A new report presented at a recent industry lobbying event is highlighting the high level of taxation and markup on cannabis products in Ontario, and Canada as a whole.
taxes
California cannabis producers call for lower taxes
Several large cannabis companies in California say their industry is on the verge of collapse due to high taxes and a lack of retail stores.
Manitoba munis, others calling for their share of provincial cannabis excise taxes
The Association of Manitoba Municipalities recently released a position paper that, along with two other economic priorities, calls on the province to share 25% of its cannabis tax revenue with its municipalities.
Health Canada’s Cost Recovery and Fees Unit is updating its annual licensing fees for cannabis producers
In a notice sent out to stakeholders today, the federal regulator informed all cannabis licence holders of the annual fee changes as well as upcoming due dates for the fiscal year 2020-2021.