Canadians Embrace Moving Cannabis Across Borders

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With some of the major names creating a presence in key markets like Canada, Jamaica, Peru, and Colombia, it's become evident that the time is now to prepare for cannabis trade across international borders.

So far only a handful of companies are performing wholesale transactions internationally and each of them is based in Canada. This is largely due to the country's status as the first G7 country to fully legalize adult-use cannabis, which enables the production capabilities and legal frameworks to facilitate international transactions. 

Will Canada become a production giant for international cannabis trade?  Can Canada meet global demand?

Are you ready to go global with your cannabis company?

Dealing with Crossborder Transaction Tax Compliance Obligations

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When a small business sends goods across borders, it will face significant crossborder transaction tax compliance obligations. And without fully understanding the relevant import/export regulations, businesses cannot know with certainty what they are actually allowed to ship to specific countries.  Yet, to be successful, a business must be able to understand, comply with, and financially account for import/export regulations and customs duty and tax costs.  A real catch-22 (dilemma).

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