All Health Canada cultivators and processors have to obtain a “Cannabis License” from the CRA before legalization date on October 17. 2018, in addition to the Health Canada license. Also, processors and packagers will need to register for the Excise Tax Stamp regime and purchase stamps. If you don’t obtain a license by October 17, 2018, you risk facing federal offences if you continue to undertake cannabis activities. The panel will outline how to fill out the “Cannabis License” application and how the excise tax is calculated and who pays it, as well as some challenges it poses to LPs who want to automate the process.
Moderator: Harrison Jordan, MNP