π¨ EXCLUSIVE: In a major escalation by the Canada Revenue Agency, cannabis wholesalers have been ordered to GARNISH payments from licensed producers over unpaid excise taxes. This is a major escalation by the CRA. Three government-owned wholesalers, so far, have confirmed that the CRA has directed them to remit payment for licensed producers over unpaid tax. This is big. I estimate that approximately three-quarters of cannabis companies that are required to pay excise duty are behind on those payments. Story for @MJBizCon
Posted by Matt Lamers at 2024-02-27 16:18:34 UTC