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For the First Time Ever, Ontario’s Legal Cannabis Sales Exceed the Illicit Market’s

Veriheal

New data on the cannabis sales in Ontario’s legal cannabis market showed that the majority of cannabis purchases between July and September 2021 were from legal retailers. of “the pot purchases made in the province between July and September were linked to legal retailers.” Lori Hatcher, head of marketing at Truss Beverage Co.,

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More stores needed in underserved markets

SpeedWeed

The chief executive of the Ontario Cannabis Store (OCS) said growing regulated recreational marijuana sales in Canada’s most-populous province depends on more brick-and-mortar stores opening in certain communities. The third-quarter report from the OCS estimated that legal marijuana sales have captured 40.3% Edibles: 4.5%.

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Cannabis Spending in Canada Exceeded $2 Billion in 2020

SpeedWeed

According to a quarterly, retail commodity survey from Statistics Canada, Canadians bought $2.01 Flower definitely appears to be the preferred consumption method for Canadians, as it made up more than three-quarters of all sales from cannabis spending last year. in sales last year. million in sales. A total of $614.4

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Buy This Dog?s Artwork, Get A Free Gift Of Weed

MassRoots

When the recreational possession and use of cannabis is legalized, but a regulated retail market is not, people are forced to think of creative ways to obtain and provide weed. While a regulated recreational market has not been established in Washington D.C., This hand-off is known as “gifting.”

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Wondering How Much Are The Sales Taxes Of Marijuana-derived Products? Find Out Here

Cannabis Law Report

Then you may already know that the sale and purchase of marijuana for recreational use is allowed in only 17 US states and the District of Columbia. Based on the price of cannabis, its taxation is much higher than most other retail products. Apart from these, there is also the sales tax and excise tax. State-wise Taxes.

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The Top Print Publications In the Cannabis Industry

Cannabis Law Report

They provide intelligence to help all aspects of the business – from seed to sale – succeed and grow. They focus strictly on the business of legal cannabis for medical and recreational use and aims to provide timely information to help their readers make informed decisions on running their business better and more profitably.

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Marijuana tax rates: a state-by-state guide

SpeedWeed

Many states levy a marijuana excise tax in addition to the regular state sales tax. Adult-use retail sales: Purchases are not subject to any statewide cannabis tax, although some municipalities do charge a cannabis excise tax. There is no statewide retail sales tax in Alaska. It does add up. Juneau charges 3%.