RE:RE:XLY edible productsbdigginz wrote: and knowing the federal and provincial taxes on a edible costed at 7.00 that leaves 4.50 between the retailer and Xly . Assuming
Your number for taxes do not seem to add up.
https://biv.com/article/2019/03/canada-outlines-new-tax-regime-cannabis-edibles
$0.01 per mg of THC and edibles can contain a max of 10mgs of THC so $0.10 per pack. so a $7.50 pack would have $7.40 to split between XLY and the retailer. From other packaged goods product 1/2 going to XLY would be on the low end, retailers do not often have 100% mark up on packaged goods. I would say there is a good chance XLY is getting $5 for every $7.50 in retail sales. Now that is gross revenue, not taking into account cost of goods sold.