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02:28 AM
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Subject
Canadian Government Moves To Increase Taxes On Cannabis Products
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[quote:Anonymous Coward 76670987:MV80MDAyNzMxXzcyNDUyNTI3X0MyMzYwOUY3] Here, in Hamilton Ontario, we have things a bit better off. We have and will continue to support our private dispensaries. There keep shutting them down, but public demand allows them to reopen several days later, or even the evening after the closure. If you support the dispensaries they can afford to stay open and just pay the fines off. The police must do days and days of jumping through hoops to get a warrant. The cops remember the decades of dudes on every downtown corner selling dope, the murders and robberies all related to selling cannibus. They know private dispensaries are the way to go if they want to see a reduction in crime. [/quote]
Original Message
– But Not All
[
link to ca.investing.com (secure)
]
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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