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Employee premium contributions are considered ERISA plan assets, although the Department of Labors longstanding position is that these amounts do not have to be held in trust or otherwise segregated from the plan sponsors general assets, even if the plan is self-insured.[iii] These funds still must be used to pay benefits or reasonable plan administration expenses, but this typically is not an issue because the amount of claims that are also being paid from the plan sponsors general assets usually will exceed the amount of premium contributions being collected from employees

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Hamajima N, Hirose K, Tajima K, Rohan T, Calle EE, Heath CW, et al

Anyone who fails to comply with the regulations will be liable to confiscation and possible fines

In November 2023, the Group announced the signing of an agreement for a further proposed investment in Organigram of CAD$125 million (74 million), payable across three tranches, with approvals received from the shareholders of Organigram on 18 January 2024

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