The province won’t be charging provincial sales tax on pot when it’s legal.
A social responsibility fee of six per cent will be applied to the total annual revenues of each cannabis retailer.
A 75 cent per gram markup will be applied plus an additional nine per cent at the wholesale distribution level.
These fees will help pay for a number of programs including, public education, safety enforcement and addictions programs.
It was announced in the Budget Implementation and Tax Statutes Amendment Act released yesterday.
The province intends to keep the price of pot low enough to get rid of the illegal market.
