Hashish Taxes Introduced in $186 Million in 5 and a Half Months

[ad_1]

Ottawa and the provinces made $186 million from numerous taxes on cannabis from final October by the tip of March, numbers launched Wednesday present.

The provinces took the lion’s share of that cash, with $132 million in mixed gross sales tax and excise tax income; the federal treasury took in $55 million.

Governments face a dilemma taxing cannabis, says Brock College enterprise professor Michael Armstrong.

“It’s a tradeoff — the extra you improve taxes the extra income you get, however that will increase costs and makes you much less aggressive with the black market.”

– Learn your entire article at World Information.



[ad_2]

Latest posts