Desperate pot industry players worry they won't survive wait as Ottawa reviews Cannabis Act

TORONTO — When Canada legalized recreational cannabis in 2018, there were still many unknown implications for health care, industry and the country at large. So the government made a promise: after three years, it would review the law to ensure its policies worked.

Members of Smitherman’s council were among the 500 people from 200 organizations, who spoke to the five Cannabis Act review panelists about the law’s successes and failures. The taxes amount to the higher of $1 per gram or a 10 per cent per gram fee for dried and fresh cannabis, plants and seeds. The duty is set at one cent per milligram of the active ingredient tetrahydrocannabinol, or THC, for edibles, extracts and topicals.“Originally, the government thought you’re going to be able to sell a gram of cannabis for $10, so a 10 per cent tax rate would be a dollar a gram,” she said.

Other retailers told the government panel they want to be able to label products that come from a family-run company, are made with organic ingredients or are sun-grown. Some say they should to be able to promote pot as freely as tobacco or alcohol companies market their products. They’re being cautious in part because the Canadian Institute for Health Information has said cannabis-related emergency department visits and hospitalizations both increased 14 per cent between 2019 and 2021.

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Government review of Cannabis Act drags despite 'sense of urgency' from pot industryTORONTO — When Canada legalized recreational cannabis in 2018, there were still many unknown implications for healthcare, industry and the country at large. ...
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

Government review of Cannabis Act drags despite 'sense of urgency' from pot industryTORONTO — When Canada legalized recreational cannabis in 2018, there were still many unknown implications for healthcare, industry and the country at large.
مصدر: SooToday - 🏆 8. / 85 اقرأ أكثر »

Government review of Cannabis Act drags despite ‘sense of urgency’ from marijuana industryCannabis stakeholders are preparing to mark the fifth anniversary of recreational pot legalization Tuesday and worry the longer they wait for regulatory change, the more the industry will struggle
مصدر: globeandmail - 🏆 5. / 92 اقرأ أكثر »

Pot industry calls for greater urgency in review of Cannabis ActAs the fifth anniversary of recreational pot legalization approaches, cannabis stakeholders worry the longer they wait for regulatory change, the more the industry will struggle.
مصدر: GlobalCalgary - 🏆 50. / 61 اقرأ أكثر »

Government review of Cannabis Act drags despite 'sense of urgency' from pot industryWhen Canada legalized recreational cannabis in 2018, there were still many unknown implications for health care and the country at large.
مصدر: TheTorontoSun - 🏆 23. / 68 اقرأ أكثر »