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Canadian Government Moves To Increase Taxes On Cannabis Products
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[quote:Anonymous Coward 30776013:MV80MDAyNzMxXzcyNDU0NTcwXzQ0RTM3Q0Q=] I told you morons that thought legalizing pot was a good idea that this would happen. Gets rid of mom and pop grower down the block and brings in big money and big taxes on product. How many of you morons voted for Trudeau just on this one stupid issue. Fucking stupid. Should have just decriminalized and let ppl smoke/grow if they want. You get what you deserve. [/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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