Marijuana

PBO identifies limited taxation potential from legal pot despite past reports predicting billions

While not providing specific numbers beyond 2018, the budget watchdog said that, as the legalized marijuana market matures, government revenue potential will grow.

People smoking marijuana on Parliament Hill on April 20, 2014. The PBO has projected less than $1-billion in potential sales taxes for the federal and provincial governments from legal marijuana in its first year. The Hill Times photograph by Jake Wright

By DEREK ABMA

PUBLISHED : Monday, Nov. 7, 2016 12:00 AM

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