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Canada’s canceled licenses, ‘uncollectible’ cannabis taxes soar

The number of canceled cannabis business licenses have soared alongside the amount of “uncollectable” excise tax in Canada.
Canada’s canceled licenses, ‘uncollectible’ cannabis taxes soar is a post from: MJBizDaily: Financial, Legal & C…

Posted on Author Matt Lamers Comments Off on Canada’s canceled licenses, ‘uncollectible’ cannabis taxes soar
Aleafa Health Atlantic Cultivation bankruptcy BIA BioSteel Brazeau Seller Law Canada Canada Revenue Agency Canada's Bankruptcy and Insolvency Act CannTrust Canopy Growth CCAA Chalice Brands Companies' Creditors Arrangement Ac cultivation Dan Sutton Darren Brisebois excise tax finance Fire & Flower health canada international Legal OGEN Oregon Phoena Group recreational regulatory fees retail Tantalus Labs Trina Fraser

Canadian cannabis insolvencies persist in 2023 amid industry woes

Financially distressed cannabis companies continued to seek refuge in Canadian insolvency law in 2023, although such insolvency filings under one statute declined from 2022.
Canadian cannabis insolvencies persist in 2023 amid industry woes is a post fr…

Aleafa Health Atlantic Cultivation bankruptcy BioSteel Brazeau Seller Law Canada Canada Revenue Agency Canada's Bankruptcy and Insolvency Act CannTrust Canopy Growth CCAA Chalice Brands Companies' Creditors Arrangement Ac cultivation Dan Sutton Darren Brisebois excise tax finance Fire & Flower health canada international Legal OGEN Oregon Phoena Group recreational regulatory fees retail Tantalus Labs Trina Fraser

Canadian cannabis insolvencies persist in 2023 amid industry woes

Financially distressed cannabis companies continued to seek refuge in Canadian insolvency law in 2023, although such insolvency filings under one statute declined from 2022.
Canadian cannabis insolvencies persist in 2023 amid industry woes is a post fr…

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Canada Revenue Agency has fined cannabis firms CA$1.3 million since adult-use market launch

The Canada Revenue Agency (CRA) has issued cannabis-related fines totaling 1.3 million Canadian dollars ($1 million) since adult-use marijuana was legalized in October 2018, Marijuana Business Daily has learned. The nearly two-dozen penalties for viola…

Posted on Author Matt Lamers Comments Off on Canada Revenue Agency has fined cannabis firms CA$1.3 million since adult-use market launch