Ontario’s provincial government is allocating a record budget of over $600 million for the next fiscal year, derived from cannabis wholesale profits and its share of the federal excise tax. This substantial revenue presents an opportunity for the province to invest in innovation and the SR&ED program, furthering the growth of the cutting-edge cannabis industry.

 

From MJBiz Daily:

https://mjbizdaily.com/ontario-eyes-ca600-million-cannabis-windfall-pledges-online-crackdown/?fbclid=IwZXh0bgNhZW0CMTEAAR1YkFJHOgVBdMW7No9pg_jxVEYc3aiDWT-7qDH76W8pd4uFufx7gKPfVNs_aem_AXx-nfsx3UP2KCbRC0KMoWDVzwzi2WiwIwnrvdSbQMpE8yt1jRJLI8xgAkH-uquwtVZqIL8UwYREwx0Bh0JrXaGf