Canada Canada Revenue Agency Canada/International canceled cannabis licenses Chrystia Freeland cultivation Legal New Brunswick recreational Stewart Farms unpaid cannabis excise tax

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…

Canada Cannabis Council of Canada Chrystia Freeland cultivation Department of Finance excise tax finance international Legal recreational retail Tax Policy Branch

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.
Canada’s finance minister warned about cannabis i…