Trudeau responded by reminding them that Ottawa is not legalizing pot for the profits; this should not be the only goal of provinces. Ottawa, from the very beginning, has said that legalization and regulation of marijuana were not to make profits through tax revenue. It was to keep the drug out of the hands of Canada's youth and to stomp out as much of the black market as possible. Maintaining taxes sufficiently low to keep the price low should help with the latter point. If the federal government fails to get taxation and pot pricing right, cannabis users might feel pushed to turn towards the black market to get lower prices.
Representing Canada's largest licensed producer, Bruce Linton of Canopy Growth Corp. feels it's a comfortable number that works. Recreational cannabis that sells at $10 per gram, with the taxes embedded, is not a big stretch for the consumer. Linton says that's at or below the average black market price. For some context on excise taxes, here's what's being charged in legal recreational markets around the world.
Alana seeks to see cannabis from the perspective of politicians, advocates, entrepreneurs, and consumers. She got her start with a byline in the arts and culture section and crossed over into cannabis after using it medicinally. Current projects include investigations into cannabis and wellness; entrepreneurs of the Green Rush; cannabis for athletes; and the evolution of cannabis laws and culture in Canada.