Minister called to de-haze budget math on cuts to veterans’ medical cannabis reimbursement
The proposed $2.50-per-gram reduction in reimbursements could ‘fundamentally change’ veterans’ access to high-quality and affordable products, says Dr. Nick Withers.
The easiest policy win in Ottawa might just be hiding in plain sight
Fixing the cannabis excise stamp is a simple, tangible step toward reducing interprovincial trade barriers.
Liberals’ legacy of legalized cannabis at risk as hopes for tax relief ‘slim to none’ before next election: industry
The inability to commit to a nationalized excise stamp in the fall economic statement is ‘baffling,’ says Cannabis Council of Canada president Paul McCarthy.
DND and CAF ‘exempt’ from further spending cuts, says Blair after department was asked to find $900-million a year in savings
Feds looking to find $15.8-billion in savings through ‘Refocus Government Spending’ initiative as pressure mounts for Canada to boost defence spending.
Cannabis industry seeks change as part of profits go up in smoke under outdated tax regime: stakeholders
Switching to a flat-rate tax or a standardized excise stamp would help the industry ‘overnight,’ according to the Cannabis Council of Canada’s Paul McCarthy.
‘Overtaxed and overburdened’: cannabis industry suffocating under regulatory regime as feds take puff past excise relief in budget
Cannabis Council of Canada’s Paul McCarthy says he’s ‘bewildered’ at the feds’ lack of action despite growing calls from industry, experts, and a House committee.
Feds puffed past opportunity for cannabis reform in budget
The most recent federal budget has harshed the cannabis industry’s buzz. As The Hill Times’ Stuart Benson reports, stakeholders were holding their breath for some excise tax relief in the new fiscal plan, in a similar vein to what was passed around to their alcohol counterparts. However, Finance Minister Chrystia Freeland didn’t abide, and many […]
Feds ‘shooting themselves in the foot’ on cannabis excise tax as some producers choose illicit market over bankruptcy
Cannabis marketing CEO Lisa Campbell says she expects more than half of the existing licensed producers and retailers will fold in a year, well before ISED’s strategy table consultations conclude.
Tax and regulation combine to crush cannabis innovation and jobs
The illicit market is really the big winner when legal cannabis companies fall by the wayside with no pathway to profitability and no platform to offer innovative cannabis products to consumers.
Governments are nipping the cannabis industry in the bud
VICTORIA, B.C.—In 2015, legalization of cannabis seemed like such a good idea. Then-third-party Liberal leader Justin Trudeau laid out a plan for legalization that appealed to young people across the country, but was responsible enough to not turn off older folks like me. It was a vote-getter for the Liberals. However, as with so many […]
