Quote:
Originally Posted by Hondaracer
Legalizing it just tricked the dummies to get out and vote, if anything the legal system is worse than what we had in place before
How much tax revenue do you generate from ONE dispencery ffs..
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There will be an excise tax of $1 per gram or 10 per cent of the retail price, whichever is greater. Provinces will take 75 per cent of the revenue, and the federal government will reap 25 per cent of the profit from this tax. Ottawa’s piece of the pie will not exceed $100 million for the first two years of legalization.
-About 4.9 million Canadians used cannabis and consumed more than 20 grams of marijuana per person in 2017, spending a total $5.6 billion on the product, according to estimates from Statistics Canada.
10% x 5.6 billion = 560 million in taxes.
https://www.bnnbloomberg.ca/canada-s...bers-1.1096027
It's hard to determine the total at a dispensary level since I don't think the numbers published.