CBD Ganjah
Cannabis

The provincial cannabis tax revenue in Canada surpasses those for beer and wine.

Canada cannabis Canadian

For the first time in a while, Canada’s national authorities collected more tax revenue earnings from hemp than it did from beer and wine.

A political committee is proposing that the government cut back on the cannabis income.

ADVERTISEMENT

The federal government received 61.02 million Canadian dollars ($ 501 million ) from excise duties on beer in the fiscal year2022-23 that ended on March 31.

In the same fiscal time, tax from different materials was:

$ 277.6 million from liquor in CA. CA$ 204. 5 million from manufactured nicotine

In comparison, federal tax obligations on cannabis totaled 894.6 million in the same year, of which 667.6 million were paid to the provinces and territories.

That

Read the full content on Marijuana Business Daily.

Related posts

Cannabis labour is on track to rise in 2024, according to a survey.

Admin

Q&A with Allison Justice, a scientist at Cbdganjah

Admin

The assessment license for a medical marijuana lab will be revoked by Mississippi, according to Cbdganjah.

Admin

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More