20:11:00 EDT Tue 23 Apr 2024
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Aurora Cannabis Inc
Symbol ACB
Shares Issued 1,089,513,408
Close 2019-12-02 C$ 3.22
Market Cap C$ 3,508,233,174
Recent Sedar Documents

FP/wire say Canopy, rivals see Illinois propose pot tax

2019-12-03 09:43 ET - In the News

See In the News (C-WEED) Canopy Growth Corp

The National Post reports in its Tuesday, Dec. 3, edition that a city in Illinois has announced it will create a reparations fund for its African- American community through a new tax on marijuana sales. A Daily Telegraph dispatch to the Post reports that recreational use of the drug will become legal in the state from January and officials in Evanston, which is 12 miles north of Chicago, have voted to approve a 3-per-cent tax on the sales to pay for a local reparations program. The tax is expected to generate between $500,000 and $750,000 annually for the fund, which will be capped at $10-million over the next 10 years. The city's lawmakers will meet next week to determine exactly how the fund will be distributed, but one idea being proposed is for the money to go toward schemes like skills training or financial assistance for down payments on a home in the area.

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