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What is a Grey Market and why do they exist?

What is a Grey Market and why do they exist?

by The Giant Squirrel | May 19, 2019 | Canadian Cannabis Tax Discussion, Cannabis Business Discussion, Government of Cannabis, Legal Cannabis Laws, Smokey Monkey & Giant Squirrel

What is a Grey Market and why do they exist? Defintion of Grey Markets The easiest definition is speeding as it relates to government regulate markets. Like a black market, a grey market can only exist if government regulations exist. The reason for this is that...
Can I claim my bong on my taxes?

Can I claim my bong on my taxes?

by The Giant Squirrel | Oct 5, 2018 | Canadian Cannabis Tax Discussion, Government of Cannabis, Legal Cannabis Laws, Medical Cannabis, Smokey Monkey & Giant Squirrel

Can I claim my bong on my taxes? Header Dry and TechnicalWithin the Income Tax Act (ITA) of Canada section 118.2(2)(m), there are four aspects that are required for something to qualify as a deductible device for medical purposes.(i) is of a prescribed kind,(ii) is...

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