Old News, 6% tax repeal will help revenues! 2 million dollar savings.
From todays Wpg Free Press.
Delta 9 is the only licensed cannabis producer in the province and the vertically integrated operation also controls about 20 per cent of the retail market, with 16 stores in Manitoba.
It would have had to write a cheque to the province for about $2 million last week if the SRF had not been repealed.
Even for a company the size of Delta 9, which generated $63 million in revenue last year, the end of that fee is significant.