate, commercial, securities and M&A matters, including numerous M&A transactions valued at over $5 billion; a $600 million offering of senior convertible unsecured notes, a US$1.25 billion senior secured debt financing and various innovative cross-border transactions to facilitate Canopy Growth’s conditional exposure to the United States cannabis market in advance of federal legalization.
*Services provided through a Professional Corporation
