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Canadian Government Moves To Increase Taxes On Cannabis Products

 
Mr. Canna  (OP)

User ID: 77372977
Canada
03/20/2019 01:58 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
 Quoting: KLOWN

I believe edibles, drinkables, Vape and capsules will overtake the dry herb very soon. Within the next 2-3 years, they will be everywhere.

[link to 420intel.com (secure)]
Grow Your Own
Mr. Canna  (OP)

User ID: 77372977
Canada
03/20/2019 02:00 PM
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Re: Canadian Government Moves To Increase Taxes On Cannabis Products
Wow...thanks for the pin, greatly appreciated. thumbs
Grow Your Own
Anonymous Coward
User ID: 76170368
United States
03/20/2019 02:02 PM
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Re: Canadian Government Moves To Increase Taxes On Cannabis Products
Can you grow your own just for personal use and not to sell?
KLOWN

User ID: 76738177
Canada
03/20/2019 02:02 PM

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Re: Canadian Government Moves To Increase Taxes On Cannabis Products
Can you grow your own just for personal use and not to sell?
 Quoting: Far Away


yes

4 plants
saved

User ID: 77455296
United States
03/20/2019 02:04 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
 Quoting: Jake


This is why I was never for legalization...just simply decriminalize it. Then everyone stays free and so does the market.hayseed
Come And Take It!
Anonymous Coward
User ID: 76670987
Canada
03/20/2019 02:08 PM
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Re: Canadian Government Moves To Increase Taxes On Cannabis Products
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.
Mr. Canna  (OP)

User ID: 77372977
Canada
03/20/2019 02:08 PM
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Re: Canadian Government Moves To Increase Taxes On Cannabis Products
I'm into Cannabis investments too...

There are many MANY stocks flying high right now and in April there will be many high quality IPO's coming out.

I've been watching this one stock, small cap (actually tiny cap) but great upside potential once they get their lic. at the end of this month.

Yesterday I bought 100K shares at $0.11 I just checked my TFSA...the are now at $0.135...I just made 22% in one day...fk am I happy. I guess more people are finding out about this.(SUGR)

Although I'm kicking myself in the A$$ for selling out too quickly with my ACB...the run up in the past month would have paid for my entire year of living expenses...oh well.
Grow Your Own
KLOWN

User ID: 76738177
Canada
03/20/2019 02:11 PM

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Re: Canadian Government Moves To Increase Taxes On Cannabis Products
I'm into Cannabis investments too...

There are many MANY stocks flying high right now and in April there will be many high quality IPO's coming out.

I've been watching this one stock, small cap (actually tiny cap) but great upside potential once they get their lic. at the end of this month.

Yesterday I bought 100K shares at $0.11 I just checked my TFSA...the are now at $0.135...I just made 22% in one day...fk am I happy. I guess more people are finding out about this.(SUGR)

Although I'm kicking myself in the A$$ for selling out too quickly with my ACB...the run up in the past month would have paid for my entire year of living expenses...oh well.
 Quoting: Mr. Canna


good for you

hope you get rich
Mr. Canna  (OP)

User ID: 77372977
Canada
03/20/2019 02:12 PM
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Re: Canadian Government Moves To Increase Taxes On Cannabis Products
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.
 Quoting: Anonymous Coward 76670987

Private (legal) dispensaries are and will be a very good revenue for those who are able to obtain a lic.

Once the 25 stores open in Ontario April 1, the ON Gov will be setting up another lottery for retail Cannabis shops.

I am going to make sure I buy a ticket. :)
Grow Your Own
Mr. Canna  (OP)

User ID: 77372977
Canada
03/20/2019 02:17 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.
 Quoting: Anonymous Coward 77162350

Would LOVE to, although there are many restrictions that prohibit the cultivation of Cannabis in a home dwelling...i.e. living in a Condo. I own my condo outright but the Condo board prohibits it. So unless you have a house or a landlord that is OK with you growing in their property...you're kinda shit outa luck.
Grow Your Own
Mr. Canna  (OP)

User ID: 77372977
Canada
03/20/2019 02:19 PM
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Re: Canadian Government Moves To Increase Taxes On Cannabis Products
Anybody in the US have experience buying Cannabis products from a dispensary?
What kind of taxes are there?
Grow Your Own
Anonymous Coward
User ID: 77484378
United States
03/20/2019 02:20 PM
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Re: 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.
 Quoting: Mr. Canna


shits fucking garbage too

black market THRIVES
KLOWN

User ID: 76738177
Canada
03/20/2019 02:22 PM

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Re: Canadian Government Moves To Increase Taxes On Cannabis Products
best part of this is

truedope just pissed of all the pot heads that voted for him on this issue

5a
Anonymous Coward
User ID: 77484378
United States
03/20/2019 02:22 PM
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Re: Canadian Government Moves To Increase Taxes On Cannabis Products
best part of this is

truedope just pissed of all the pot heads that voted for him on this issue

5a
 Quoting: KLOWN


hes gone next election
KLOWN

User ID: 76738177
Canada
03/20/2019 02:23 PM

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Re: Canadian Government Moves To Increase Taxes On Cannabis Products
best part of this is

truedope just pissed of all the pot heads that voted for him on this issue

5a
 Quoting: KLOWN


hes gone next election
 Quoting: Anonymous Coward 77484378


cant wait to see how Vancouver votes
Anonymous Coward
User ID: 77355363
United States
03/20/2019 02:24 PM
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Re: Canadian Government Moves To Increase Taxes On Cannabis Products
What are the laws regarding somebody stealing yer weed ?


