Alberta Government Collects $30M from Cannabis Tax Since Legalization
The Alberta government raked in $30 million in taxes from cannabis in the first six months of marijuana legalization.
According to the province’s fiscal year-end statement, the tax revenue from cannabis collected by the government is $4 million higher than originally expected.
Alberta Gaming, Liquor and Cannabis (AGLC) generated nearly $77 million in cannabis sales between October 17, 2018 and March 31, 2019; mostly from online sales and through sales to private retailers.
– Read the entire article at Global News.