News and Insights

Canada Revenue Agency Issues Excise Duty Notice Regarding Cannabis Oil and Edibles

Tax Development Apr 29, 2019

The Canada Revenue Agency (CRA) has released Excise Duty Notice EDN60, “Calculation of Cannabis Duty and Additional Cannabis Duty on Cannabis Oil, Edible Cannabis, Cannabis Extracts, and Cannabis Topicals,” which outlines the method for calculating the duty on cannabis oils, effective May 1, 2019, as well as the duty that will apply to edible cannabis, cannabis extracts, and cannabis topicals when these supplies become available for legal sale.

Additional information on the taxation and administration of recreational cannabis is available in the following Ryan tax development: Canada Revenue Agency Issues Excise Duty Notices Regarding Recreational Cannabis