Priorities
Excise Tax
The legal cannabis sector is being challenged by an excise tax rate that has climbed to 34%, drastically higher than the intended 10%. This excessive taxation puts businesses in the industry at risk, limits their ability to reinvest in innovation, and drives consumers toward cheaper, unregulated products. At a time when the legal Cannabis industry in Canada should be stabilizing and expanding, unfair tax policies are hindering progress.
A more sustainable tax model is necessary to support industry success, job creation, and consumer access to safe, legal cannabis products.
Excise Stamp
A single national excise stamp would streamline operations, reducing the costly and complex logistical challenges producers face with multiple provincial stamps. Standardization would improve efficiency, cut unnecessary administrative burdens, and create a fairer system for all licensed operators. It would also help prevent delays in product distribution, ensuring a smoother supply chain and better access for consumers. By adopting a unified approach, Canada can support a more sustainable and competitive legal cannabis market.
Complexity, cost, and inefficiency—these are just a few of the challenges licensed producers face with the current excise stamp system. But there’s a better way. Watch this video to learn how a national excise stamp could streamline operations, cut costs, and help the cannabis industry thrive.
Illicit market
The illicit cannabis market continues to be a major threat to consumer safety, as unregulated products can contain pesticides, mold, or harmful additives. Illegal sales also deprive licensed businesses of fair competition, making it harder for them to operate sustainably. Additionally, the absence of taxation on illicit sales means lost government revenue that could support health and safety initiatives. Tackling illicit cannabis sales is essential for ensuring a well-regulated, responsible, and consumer-friendly industry in Canada.
