CALGARY — Alberta’s premier is warning that there will be no immediate tax windfall once recreational marijuana use becomes legal this year.
Alberta expects to take in $26 million in taxes once recreational marijuana is legalized.
Calgary Mayor Naheed Nenshi has expressed concern that, so far, there has been no mention of cannabis revenue sharing with municipalities.
Notley says any initial money will be used to adjust to the change in federal law and focus on community safety.
“We (will) focus on keeping the product away from kids and that we keep the black market out of the distribution of this product,” said Notley. “The distribution of any remaining funds after we’ve got the system in place, we will deal with then.”
The Canadian Press