Canada’s legal cannabis industry is not getting any excise-tax relief from the Liberal government’s 2024 budget. The budget comes shortly after two separate recommendations to the government proposing reform or review of the cannabis excise-tax structu…
Author: Matt Lamers
No Cannabis Excise Tax Reform in 2024 Canadian Budget
Canada’s legal cannabis industry is not getting any excise-tax relief from the Liberal government’s 2024 budget. The budget comes shortly after two separate recommendations to the government proposing reform or review of the cannabis excise-tax structu…
Canada’s Finance Minister Warned About Cannabis Industry ‘Financial Distress’
Canadian Finance Minister Chrystia Freeland was warned last fall about systemic “financial distress” facing the country’s cannabis producers, including skyrocketing tax debt and widespread insolvencies. The calamities facing the industry were spelled o…