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Canada Publishes Draft Regulations for Taxation of Cannabis Sales for Non-Medical Purposes

|Approved Changes|Canada
Canada

Canada's Ministry of Finance published on 17 September 2018 the draft Regulatory and Legislative Proposals Relating to the Taxation of Cannabis and Explanatory Notes. The legal sale of cannabis for non-medical purposes was approved in June 2018 with effect from 17 October 2018, although individual provinces/territories may dictate from when sales are allowed. The draft regulations and legislative proposals set out the related provision for taxation, including products and exclusions, the du…

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