With the Picture Province estimating that recreational legalization will create hundreds of new jobs and generate up to $150 million annually in recreational sales, the province has named the fourth New Brunswick recreational cannabis supplier.
Tag Archives: Finance Minister
FREDERICTON, New Brunswick, Jan. 10, 2018 /Weed Wire/ – Opportunities NB held a media briefing today to discuss growth plans for cannabis industries. Cannabis services and products have been identified as a key opportunity for growth in the New Brunswick Economic Growth Plan.
OTTAWA, Ont., Dec. 11, 2017 /Weed Wire/ — Canada works best when governments work collaboratively to take actions that are in the interest of all Canadians, strengthen the middle class and help those working hard to join it. Federal, provincial and territorial Finance Ministers met today in Ottawa to build on their productive partnership, discuss issues that are top of mind for Canadians, and make further progress on important joint priorities.
With New Brunswick cannabis set to be cultivated by Organigram (TSXV: OGI) and Canopy Growth (TSX: WEED), the provincial government has now determined that a Crown corporation, not the private sector, will handle retail cannabis sales.
Manitoba is studying whether to involve the private sector in rolling out sales of marijuana in the Canadian province — a contrast to Ontario’s plan to sell the drug in government-run stores.
Canada’s Finance Minister Bill Morneau is ready to talk Canadian cannabis taxes with the country’s provinces. On May 15, 2017, during a House of Commons meeting for the Standing Committee on Finance, Morneau addressed the Budget Measure Implementation Act and closed his opening remarks with a note on cannabis taxes.
On Nov. 15, 2016, Jamaica’s Cannabis Licensing Authority announced that by the end of October it had received a total of 89 applications for cannabis cultivation and processing.
Decriminalising cannabis would generate money for the Government and ease pressure on New Zealand’s courts according to an informal Treasury report.
On May 12, 2016, during the opening of Jamaica’s 2016/17 Budget Debate in Parliament, Finance Minister Audley Shaw announced that Jamaica will move forward in creating a medical marijuana industry that can boost the country’s economy.