Cannabis producers say 'crushing' taxes, fees have made legal industry 'uneconomic'

  • 📰 TheStarPhoenix
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 63%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Producers want the Liberal government to eliminate a 2.3 per cent regulatory fee which alcohol and tobacco industries don\u0027t have to pay.

George Smitherman, president of the Cannabis Council and former deputy premier of Ontario, pointed to the Canopy Growth cuts and the layoffs announced Tuesday by SNDL of 85 people in Olds, Alta., as the “consequences of an administration of fees and taxes, which makes our industry largely unsustainable.”

Smitherman said the federal budget is a chance “to send a message about its commitment to the sustainability of our sector.” The federal government would need to work with provinces and territories to reform the excise tax, but could eliminate the regulatory fee on its own, he said.Article content But four years after cannabis was legalized, the illegal market is still thriving in Canada. The current rules make it very difficult for legacy producers to move into the legal market, the National Post reported in October. Smitherman told reporters that at this point, “we’ve only captured about half of all of the cannabis marketplace in Canada in the legal realm.”Article content

Brodie acknowledged “there was oversupply and overbuilding in the industry, but that was on the basis that more consumers would move into the legal channels.”“It’s very frustrating when you can go and type in ‘weed near me’ and have it delivered very quickly for a quarter or half of the price.”

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 253. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Company hiring a 'cannabis sommelier' for $142K a yearLucky hire to review \u0022the standards of our growers in the sourcing countries of Australia, Canada, Portugal, Macedonia and Denmark\u0022
출처: TheStarPhoenix - 🏆 253. / 63 더 많은 것을 읽으십시오 »