Cannabis Excise Stamps: Collect ‘Em All!

Article by Leaf News

Cannabis excise stamps: Collect 'em all!

Legal cannabis sales in Canada will be subject to an excise tax, a special federal levy imposed before the product is sold to the end consumer.

How will the government know whether that excise tax has actually been paid?

You guessed it — legal cannabis producers will have to prove they’ve paid up by marking their product with special government stamps. Recently released information from the Canadian Revenue Agency reveals how those stamps will work.

Before sending any cannabis products to wholesalers or retailers, legal cannabis companies will need to mark those products with a cannabis excise stamp purchased directly from the CRA. The stamps will come in special colours indicating the province or territory in which the product is intended to be sold, the agency says.

Each stamp will be 20 millimetres by 40 millimetres in size, with a unique identifying code. An engraved latent image will show the letter “C” when viewed from certain angles. “Colour shift ink” will also change colours when the stamp is tilted, and “anti-copy line work” will make the stamps harder to fake.

If that wasn’t enough, the stamps will include ink that’s only viewable under a blacklight.

Read the full article here.

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