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Alberta Government Collects $30M from Cannabis Tax Since Legalization

Alberta Government Collects $30M from Cannabis Tax Since Legalization

The Alberta government raked in $30 million in taxes from cannabis in the first six months of marijuana legalization.

According to the province’s fiscal year-end statement, the tax revenue from cannabis collected by the government is $4 million higher than originally expected.

Alberta Gaming, Liquor and Cannabis (AGLC) generated nearly $77 million in cannabis sales between October 17, 2018 and March 31, 2019; mostly from online sales and through sales to private retailers.

– Read the entire article at Global News.

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