Mr. Canna  (OP)

User ID: 77372977
Canada
03/20/2019 02:28 PM
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Re: Canadian Government Moves To Increase Taxes On Cannabis Products
best part of this is

truedope just pissed of all the pot heads that voted for him on this issue

5a
 Quoting: KLOWN


hes gone next election
 Quoting: Anonymous Coward 77484378

He won't be leaving without empty pockets, I can promise you that. Due to back door deals (prior to the new legislation) he received millions of shares from various LP's that have zoomed over 1000%...and continue to grow.
Grow Your Own
Anonymous Coward
User ID: 77481677
United Kingdom
03/20/2019 02:29 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
 Quoting: KLOWN


hesright
Not in my mind

User ID: 50874131
United States
03/20/2019 02:29 PM
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Re: Canadian Government Moves To Increase Taxes On Cannabis Products
Either pot becomes as legal as tomatoes and lettuce or it is just big money making scam for the bigger gangsters....the government!!!

FACT
Will
KLOWN

User ID: 76738177
Canada
03/20/2019 02:31 PM

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Re: Canadian Government Moves To Increase Taxes On Cannabis Products
Either pot becomes as legal as tomatoes and lettuce or it is just big money making scam for the bigger gangsters....the government!!!

FACT
 Quoting: Not in my mind


tomato plants can be great to help hide your weed plants
Mr. Canna  (OP)

User ID: 77372977
Canada
03/20/2019 02:31 PM
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Re: Canadian Government Moves To Increase Taxes On Cannabis Products
Either pot becomes as legal as tomatoes and lettuce or it is just big money making scam for the bigger gangsters....the government!!!

FACT
 Quoting: Not in my mind


Gov: if we can't control it then lets regulate and tax it.

Yup.
Grow Your Own
Not in my mind

User ID: 50874131
United States
03/20/2019 02:32 PM
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Re: Canadian Government Moves To Increase Taxes On Cannabis Products
Anybody in the US have experience buying Cannabis products from a dispensary?
What kind of taxes are there?
 Quoting: Mr. Canna


MMJ here in CT...I have my card....runs 25.00 to 40.00 PER 1/8

taxes are included but I believe it hovers around 13%
Will
Huck007

User ID: 73821724
Romania
03/20/2019 02:32 PM
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Re: 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.
 Quoting: Mr. Canna


Would never buy from these CRIMINALS....
Anonymous Coward
User ID: 72530568
Canada
03/20/2019 02:32 PM
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Re: Canadian Government Moves To Increase Taxes On Cannabis Products
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.
 Quoting: Anonymous Coward 76670987


the "legalization" of pot has INCREASED pot crimes.

Fact.
And has increased the cost of policing.
Mr. Canna  (OP)

User ID: 77372977
Canada
03/20/2019 02:41 PM
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Re: Canadian Government Moves To Increase Taxes On Cannabis Products
Anybody in the US have experience buying Cannabis products from a dispensary?
What kind of taxes are there?
 Quoting: Mr. Canna


MMJ here in CT...I have my card....runs 25.00 to 40.00 PER 1/8

taxes are included but I believe it hovers around 13%
 Quoting: Not in my mind

In Canada, 1/8th is 3.5gr which the the max they allow per package. So if you wanted to buy 30gr (1oz) you would need to buy about 8 packages (28gr)...that is a huge waste of plastics because our 'packages' come in a pharma type (child proof) container.
Grow Your Own
KLOWN

User ID: 76738177
Canada
03/20/2019 02:43 PM

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Re: Canadian Government Moves To Increase Taxes On Cannabis Products
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.
 Quoting: Anonymous Coward 76670987


the "legalization" of pot has INCREASED pot crimes.

Fact.
And has increased the cost of policing.
 Quoting: Anonymous Coward 72530568


ahhhhh i dont know about that

some places maybe others maybe not

we will have to see what happens this summer

some places i have lived they spend shit tons trying to find out door grow shows

like helicopters atv massive amount of equipment and man power
Anonymous Coward
User ID: 76744705
Canada
03/20/2019 02:44 PM
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Re: Canadian Government Moves To Increase Taxes On Cannabis Products
Hey folks, what you have to do is take a trip to your local First Nations Reserve. Northern Ontario here. Most Reserve have at least one dispensary. Politicians and cops don't dare fuck with them.
anon-man-guy
User ID: 76205176
United States
03/20/2019 02:48 PM
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Re: Canadian Government Moves To Increase Taxes On Cannabis Products
Simple, just don't use weed. Saves time, saves your health, and there's no purpose of inhaling such carcinogenic toxic substance anyways.
Mr. Canna  (OP)

User ID: 77372977
Canada
03/20/2019 02:49 PM
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Re: Canadian Government Moves To Increase Taxes On Cannabis Products
Another HUGE issue I have with the current system is their weights.

Two weeks ago I bought a 3.5gr container, (Aurora/MK Ultra). When I got home I put the contents on my scale. It weighed 3.1gr. When I went to the shop a week later to buy another one, I mentioned to the 'bud tender' about my weight discrepancy. She said you have to make a complaint to the AGLC (Alberta Gaming and Liquor Control)...she also stated that many people have been making similar complaints.

So I took my new 3.5gr purchase home and weight it...this time 3.0gr...and the quality is shit. These producers use "Tumblers" to trim their weed...it may be faster but certainly lose the quality (you lose a lot of tricomes in that process).

So yea, the quality vs quantity vs price is certainly not worth it.
Grow Your Own
Anonymous Coward
User ID: 77298046
Canada
03/20/2019 02:54 PM
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Re: Canadian Government Moves To Increase Taxes On Cannabis Products
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.
 Quoting: Anonymous Coward 76670987


MMJ on Ottawa street... always top shellf quality





GLP