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5 Minutes for Business Taxes and Fees: Undermining the Fight against the Illegal Cannabis Market

In this edition of 5 Minutes for Business, our Director of Transportation and Infrastructure Policy, Ryan Greer, examines how the federal government will handle the battle between a newly regulated cannabis industry and the existing illegal market once recreational cannabis becomes legal on October 17.
Some of the factors that will influence how effective Canada’s legal cannabis market is at reducing illegal sales include safety, quality, access, supply and branding. But as we approach legalization, it is quickly becoming clear that this sector will face the same competitiveness challenges facing others in Canada—namely outdated government thinking on business taxes and fees.
We will be hosting a panel discussion with some of Canada’s leading cannabis companies on the economic development opportunities and policy issues in front of the sector on September 24 at 8:20 a.m. You can watch a live webcast of the discussion by clicking here.
Read 5 Minutes for Business to find out more.