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Subject Canadian Government Moves To Increase Taxes On Cannabis Products

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[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.

Pictures (click to insert)





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