Pot industry calls for greater urgency in review of Cannabis Act

  • 📰 GlobalCalgary
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 61%

Italia Notizia Notizia

Pot industry calls for greater urgency in review of Cannabis Act
Italia Ultime Notizie,Italia Notizie

As the fifth anniversary of recreational pot legalization approaches, cannabis stakeholders worry the longer they wait for regulatory change, the more the industry will struggle.

When Canada legalized recreational cannabis in 2018, there were still many unknown implications for healthcare, 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.

All of these factors are reasons why Smitherman, once Ontario’s deputy premier and a former high-profile mayoral candidate in Toronto, tells people the cannabis industry is “not for the faint of heart.” “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.“Now we’re selling product at $4 or at $3, not $10, and as a result, the tax rate is in the 30 to 40 per cent range,” Goldenberg 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.At Israel kibbutz, Hamas killed elders in street in act of ‘humiliation’

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

GlobalCalgary /  🏆 50. in İT
 

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Government review of Cannabis Act drags despite 'sense of urgency' from pot industryGovernment 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. ...
Fonte: YahooFinanceCA - 🏆 47. / 63 Leggi di più »

Government review of Cannabis Act drags despite 'sense of urgency' from pot industryGovernment 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.
Fonte: SooToday - 🏆 8. / 85 Leggi di più »

Government review of Cannabis Act drags despite 'sense of urgency' from pot industryGovernment 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.
Fonte: calgarysun - 🏆 63. / 52 Leggi di più »

Government review of Cannabis Act drags despite ‘sense of urgency’ from marijuana industryGovernment 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
Fonte: globeandmail - 🏆 5. / 92 Leggi di più »

Razzle-dazzle days long gone as pot industry faces downturn five years post-legalizationRazzle-dazzle days long gone as pot industry faces downturn five years post-legalizationCannabis legalization has fallen well short of expectations making the heady days for the once high-flying sector a distant memory. Read on.
Fonte: financialpost - 🏆 7. / 85 Leggi di più »

Razzle-dazzle days long gone as pot industry faces downturn five years post-legalizationRazzle-dazzle days long gone as pot industry faces downturn five years post-legalizationCannabis legalization has fallen well short of expectations making the heady days for the once high-flying sector a distant memory. Read on.
Fonte: fpinvesting - 🏆 43. / 63 Leggi di più »