Tag: C.D. Howe Institute

Canada Marijuana Legalization Plan Released, Would Legalize for Those 18+

The Canadian government, led by Prime Minister Justin Trudeau, has released their plan to legalize marijuana. As expected, the proposal would legalize the possession, use and licensed distribution of up to 30 grams of marijuana, and would allow a small number of cannabis plants to be cultivated at home for personal use. Unlike the eight …

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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 …

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