Justin Trudeau, Canada’s Prime Minister, has proposed a tax of one dollar for every gram of cannabis used by adults.
The proposal is for when recreational sales of marijuana start next summer and was announced this week at a press conference in Ottawa.
The proposal specifies that a dollar a gram excise would be put on cannabis that is sold for $10 a gram or less. For cannabis products higher than $10 a gram, the tax will be 10%.
According to Trudeau, the federal government would split the tax revenue 50-50 with provincial governments.
The Prime Minister said, “Nobody’s mindset on this approach is about bringing in tax revenue.” Instead Trudeau wants to defeat the black market.