Trudeau Proposes a $1-a-Gram Tax on Canadian Cannabis | Leafly
Canadian Prime Minister Justin Trudeau has brought forth his most detailed proposal yet for Canada’s impending recreational cannabis market, proposing a tax of one dollar a gram on adult-use cannabis when once recreational sales begin in the summer of 2018.
The proposal—announced yesterday at a press conference in Ottawa— specifies a dollar-a-gram excise tax on cannabis sold for $10 a gram or less. Cannabis products priced higher than $10 a gram would be subject to a 10% tax. As for how the revenue would be split up, Trudeau said the federal government would split the tax revenue 50-50 with provincial governments.