Cannabis Taxes Brought in $186 Million in Five and a Half Months

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Cannabis taxes brought in $186 million in five and a half months By Patrick Cain National Online Journalist, News Global News WATCH: How much has the government made from the sale of cannabis? Emanuela Campanella breaks it down. WATCH: The feds have reached a deal with the provinces on marijuana tax revenue. As David Akin reports, it would see provinces get a bigger share of the pot pie. WATCH: The biggest takeaways for everyday Canadians from the 2018 federal budget

Ottawa and the provinces made $186 million from various taxes on cannabis from last October through the end of March, numbers released Wednesday show.

The provinces took the lion’s share of that money, with $132 million in combined sales tax and excise tax revenue; the federal treasury took in $55 million.

Governments face a dilemma taxing cannabis, says Brock University business professor Michael Armstrong.

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