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Canopy Growth Corp T.WEED

Alternate Symbol(s):  T.WEED.DB | CGC

Canopy Growth Corporation is a cannabis and consumer packaged goods (CPG) company. The Company delivers innovative products with a focus on premium and mainstream cannabis brands, including Doja, 7ACRES, Tweed, and Deep Space. Its CPG portfolio includes gourmet wellness products by Martha Stewart CBD, and vaporizer technology made in Germany by Storz & Bickel. The principal activities of the Company are the production, distribution, and sale of a diverse range of cannabis and cannabinoid-based products for both adult-use and medical purposes under a portfolio of distinct brands in Canada. Its Canada cannabis segment includes the production, distribution, and sale of a diverse range of cannabis, hemp, and cannabis products in Canada. Its Rest-of-world cannabis segment includes the production, distribution, and sale of a diverse range of cannabis and hemp products internationally. Its Storz & Bickel segment includes the production, distribution, and sale of vaporizers.


TSX:WEED - Post by User

Post by WebSwingeron Oct 02, 2020 4:57am
255 Views
Post# 31656595

Not happy about excise tax for Ontario Cannabis.

Not happy about excise tax for Ontario Cannabis. Roughly one dollar per gram. Then even more taxes when Customers purchase it. I wonder about other taxes the LPs have to pay which I dont know about. The tax should be based on a percentage of the price of product. For cannabis over ten dollars, I think the government goes by percentage. I think they tax ten percent for each gram with excise tax. Anything under ten dollars per gram get about 1 dollar in excise tax. With lower prices now for things like Twd.28., I want to see this tax reduced, or changed to a percentage rather than a fixed rate of one dollar. As long as the government doesn't make it so anything under a certain price gets taxed a specific percentage rate, like they did for cannabis which costs ten dollars per gram or more, which hopefully also gets changed. 
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