Federal Government Proposes $1 Per Gram Tax Plus GST on Legal Weed

Tax revenue would be split 50-50 between Ottawa and the provinces under proposed scheme

A proposed federal tax plan unveiled by Ottawa Friday would see legal cannabis purchases levied with a $1 per gram tax or 10 per cent on the final sale, whichever is higher, plus GST.

So that rumoured price of $8 per gram would jump to $10.17 under this proposed tax scheme. This would be applicable to all fresh and dried marijuana products, pot-infused oils and seeds, and seedlings used for growing at home.

Tax revenue would be split 50-50 between Ottawa and the provinces under this plan.

So, how does $10.17 per gram sound?