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Ottawa’s marijuana tax take falls far short of billion-dollar promises

Ottawa’s marijuana tax revenues have stalled at less than a quarter billion dollars a year, far below the billion-dollar windfall once promised by cabinet when cannabis was legalized in 2018.

Blacklock’s Reporter says a Department of Finance memo shows federal-only cannabis revenues were $244 million in 2024, down from $256.7 million in 2020, the year edible products were first licensed.

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