Alberta Cannabis

Alberta Unveils Plan to Sell Cannabis Through Stores – Not Online

This article appears in full on Vice Canada. Provincial justice minister Kathleen Ganley unveiled the plan at a press conference, and emphasized that the proposed framework is a draft that Albertans can provide feedback on until the end of October. The proposed legal cannabis storefronts will not be allowed to sell alcohol, tobacco or pharmaceuticals, and adults may purchase only …

Price Theory: Can Canada’s Cannabis Law Defeat the Law of Supply and Demand?

This article is featured full on the Leafly website. “Canadian Prime Minister Justin Trudeau unveiled the government’s proposed tax rate consumers will pay when Canadian provinces start selling adult-use cannabis sale next July. On products retailing for ten dollars or less per gram, the feds will charge a flat dollar (80 cents US) per gram; for products priced at more …

A photo of Alison McMahon

Corporate Canada Warms to Marijuana Industry

“Over the past year or two, lawyers, scientists, marketing professionals and the denizens of C-Suite Canada have been moving into the industry, which is hungry for talent and filled with expectations of profit. With medical marijuana legal and the country preparing for recreational legalization next summer, there’s a need for a vast range of expertise.” To read the full article, …

Colorado’s 2017 marijuana sales reach $1 billion in just eight months

Colorado’s marijuana retailers logged upward of $1.02 billion in collective medical and recreational sales through August, according to The Cannabist’s extrapolations of state tax data released Wednesday. Year-to-date sales are up 21 percent from the first eight months of 2016, when recreational and medical marijuana sales totaled $846.5 million. To read the full and original article, click here to visit …

Canadian marijuana tourism ventures and financial firms brace for hit from tax changes

Accountants, financial planners brace for hit from tax changes Financial professionals are bracing for a drop in revenue if Ottawa goes ahead with proposed tax changes for incorporated small businesses. If the rules change, accountants and financial planners who prepare the books and invest for these business owners say their clients will be discouraged from using their corporations which, in …