's municipalities have voted in favour of garnering a large share of tax revenue from cannabis sales. Municipalities convention, members passed a resolution to request a 40 per cent share of cannabis excise tax from the provincial government. Solicitor General Mike Farnsworth says the distribution of the excise tax is the last major outstanding issue before legalization. $50M for local governmentsThe UBCM strategy seeks to adopt Ontario's model for cannabis excise tax sharing as a framework for a B.C. It recommends a two-year agreement, with 40 per cent of the projected provincial excise tax revenue of $125 million provided to local governments — amounting to $50 million.

Source: CBC News September 14, 2018 17:05 UTC