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Sunday, July 13, 2025

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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.

Chrystia Freeland
Finance Minister Chrystia Freeland has a chance to change the tax and regulatory structure conceived for cannabis that has made it nearly impossible for any company of any size to have a consistently positive cash flow, writes George Smitherman. The Hill Times photograph by Andrew Meade
Opinion
BY GEORGE SMITHERMAN
February 13, 2023
Opinion | BY GEORGE SMITHERMAN | February 13, 2023

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