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’
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
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. ...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
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.
Source: SooToday - 🏆 8. / 85 Read more »
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.
Source: calgarysun - 🏆 63. / 52 Read more »
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
Source: globeandmail - 🏆 5. / 92 Read more »
Razzle-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.
Source: financialpost - 🏆 7. / 85 Read more »
Razzle-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.
Source: fpinvesting - 🏆 43. / 63 Read more »