$Canopy Growth Corp (WEED.CA)$ Top issue in Canadian cannabi...
Top issue in Canadian cannabis
Canada’s cannabis excise-tax structure is regularly cited as the top issue facing licensed cannabis producers.
The excise tax is levied before cannabis products reach consumers, who also pay sales taxes upon purchase.
Cannabis flower and pre-rolls are taxed at either a flat rate of 1 Canadian dollar (CA$0.72) per gram or 10% of the gram’s wholesale price, whichever is greater.
Canada’s cannabis excise-tax structure is regularly cited as the top issue facing licensed cannabis producers.
The excise tax is levied before cannabis products reach consumers, who also pay sales taxes upon purchase.
Cannabis flower and pre-rolls are taxed at either a flat rate of 1 Canadian dollar (CA$0.72) per gram or 10% of the gram’s wholesale price, whichever is greater.
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