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23 hours ago · Unsurprisingly, cannabis-related arrests have continued to decline in Canada since legalization in 2018. There were 10,824 total cannabis-related offences in Canada in 2022, with 67% of them related to the illegal import or export of cannabis, while just 12% were for possession. It is legal in Canada to possess up to 30 grams of cannabis in public.
4 days ago · The cannabis industry continues to be a brave new market. It’s moving forward quickly, globalizing rapidly, and entering a new phase of more mature development locally and internationally. It’s a time of rapid change and great opportunity. Our latest content series unpacks both, helping companies prepare for the future and developing ...
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1 day ago · According to recent reports, at the end of 2023 federally licensed cannabis producers were in arrears of $273.4-million to the Canada Revenue Agency, which is a 72-per-cent increase from a year ...
4 days ago · April 15, 2024. The legalization of cannabis in Canada has spurred a big change. This is especially true in the growing cannabis dispensary sector. You play a key role as a cannabis law expert in Ontario. You guide dispensaries through the complex legal terrain. This exploration will cover recent developments and rules.
4 days ago · In today’s low-price environment, “the 10% rate rarely applies,” according to a briefing note presented to Canada’s finance minister and obtained by MJBizDaily. That means cannabis flower is effectively taxed at the flat minimum fee of CA$1 per gram. “Most Canadian (licensed producers) pay excise taxes equivalent to 30%-40% of gross ...
1 day ago · One of the more recent developments is the increasing number of regulatory "status quo" provisions being sought and obtained by debtors. These provisions not only stay the suspension or cancellation of debtor licences but also the expiry of those licences in the ordinary course. A summary of the most relevant cannabis proceedings is set out ...
5 days ago · By MJBizDaily on April 14, 2024. Canadian Finance Minister Chrystia Freeland was warned last fall about systemic “financial distress” facing the country’s cannabis producers, including skyrocketing tax debt and widespread insolvencies. The calamities facing the industry were spelled out in briefing materials obtained through an access-to ...
