Cannabis producers across Canada 'in peril' due to government policies, execs say yyc
at Calgary-based grower SNDL, are dismal omens for a sector stifled by government fees and levies that include a 37 per cent federal excise tax.Sign up to receive daily headline news from the Calgary SUN, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter. Postmedia Network Inc.
Producers across Canada going through mass layoffs as illicit market continues taking chunk of market shareArticle content In another blow to Alberta’s pot industry, Edmonton-based Aurora Cannabis said last June it was laying off 12 per cent of its workforce in a restructuring effort after announcing it was
Legalization’s early promise that encouraged licensed producers to enter the market hasn’t been kept by government and has led to industry over-extension and a glut of product that’s driven down prices while the sector struggles with inflation, say growers.
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