Alberta Cannabis Producer Calls Proposed Taxation of Medical Marijuana a ‘Major Mistake’

An Alberta-based cannabis producer wants to sit down with federal lawmakers to talk changes to the proposed tax on legal pot, unhappy with the idea of taxing medical marijuana.

On Friday, the Trudeau government revealed its draft plan to add a $1 per gram, or 10 per cent tax on total marijuana purchases, whichever is higher. That’s on top of any applied sales taxes.

Cam Batley, executive vice-president of Aurora Cannabis, said on the one hand, it’s good that Ottawa is trying to keep taxes low on recreational marijuana.

“Because we have to ensure that the price of consumer cannabis — that is legal, regulated, consumer cannabis — is competitive with the black market,” Batley said.

– Read the entire article at Global News.