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Canadian Government Moves To Increase Taxes On Cannabis Products

 
Mr. Canna
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03/20/2019 12:15 PM
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Canadian Government Moves To Increase Taxes On Cannabis Products
– 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.
Grow Your Own
KLOWN

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03/20/2019 12:17 PM

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Re: Canadian Government Moves To Increase Taxes On Cannabis Products
of course but on amount of THC

really really wtf
Mr. Canna  (OP)

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03/20/2019 12:18 PM
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Re: Canadian Government Moves To Increase Taxes On Cannabis Products
of course but on amount of THC

really really wtf
 Quoting: KLOWN

Right? 1dunno1
Grow Your Own
KLOWN

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03/20/2019 12:29 PM

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Re: Canadian Government Moves To Increase Taxes On Cannabis Products
they just made the price on the street go up

the black market for weed in Canada will never die

the government greed will make sure of that

altcdnflag
KLOWN

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03/20/2019 12:35 PM

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Re: Canadian Government Moves To Increase Taxes On Cannabis Products
and beginning in May, all cannabis oils, edibles and concentrates or extracts will be taxed according to how much tetrahydrocannabinol, or THC, they contain.


so how much is a gram of shatter/oil going to be now

might have to stock up on butane and iso
Jake

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03/20/2019 12:35 PM
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Re: Canadian Government Moves To Increase Taxes On Cannabis Products
ah now you know why the government is legalizing it.


keep the population stupid and complacent and the tax

bins full of cash
Revelation 18:23
For they were great men of the earth, by their Pharmaceuticals were all nations deceived!
Anonymous Coward
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03/20/2019 12:37 PM
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Re: Canadian Government Moves To Increase Taxes On Cannabis Products
only a pot head would think that Trudeau was a good guy to vote for, that decriminalizing pot means you can now grow it in your back yard, that the government isn't going to control the crap out of it and that if you want to buy legal weed that the government won't tax the crap out of it.


HAHA pot heads.
Pot kills brain cells. But I guess that's what the Liberal government was counting on.
KLOWN

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03/20/2019 12:38 PM

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Re: Canadian Government Moves To Increase Taxes On Cannabis Products
ah now you know why the government is legalizing it.


keep the population stupid and complacent and the tax

bins full of cash
 Quoting: Jake


we all knew it was about $$$$$

you think your or my government would ever legalize something to actually help the people

weed does not make you stupid either
Jake

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03/20/2019 12:39 PM
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Re: Canadian Government Moves To Increase Taxes On Cannabis Products
ah now you know why the government is legalizing it.


keep the population stupid and complacent and the tax

bins full of cash
 Quoting: Jake


we all knew it was about $$$$$

you think your or my government would ever legalize something to actually help the people

weed does not make you stupid either
 Quoting: KLOWN


nah just a little lazy... but we are in a fucked up world

at least we are not putting people in prison for pot
Revelation 18:23
For they were great men of the earth, by their Pharmaceuticals were all nations deceived!
Mr. Canna  (OP)

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03/20/2019 12:40 PM
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Re: Canadian Government Moves To Increase Taxes On Cannabis Products
My views on the Fed Gov not getting enough taxes for the past 2 quarters.

1. Supply issues - HC (Health Canada) has a stack of licenses in various stages of review but don't have the organization or manpower (wups, peoplepower...lol) to complete them in a timely manner. Hence, that leads to large producers continually waiting for their licenses to build/grow/process/sell.

2. Retail Stores - Alberta is the only Province that did it right...they provided retail licenses to the private market. Ontario would have kicked A$$ if the liberal gov there (at the time of the new legislation) wanted to control the entire market through their OCS (Ontario Cannabis Stores) and their online portal.

Since the new Conservatives are in now, they are starting to open that market up but as of today, only 25 licenses have been given (via lottery) and they are supposed to open their stores on April 1. In other eastern provinces there are a few stores per province yet some of them have already laid off, reduced employee hours or even store hours due to the lack of supply.

