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John Ivison: Punitive taxes are killing the legal cannabis industry

Summary by National Post
If you want to be a millionaire, start with a billion dollars and launch a cannabis production company in Canada. In the original version of his famous quote, British entrepreneur Richard Branson was highlighting the challenges and capital intensive nature of the airline industry. But a new report by consultancy firm Deloitte, due for release on Wednesday, paints a similar picture. The report looked at the impact of Canada’s cannabis excise tax …

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National Post broke the news in Canada on Tuesday, May 20, 2025.
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