Latest In: Canada Revenue Agency

CANADA Canada Revenue Agency canceled cannabis licenses Chrystia Freeland New Brunswick Stewart Farms unpaid cannabis excise tax
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Canada’s canceled licenses, ‘uncollectible’ cannabis taxes soar

The number of canceled cannabis business licenses has soared alongside the amount of “uncollectable” excise tax in Canada.

News April 8
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Cannabis firm BZAM granted creditor protection with massive unpaid tax bills

Canadian cannabis firm BZAM, which merged with The Green Organic Dutchman in 2022, has been granted creditor protection…

News March 1
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Canada says cannabis wholesalers must garnish payments over unpaid taxes

Canada’s tax collection agency is following through on a threat to garnish cash from licensed cannabis producers that…

News February 27
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Why isn’t Canada’s cannabis market thriving? These experts have some ideas

MJBizDaily asked six experts from across the country to answer the question: Why isn't Canada's cannabis market thriving?…

News February 20
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Canadian cannabis insolvencies persist in 2023 amid industry woes

Financially distressed cannabis companies continued to seek refuge in Canadian insolvency law in 2023, although such insolvency filings…

News December 18
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Canadian government’s cannabis duty surpasses CA$1 billion since 2018

Canada's federal government has assessed more than 1 billion Canadian dollars ($740 million) in total duty on cannabis…

News February 28
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Canadian cannabis producers’ unpaid tax bills soar as industry seeks reform

A growing number of Canadian cannabis businesses are failing to pay their federal excise taxes on time, a…

News October 18
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A chart and map showing where Canadian cannabis excise debt has soared

Canadian cannabis producers’ overdue excise taxes more than triple to CA$52M

Unpaid federal excise duty is piling up in Canada’s cannabis industry, with excise debt more than tripling to…

News May 25
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Unpaid Canadian marijuana regulatory fees jump tenfold to almost CA$1 million

Outstanding regulatory fees owed by federally regulated Canadian marijuana companies jumped more than tenfold in recent years, according…

News March 28
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