FeesSafety
Pluang+

Canada to implement a common cannabis excise stamp by 2028, simplifying regulations and cutting costs.

Market News
06 Nov 2026, 14:00 WIB
GlobeNewsWire
View Source
Bullish
Canada to implement a common cannabis excise stamp by 2028, simplifying regulations and cutting costs.

Village Farms International applauds Canada's Budget 2026 proposal to introduce a common cannabis excise duty stamp starting January 1, 2028. This reform reduces the number of unique excise stamps from 13 to six for provinces sharing the same tax rate, simplifying the supply chain and lowering costs for producers. The change reflects the growing economic impact of Canada's cannabis industry, which contributed $16 billion to GDP in 2024 and supported over 227,000 jobs. Village Farms urges all provinces to adopt the national stamp and plans to continue working with the government on further excise reforms and export strategies.

Village Farms applauding Canada's cannabis excise stamp reform is contextually set against the Consumer Staples sector on Pluang as of Nov 06, 2026 19:12 WIB. Of 63 priced Consumer Staples stocks, 6 rose and 55 fell today. Notably, Conagra Brands Inc (CAG) traded at USD 15.10 with 100% buy order activity, while Coca-Cola Europacific Partners plc (CCEP) was at USD 114.09 with a -2.73% change.

More News

Nexans to supply 420 km cable for Greece's major 1 GW Corinth-Kos power link

Nexans to supply 420 km cable for Greece's major 1 GW Corinth-Kos power link

Nexans has signed a subcontract to deliver a 420 km mass-impregnated 110 kV cable system for the 1 GW, 320 kV Corinth-Kos HVDC interconnection in Greece. This project, awarded to Hellenic Cables and partners, will connect the Dodecanese islands to ma...

Market News
Bullish
16 minutes ago
Indonesia data center market to double to $4.05B by 2032, driven by cloud and AI infrastructure growth.

Indonesia data center market to double to $4.05B by 2032, driven by cloud and AI infrastructure growth.

The Indonesia data center market is projected to grow from USD 2.08 billion in 2027 to USD 4.05 billion by 2032, at a CAGR of 14.28%. Growth is fueled by expanding hyperscaler cloud infrastructure, rising digital workloads, increasing demand for colo...

Market News
Bullish
3 hours ago
Charter launches $2B savings plan, aims for growth post-Cox acquisition despite Q3 net loss

Charter launches $2B savings plan, aims for growth post-Cox acquisition despite Q3 net loss

Charter Communications announced a new $2 billion annualized expense savings plan alongside its recent acquisition of Cox Communications, aiming to return to growth and improve operational efficiency. Despite a net loss of $2.1 billion in Q3 2026, dr...

Company Fundamentals
Bullish
5 hours ago
Applied Optoelectronics grants stock awards to 3 new hires under 2023 Equity Inducement Plan

Applied Optoelectronics grants stock awards to 3 new hires under 2023 Equity Inducement Plan

Applied Optoelectronics, Inc. granted inducement awards of 1,346 restricted stock units to three new employees on November 2, 2026. These awards, part of the 2023 Equity Inducement Plan, vest over four years and are designed to attract new talent. Th...

Company Fundamentals
Neutral
5 hours ago
Bunker Hill and Silver47 complete merger to form a leading U.S. silver and critical minerals producer.

Bunker Hill and Silver47 complete merger to form a leading U.S. silver and critical minerals producer.

Bunker Hill Mining Corp. and Silver47 Exploration Corp. have completed their merger, creating Bunker Hill Silver Corp., a new U.S.-focused silver and critical minerals producer. The combined company will leverage Bunker Hill's producing mine in Idaho...

Company Fundamentals
Bullish
5 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App