3. International Markets - the current BIG players in the Canadian Cannabis industry understand the tax burdens very well and they are in business to make money. Why sell your product to the gov at i.e. $5/gr wholesale when you can get 7-10/gr wholesale in the international markets. So the BIG guys limit their supply to the Canadian market.
Grow Your Own
Anonymous Coward
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03/20/2019 12:43 PM
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Re: Canadian Government Moves To Increase Taxes On Cannabis Products
My views on the Fed Gov not getting enough taxes for the past 2 quarters.

1. Supply issues - HC (Health Canada) has a stack of licenses in various stages of review but don't have the organization or manpower (wups, peoplepower...lol) to complete them in a timely manner. Hence, that leads to large producers continually waiting for their licenses to build/grow/process/sell.

2. Retail Stores - Alberta is the only Province that did it right...they provided retail licenses to the private market. Ontario would have kicked A$$ if the liberal gov there (at the time of the new legislation) wanted to control the entire market through their OCS (Ontario Cannabis Stores) and their online portal.

Since the new Conservatives are in now, they are starting to open that market up but as of today, only 25 licenses have been given (via lottery) and they are supposed to open their stores on April 1. In other eastern provinces there are a few stores per province yet some of them have already laid off, reduced employee hours or even store hours due to the lack of supply.

3. International Markets - the current BIG players in the Canadian Cannabis industry understand the tax burdens very well and they are in business to make money. Why sell your product to the gov at i.e. $5/gr wholesale when you can get 7-10/gr wholesale in the international markets. So the BIG guys limit their supply to the Canadian market.
 Quoting: Mr. Canna


not enough taxes - are you kidding me?!
First of all - they don't need a reason to raise taxes - they do it because they feel there is too much liquid cash in the bank accounts of the masses.
Second - the cost of implementing the selling of weed, the regulation of it, the inspectors they've hired, the lawyers they've consulted, all of it - is as usual - probably 10 times higher than what they projected.
Canadian government is the mob. They control the gambling, the alcohol and the drugs. Soon they will license the hookers.
KLOWN

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03/20/2019 12:45 PM

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Re: Canadian Government Moves To Increase Taxes On Cannabis Products
My views on the Fed Gov not getting enough taxes for the past 2 quarters.

1. Supply issues - HC (Health Canada) has a stack of licenses in various stages of review but don't have the organization or manpower (wups, peoplepower...lol) to complete them in a timely manner. Hence, that leads to large producers continually waiting for their licenses to build/grow/process/sell.

2. Retail Stores - Alberta is the only Province that did it right...they provided retail licenses to the private market. Ontario would have kicked A$$ if the liberal gov there (at the time of the new legislation) wanted to control the entire market through their OCS (Ontario Cannabis Stores) and their online portal.

Since the new Conservatives are in now, they are starting to open that market up but as of today, only 25 licenses have been given (via lottery) and they are supposed to open their stores on April 1. In other eastern provinces there are a few stores per province yet some of them have already laid off, reduced employee hours or even store hours due to the lack of supply.

3. International Markets - the current BIG players in the Canadian Cannabis industry understand the tax burdens very well and they are in business to make money. Why sell your product to the gov at i.e. $5/gr wholesale when you can get 7-10/gr wholesale in the international markets. So the BIG guys limit their supply to the Canadian market.
 Quoting: Mr. Canna

the small town i live in

no store and wont be the mayor is against it

my home town pot shops EVERY WHERE but not one is legal literally 3 in one building/strip mall
Mr. Canna  (OP)

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03/20/2019 12:50 PM
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Re: Canadian Government Moves To Increase Taxes On Cannabis Products
the small town i live in

no store and wont be the mayor is against it

my home town pot shops EVERY WHERE but not one is legal literally 3 in one building/strip mall
 Quoting: KLOWN


You must be in BC...BC Bud is known around the world ;)

