Recommended content

Canadian government hiking cannabis regulatory fees in April

The Canadian government is increasing eight regulatory fees levied on the regulated cannabis industry beginning April 1.

The fee increases are in line with Canada’s official inflation rate of 4.4% over the 12 months leading to April 2023, according to details published in the official Canada Gazette.

ADVERTISEMENT

The new fees will be:

Micro-cultivation license application screening: 1,969 Canadian dollars ($1,457). Standard cultivation license application screening: CA$3,933. Nursery license application screening: CA$1,969. Micro-processing application screening: CA$1,969. Standard processing application screening: CA$3,933. Medical cannabis sales license application screening: CA$3,933. Security clearance application: CA$1,987. Import or export permit application: CA$734.

The Canadian government also levies a separate annual regulatory fee on cannabis operators of a flat fee or a percentage of gross revenue,

Read full article on Marijuana Business Daily

Follow us on Instagram or join us on facebook page

Be first to rate

Marijuana Business Daily
Source

More news