What is the difference in substance between a bank loan and a shareholder loan? Very little, apart from the bank taking the time to document the loan and its security. We always advise Shareholders to treat their corporate advances as real loans, which means they should be documented with scheduled repayment terms, reasonab
Happy Legalization, Canada!
We are regularly asked to comment on forward looking capital structures of young or start-up companies in the Cannabis industry. A primary concern is founder dilution.