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05:29 AM
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Subject
Canadian Government Moves To Increase Taxes On Cannabis Products
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In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:KLOWN:MV80MDAyNzMxXzcyNDUyMTU2X0ZENzkwNzdB] [quote:Epic Beard Guy:MV80MDAyNzMxXzcyNDUyMTE5XzlBQURGRUY=] Why do you think pot is being legalized? Did you think any government gives a shit what you want? It's all about the money. It's always about the money. [/quote] well of course and we all knew that but the fuck ups are only helping the underground market of it something they wanted to stop they are only helping it grow [/quote]
Original Message
– But Not All
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link to ca.investing.com (secure)
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Wow, our weed is about to become more expensive than it already is.
Currently, our weed taxes are:
10% Cannabis Tax + local, provincial and federal... ~13%
May 1, 2019, they want to include a $0.01/mg of THC.
So a cheap $10 gram of weed (the good stuff is 12-15)
$10 + 10% = 11
20% THC (0.01 x 200)= 2
11 + 2 = 13
13 + 13% =
$14.69
for 1 $10gr of weed.
Wow, that is a 46% tax from the base price.
And they want to get rid of the grey/black market??? Hahahaha.
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