November 10, 2017 / 4:16 PM / in a month

Canada govt proposes excise tax on all cannabis products

OTTAWA, Nov 10 (Reuters) - Canada, which is on track to legalize recreational marijuana by mid-2018, on Friday proposed an excise tax of C$1 (79 cents) per gram of cannabis, which will be split between the federal government and the provinces.

The government said the proposed duty would apply to all cannabis products, including medical cannabis, which is already legal in the country.

($1 = $1.27 Canadian)

Reporting by Leah Schnurr

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