Canadian Securities Regulators Publish Guidance On Disclosure Expectations For Cannabis Issuers


Thursday, October 11, 2018   08:15AM  / The Canadian Securities Administrators


The Canadian Securities Administrators (CSA) today published Staff Notice 51-357 Staff Review of Reporting Issuers in the Cannabis Industry, which summarizes CSA staff’s review of 70 reporting issuers’ (issuers) continuous disclosure, and highlights common deficiencies and best practices.


“Given the significant growth and interest in the cannabis industry, it is imperative that investors be provided with transparent information about issuers’ financial performance and risks related to their operations,” said Louis Morisset, CSA Chair and President and CEO of the Autorité des marchés financiers.


“Our review shows that the quality of disclosure in this area needs to be enhanced, and we encourage cannabis issuers to use this publication as a guide to make improvements.”


The CSA will continue to monitor and assess disclosure practices in the cannabis industry in its continuous disclosure and prospectus review programs.


The notice can be found on CSA members’ websites.


The CSA, the council of the securities regulators of Canada’s provinces and territories, co-ordinates and harmonizes regulation for the Canadian capital markets.



Proshare Nigeria Pvt. Ltd.



Related News

1.       UK To Review Medicinal Cannabis Use, Canadian Legalizes Recreational Use  June 20, 2018

2.      Canada becomes second country to legalise cannabis use | World ...  Guardian

3.      Drug Tale From 2012 To 2016  May 07, 2018

4.      The Silent Drug Epidemic: A Gathering Storm  Proshare Confidential, May 04, 2018

5.      309,713kg of Drug Seized in 2017 - NBS Apr 16, 2018

6.      Canadian Exchange Enjoys Record Year as Cannabis, Tech Fuel Growth In Financings and Trading  Jan 20, 2018

7.      The Dawn Of Medical Marijuana In Israel  Feb 13, 2017

8.     Nigerian Senate to Partner PSN to Combat Drug Abuse

9.      2,287 Drug Abuse Convictions Secured in 2016 - NBS

10.  Boosting Farm Productivity in Africa Through the Sustainable Use of Machines

11.   Untapped Potential of Oil Palm

12.  Average Price of 1kg of Rice Decreased by 2.43% MoM to N375.02 in August 2018 - NBS

13.  Agri-Business Markets And Issues: Lessons Learned And A Path Forward - CFTC

14.  NSE and Corporate Farmers Partners for a Training on Financing the Agricultural Value Chain

15.   Average Price of 1kg of Yam Tuber Decreased by 1.75% MoM to N280.83 in July 2018 - NBS

16.  The Weak Links In The Agricultural Narrative

17.   Average Price of 1kg of Yam Tuber Increased MoM by 4.93% to N305.70 - NBS

18.  Dangote Set To Boost Local Tomato Production In Nigeria

19.  Olam Hatcheries and Ceva Santé Animale Sign MoU To Further Develop Poultry Production in Nigeria

20. Average Prices of 1kg of Tomato Increased MoM by 6.10% to N307.14 in May 2018 - NBS


Related News