Tag: C.D. Howe Institute marijuana

Report: Canada to Garner $675 Million Annually from Legal Marijuana

With a standard sales tax placed on legal cannabis, Canada would garner approximately $675 million ($507 million US) annually. According to the report from the C.D. Howe Institute, “applying only federal and provincial sales tax (GST/HST, PST) results in over 90 percent of the marijuana market being regulated and $675 million in annual revenue”. The …

Continue reading