Beer Institute Proposes Guidelines for Cannabis Regulation

QcGoldtech, a Quebec cannabis business linked to former police chief Yvan Delorme, is facing over half a million dollars in unpaid taxes, with specific debts to both the provincial and federal governments. The company attributes its financial struggles to high excise taxes and lack of government support, despite its operations providing local jobs. Meanwhile, the Beer Institute has proposed stricter regulations and higher taxes on intoxicating hemp and cannabis products, advocating a tax rate exceeding that of any alcoholic beverage. The trade group emphasizes the need for consumer safety and proper oversight, opposing the co-location of alcohol and cannabis sales. These proposals arise amidst a patchwork of state regulations that inadequately address the rapidly growing hemp-derived product market. The Beer Institute's stance reflects a broader push for clearer federal guidelines governing cannabis products, separate from traditional alcohol regulations.