AB here...I unfortunately live in a Condo and 'grow your own' is not allowed here otherwise I would have already had a few crops by now...lol
Grow Your Own
KLOWN

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03/20/2019 12:51 PM

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Re: Canadian Government Moves To Increase Taxes On Cannabis Products
the small town i live in

no store and wont be the mayor is against it

my home town pot shops EVERY WHERE but not one is legal literally 3 in one building/strip mall
 Quoting: KLOWN


You must be in BC...BC Bud is known around the world ;)

AB here...I unfortunately live in a Condo and 'grow your own' is not allowed here otherwise I would have already had a few crops by now...lol
 Quoting: Mr. Canna


lol yup good ole B.C.

getting the garden ready !!!!
Lance Roseman From BC

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03/20/2019 12:52 PM
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Re: Canadian Government Moves To Increase Taxes On Cannabis Products
Pricing per pound of decent kush's and whatnot $17-1800.00 per in the black market/grey market. For unique/rare $19-2300.00 so do the math and don't pay the fricking tax. I should write them and say, I'll enter the 'white' market when you take away sin taxes on smokes and booze. Fuckers.
If you are not busy weaving your own magick, you are trapped in anothers spell.
“It’s time you realized that you have something in you more powerful and miraculous than the things that affect you and make you dance like a puppet.” – Marcus Aurelius
Mr. Canna  (OP)

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03/20/2019 12:56 PM
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Re: Canadian Government Moves To Increase Taxes On Cannabis Products
and beginning in May, all cannabis oils, edibles and concentrates or extracts will be taxed according to how much tetrahydrocannabinol, or THC, they contain.


so how much is a gram of shatter/oil going to be now

might have to stock up on butane and iso
 Quoting: KLOWN


1 gr of weed is 1000mg. So if a strain is 20% THC, that would be 200mg?. For the concentrates...the number skyrockets.

1 gr of concentrate (shatter/oil/dab, etc) usually have very high THC levels (i.e +90%) so a 1gr of concentrate would be 900mg x $0.01 = $9.00 extra...on top of the regular taxes...wholly shyt.
Grow Your Own
Mr. Canna  (OP)

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03/20/2019 01:00 PM
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Re: Canadian Government Moves To Increase Taxes On Cannabis Products
Pricing per pound of decent kush's and whatnot $17-1800.00 per in the black market/grey market. For unique/rare $19-2300.00 so do the math and don't pay the fricking tax. I should write them and say, I'll enter the 'white' market when you take away sin taxes on smokes and booze. Fuckers.
 Quoting: Lance Roseman From BC

1lb of the good stuff for $19-2300...that is 16oz...dam that would last me a full year easy.
Where do I sign up...1rof1

stoner
Grow Your Own
KLOWN

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03/20/2019 01:00 PM

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Re: Canadian Government Moves To Increase Taxes On Cannabis Products
and beginning in May, all cannabis oils, edibles and concentrates or extracts will be taxed according to how much tetrahydrocannabinol, or THC, they contain.


so how much is a gram of shatter/oil going to be now

might have to stock up on butane and iso
 Quoting: KLOWN


1 gr of weed is 1000mg. So if a strain is 20% THC, that would be 200mg?. For the concentrates...the number skyrockets.

1 gr of concentrate (shatter/oil/dab, etc) usually have very high THC levels (i.e +90%) so a 1gr of concentrate would be 900mg x $0.01 = $9.00 extra...on top of the regular taxes...wholly shyt.
 Quoting: Mr. Canna


i see alot of more people turning the normally nice buds into oil/shatter
KLOWN

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03/20/2019 01:03 PM

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Re: Canadian Government Moves To Increase Taxes On Cannabis Products
does any one know what our possession limit is for home we can walk around with 30 grams but what about at home

tried to find the answer but could not
Mr. Canna  (OP)

