Canadian federal cannabis tax revenue outpaces beer, wine
Canada’s federal government collected more excise tax revenue from cannabis than it did from beer and wine for the first time last year.
Canadian cannabis companies, trends, and data
Canada’s federal government collected more excise tax revenue from cannabis than it did from beer and wine for the first time last year.
Canada’s tax collection agency is following through on a threat to garnish cash from licensed cannabis producers that are delinquent on their excise duty payments, MJBizDaily has learned.
The Canadian government is increasing eight regulatory fees levied on the regulated cannabis industry beginning April 1.
After years of double-digit growth, active marijuana business licenses in the United States declined for the first time in 2023.
A Canadian-Jamaican company comprised of former veterans of Steep Hill Labs and Canopy Growth Corp. has shipped what it claims is the first Drug Enforcement Administration-sanctioned export of cannabis products from Jamaica to the United States.
Germany’s chief legislative body on Friday approved a landmark recreational cannabis bill that’s being simultaneously hailed as a generational milestone and “quasi legalization” because the new law stops short of implementing a framework for the distribution and retail sale of adult-use products.
Canadian recreational cannabis sales were worth 5.07 billion Canadian dollars ($3.8 billion) in 2023, an increase of 12.2% compared to 2022, according to government retail sales data released Thursday.