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House of Commons Standing Committee on Finance calling for changes to Cannabis tax
![House of Commons Standing Committee on Finance calling for changes to Cannabis tax](https://dlgqrg63adybs.cloudfront.net/s3fs-public/styles/teaser_landscape__wide/s3/2024-02/House%20of%20Commons%20Standing%20Committee%20on%20Finance%20calling%20for%20changes%20to%20Cannabis%20tax.jpg?itok=OovXuViO)
The federal House of Commons Standing Committee on Finance is recommending a change to how cannabis excise taxes are applied. The change calls for moving from a rate of $1 per gram or 10% of a producer’s selling price (whichever is higher) to a 10% ad valorem rate. This rate currently applies to
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