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03/20/2019 01:06 PM
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Re: Canadian Government Moves To Increase Taxes On Cannabis Products
does any one know what our possession limit is for home we can walk around with 30 grams but what about at home

tried to find the answer but could not
 Quoting: KLOWN

There is no limit to home storage. The only limit is the # of plants (4). So if you're good, and can give your babies a really good veg...4 plants at even 3 crops per year would yield pounds of home grow. thumbs
Grow Your Own
KLOWN

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03/20/2019 01:09 PM

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Re: Canadian Government Moves To Increase Taxes On Cannabis Products
does any one know what our possession limit is for home we can walk around with 30 grams but what about at home

tried to find the answer but could not
 Quoting: KLOWN

There is no limit to home storage. The only limit is the # of plants (4). So if you're good, and can give your babies a really good veg...4 plants at even 3 crops per year would yield pounds of home grow. thumbs
 Quoting: Mr. Canna


awesome thanks

ya they grow so quick in veg to

well the ones i am helping with i dont see them for a few days maybe even a week and WOW
KLOWN

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03/20/2019 01:37 PM

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Re: Canadian Government Moves To Increase Taxes On Cannabis Products
gonna give this a bump back to first page

bump
Epic Beard Guy

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03/20/2019 01:40 PM
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Re: Canadian Government Moves To Increase Taxes On Cannabis Products
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.
Hope for the best, but prepare for the worst.
"America is at that awkward stage. It's too late to work within the system, but too early to shoot the bastards." -- Claire Wolfe
KLOWN

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03/20/2019 01:43 PM

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Re: Canadian Government Moves To Increase Taxes On Cannabis Products
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.
 Quoting: Epic Beard Guy


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
Mr. Canna  (OP)

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03/20/2019 01:46 PM
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Re: Canadian Government Moves To Increase Taxes On Cannabis Products
gonna give this a bump back to first page
bump
 Quoting: KLOWN

Thanks bud thumbs
Grow Your Own
KLOWN

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03/20/2019 01:47 PM

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Re: Canadian Government Moves To Increase Taxes On Cannabis Products
gonna give this a bump back to first page
bump
 Quoting: KLOWN

Thanks bud thumbs
 Quoting: Mr. Canna


you are very welcome

this is some important stuff

not to all but to many

and it just further shows how corrupt and fucked our governments are
Mr. Canna  (OP)

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03/20/2019 01:47 PM
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Re: Canadian Government Moves To Increase Taxes On Cannabis Products
Just found an interesting article on the the use of Cannabis vs Pharmaceuticals in Canada.

(ps. Pharma is losing)

Canada: Consumers are replacing pharmaceuticals with medical marijuana
[link to 420intel.com (secure)]

Edit: this could be another reason for increase in CannaTax.

Last Edited by Mr. Canna on 03/20/2019 01:48 PM
Grow Your Own
KLOWN

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03/20/2019 01:53 PM

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Re: Canadian Government Moves To Increase Taxes On Cannabis Products
Just found an interesting article on the the use of Cannabis vs Pharmaceuticals in Canada.

(ps. Pharma is losing)

Canada: Consumers are replacing pharmaceuticals with medical marijuana
[link to 420intel.com (secure)]

Edit: this could be another reason for increase in CannaTax.
 Quoting: Mr. Canna


we need more Docs on board but they got to push the pills

i am personally saving WCB a grand a month on stopping taking the pills and smoking/eating weed
Anonymous Coward
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03/20/2019 01:55 PM
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Re: Canadian Government Moves To Increase Taxes On Cannabis Products
Just grow your own you lazy hoser.

It’s legal and you can horde it in several provinces.
KLOWN

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03/20/2019 01:57 PM

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Re: Canadian Government Moves To Increase Taxes On Cannabis Products
another big question i got

are we going to be able to buy clones soon

fucking seeds are dam expensive

i guess they would tax clones heavily to
StubbyClaps

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03/20/2019 01:58 PM
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Re: Canadian Government Moves To Increase Taxes On Cannabis Products
I will continue to just us the black market
All this loaf, Rainbow Stalin.





GLP