Canadian cannabis sales shoot up by over 24%; unpaid taxes skyrocket

Mugglehead
By Rowan DunneMar 8, 2024, 5:06 pm266 ptsTop
Canada’s annual cannabis sales rose by over 24 per cent during the fiscal year ending Mar. 31, 2023, according to new data from Statistics Canada released Wednesday. The country made C$1.9 billion in profit from pot during that period. However, the amount of unpaid taxes among federally licensed operators…

Read Article Share
Share Article
- email
- twitter
- facebook
- pocket
- reddit
- tumblr
- linkedin
- pinterest

Trending Today on NewsBudz

What to Monitor When Starting CBD for Your Pet 65

Fluence Debuts SPYDR 3: Pioneering Fixture Upgrades Output and Efficiency for Cannabis Growers 61

Rhode Island Hemp Drinks Ban Bill Scaled Back To Instead Request Officials Make Recommendations For Intoxicating Product Rules 61

Minnesota Officials Award State’s First Marijuana Business License 60

Legal Pot Delivery 101: A Beginner’s Guide to Cannabis at Your Door 59

Aurora Cannabis pays $215 million to acquire MedLeaf Therapeutics 57

Why Seniors Are Driving the Clean Nutraceuticals Movement 56

Business owners go to trial over THC ‘overdoses’ 55

About NewsBudz

NewsBudz is your go-to app for daily cannabis news, covering everything from medical marijuana breakthroughs to recreational cannabis trends and legalization updates.

Our platform aggregates content from over 30 top-tier cannabis news outlets to deliver a curated stream of the latest headlines, insights, and developments across the marijuana and hemp industries.

Whether you're interested in policy reform, health research, cannabis business, CBD, delta 9 products or lifestyle stories, NewsBudz keeps you informed and connected. Accessible on the web and mobile, NewsBudz makes it easy to explore, read, and share cannabis news anytime, anywhere.