Government of Canada Announces Consultation on Proposed Excise Duty Framework for Cannabis Products

On November 10, 2017, the Department of Finance released proposed legislation concerning an excise duty framework for cannabis products for comment. The proposed duty would apply to all cannabis products available for legal sale, including fresh and dried cannabis, cannabis oils, and seeds and seedlings for home cultivation.

The proposed legislation is open to a 27-day comment period closing December 7, 2017

The proposed legislation and accompanying materials are available at http://www.fin.gc.ca/n17/17-114-eng.asp.

Prepared by: Ian Humphries

Ian Humphries is an Associate working out of the Vancouver office of Thorsteinssons LLP. Ian joined Thorsteinssons after articling and practicing securities law at a national law firm. Prior to law school, Ian worked as an investment banker in the… more »

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