
Publication
Venture capital and private equity financing: Down round decoded
In today’s volatile market, many startups face the prospect of a down round – a fundraising round at a lower valuation than in prior rounds.
Global | Publication | October 2018
On 18 September 2018 the Constitutional Court ruled that the private cultivation and private consumption of cannabis by consenting adults is not a criminal offence and directed Parliament to amend the relevant legislation within 24 months. Many employers have subsequently found that this judgment has resulted in an increase of incidents of possession and use of cannabis in the workplace.
Whilst Parliament may take another two years to regulate the private use of cannabis, employers can act if necessary to avoid occupational health and safety concerns. Action that can be taken includes:
Contact our Employment and Labour Team if you need any help to manage the effect of this judgment on your workplace.
Publication
In today’s volatile market, many startups face the prospect of a down round – a fundraising round at a lower valuation than in prior rounds.
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