Article by Mia Rabson, CTV News Ottawa and the provinces and territories could have another $1 billion a year in tax revenues to split after pot becomes legal next year. Liberal MP Bill Blair, former Toronto police chief and the Trudeau government’s point man on legalizing marijuana, made public Friday the federal tax proposal for legal pot, kicking off a ...

Article by Jen Skerritt and Greg Quinn, Bloomberg Canadian marijuana stocks surged Friday after Prime Minister Justin Trudeau’s government proposed a tax of one dollar a gram of legalized recreational marijuana. The government said Friday the tax shouldn’t exceed C$1 (79 U.S. cents) a gram or 10 percent of the producer’s price, whichever is higher. Retail sales levies would be applied on ...

Article by Daniel LeBlanc, The Globe and Mail The federal government has angered proponents of medical cannabis and the opposition by announcing that its planned excise tax on recreational products will also apply to marijuana that is used to treat various illnesses. A large number of groups had been calling on Ottawa to remove the sales tax that is currently ...

Article by Mike Okada, Cannabis Life Network And we thought Ontario’s LCBO-controlled monopoly was bad. On Nov. 7, New Brunswick introduced its proposed Cannabis Control Act, which among other things, requires you to store your cannabis in a locked container or room when at home, treating cannabis the same way as firearms! As New Brunswick’s justice and public safety minister told Global, ...

Article by Mike Zmuda, Lift News Legalization plans are slowly trickling down from provinces as we head into 2018, and so far we know that Ontario and New Brunswick favour the public sector, Manitoba favours the private sector, and Alberta isn’t quite sure yet. One topic that has only seen scant attention is vapour lounges, or more generally: licensed establishments. ...

Article by Lift News The federal government announced today their plans for a tax on cannabis to not exceed $1 a gram or 10% of the price of the product, splitting the excise duty rate at 50 cents a gram to the federal government and 50 cents to the provinces/territories. The proposed duty would apply to all cannabis products available ...

Article by Evan Dyer, CBC News The federal government’s plan to legalize marijuana has already generated a spat with the provinces over how potentially lucrative tax revenue will be divided. Now a new player has entered the fray: Canada’s cities are demanding they be given a share of the revenue pie to help cover costs associated with legalization. In a letter from the Federation ...

Article by Katie DeRosa, Times Colonist A Nanaimo pot shop has been shut down after RCMP suspected customers of selling illegal opioids inside the store. Nanaimo RCMP raided the Limelife Society marijuana dispensary at 119 Nicol St. about 8 p.m. Thursday, acting on information that patrons were trafficking opioids, said Nanaimo RCMP spokesman Const. Gary O’Brien. Two men were arrested and ...

Article by Adam Carter, CBC News Can you smell that? It’s a hazy new age of marijuana acceptance, wafting over Canada — but sadly, two of this country’s trailblazing pot pioneers aren’t around to experience it. For decades, Hamilton’s the late Michael Baldasaro and Walter Tucker famously fought for cannabis legalization, appearing in court and often facing ridicule for their often unorthodox methods. At the ...

Article by Lift News The Manitoba government says they plan to implement a public distribution system and a private retail system for cannabis. In order to meet the July 2018 timeline mandated by the federal government to permit the recreational use of cannabis, the Manitoba government unveiled a hybrid retail and distribution model that allows both the public and private ...