Prairie cannabis stores looking for Cannabis Act review to enable greater competitiveness with illicit market | Globalnews.ca

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Prairie cannabis stores looking for Cannabis Act review to enable greater competitiveness with illicit market

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“It’s accounts for around 11 billion in retail sales and right now over 90,000 jobs, which I think is pretty significant. And we need to do what we can just to make sure we’re nurturing that growth of the sector in Canada,” Michell said. “The promised tax was a 10% tax on cannabis products. But in many, many cases, we’re having taxes that are in the 30- 35 per cent range,” he said.

Michell said that the recommendation is one store per 10,000 population so for Regina with around 250,000 people that comes down to 25 stores.

 

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Oh but weren't we told the 'illicit' market would be eliminated due to better pricing and quality? oopsie

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