Jonathan Sherman


 | Toronto

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 Co-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

  • Best Lawyers in Canada (Cannabis)
  • Chambers Canada (Cannabis)
  • Global Top 200 Cannabis Lawyers Directory
  • IFLR1000 (Capital Markets, M&A)
  • Legal500 Canada (Cannabis) (Hall of Fame)
  • “Jonathan is wonderful to work with – very collaborative, sensitive to commercial issues and a real problem solver.”- Chambers Canada (Cannabis)
  • “The best lawyer I have ever worked with by a long way.” – Chambers Canada (Cannabis)
  • “Very pragmatic, smart, knowledgeable, and efficient in his advice.” – Chambers Canada (Cannabis)
  • “Great understanding of the business realities that help deals get done.” – Chambers Canada (Cannabis)
  • “He is extremely well-connected in the cannabis industry specifically, which is a great advantage to our business.” – Chambers Canada (Cannabis)
  • “Earns high praise for his involvement in the cannabis sector, ‘with this expertise at hand, the business end of things then takes care of itself.’” – Chambers Canada (Cannabis)
  • J.D., Osgoode Hall Law School
  • B.Com., McGill University
  • Ontario, 2015
  • Ontario Bar Association