The Financial Post reports in its Tuesday edition that when Canada legalized recreational cannabis in 2018, the government promised to review the law after three years. The Post's Tara Deschamps writes that then the COVID-19 pandemic hit, and by then a wave of cannabis companies desperate for changes to the legislation had already cut staff, consolidated or folded. The review was finally launched in September, 2022, and an initial report was released last week that summarizes what the panel heard from industry, health care and community groups. Beena Goldenberg, the chief executive officer of Moncton's Organigram Holdings, wants federal and provincial governments to rethink the excise taxes charged to pot producers. The taxes amount to the higher of $1 per gram or a 10 per cent per gram fee for dried and fresh cannabis, plants and seeds. "Originally, the government thought you're going to be able to sell a gram of cannabis for $10, so a 10 per cent tax rate would be a dollar a gram," she said. But in the rush to compete with the illicit market, prices have dropped dramatically. "Now we're selling product at $4 or at $3, not $10, and as a result, the tax rate is in the 30 to 40 per cent range," Ms. Goldenberg said.