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, “Nobodyโ€™s mindset on this approach is about bringing in tax revenue.” Instead Trudeau wants to defeat the black market.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Maine Dispensary Offers Marijuana For Cleaning Up The City
24 July 2017
Massachusetts Bill Rewrite Could Double Taxes on Adult-use Cannabis
15 June 2017
Cannabis Could Alter Blood Levels in Antiepileptic Drugs
07 August 2017