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Canadian Cannabis Companies Could See Valuations Soar By Up To 300% With Tax Reform, New Report Shows
Tuesday, March 26, 2024 - 9:36am | 745According to a recent official report, the Canadian government is considering revising the excise tax framework established in 2018 for the cannabis industry. Originally designed to collect taxes amounting to approximately 10% of the industry's gross revenues, the reality has been...
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Cannabis & Burdensome Excise Tax: Canadian Operators Urge Changes As Pot Prices Drop
Monday, June 13, 2022 - 8:34am | 612Canadian cannabis operators are urging lawmakers to amend current excise taxes as weed prices drop. With the decline of marijuana prices, the flat-fee tax structure is disadvantageous, to say the least, reported The Globe and Mail. According to marijuana business leaders,...