Zachary Kobrin has been watching the Canadian cannabis landscape for some time now and is preparing to navigate its securities landscape as the Florida-based medical marijuana company he represents prepares to go public on this side of the border.
“I am not a securities lawyer; I don’t pretend to be a securities lawyer. I have fantastic securities lawyers on both sides of the border,” said Kobrin, who is general counsel and chief compliance officer at Cansortium Holdings/Knox Medical based in Miami.
Cansortium has plans to expand into Canada and is working on an initial public offering. The company has applied to Health Canada to be a licensed dealer and its Canadian facility will be in Grimsby, Ont. According to its preliminary prospectus filed Oct. 30, once Cansortium has its licence, it intends to apply for sales and export licenses.