You are here
Home 🌿 Marijuana Politics 🌿 Three B.C. Cities Want Ottawa to Share Revenue of Prospective Marijuana Tax 🌿Three B.C. Cities Want Ottawa to Share Revenue of Prospective Marijuana Tax
Three municipalities in British Columbia want a stake in any tax revenue that the federal government collects from the legalization of marijuana.
Nelson, Duncan and Prince George put forward resolutions to the Union of British Columbia Municipalities asking it to put pressure on higher levels of government to ensure tax sharing with municipalities is considered by the federal task force investigating marijuana legalization and regulation.
With eight dispensaries open in Nelson, Mayor Deb Kozak said determining how to regulate and monitor the technically illicit businesses has required considerable city and police resources.
“There is a real cost attached to that and we are not realizing any revenues from (the marijuana) industry at this time,” Kozak said.
The federal government established a task force to create new legislation and regulation on marijuana that is expected to be announced next spring.
Duncan Mayor Phil Kent said the lack of certainty on the...
This marijuana news is brought to you by 420 Intel. For the latest breaking cannabis industry news, subscribe to the 420 Intel newsletter. If you'd like to promote your product or service in this area after every article, contact us.
420 Intel is Your Source for Marijuana News
420 Intel Canada is your leading news source for the Canadian cannabis industry. Get the latest updates on Canadian cannabis stocks and developments on how Canada continues to be a major player in the worldwide recreational and medical cannabis industry.
420 Intel Canada is the Canadian Industry news outlet that will keep you updated on how these Canadian developments in recreational and medical marijuana will impact the country and the world. Our commitment is to bring you the most important cannabis news stories from across Canada every day of the week.
Marijuana industry news is a constant endeavor with new developments each day. For marijuana news across the True North, 420 Intel Canada promises to bring you quality, Canadian, cannabis industry news.
You can get 420 Intel news delivered directly to your inbox by signing up for our daily marijuana news, ensuring you’re always kept up to date on the ever-changing cannabis industry. To stay even better informed about marijuana legalization news follow us on Twitter, Facebook and LinkedIn.