Tax On Low THC Cannabis Is Repealed In Switzerland

Tax On Low THC Cannabis Is Repealed In Switzerland

Switzerland is at the forefront of a floral hemp industry that is growing in size at an exponential rate. Often billed as a ‘tobacco alternative,’ low-THC products have generated quite a bit of revenue for the government of Switzerland, however, a recent court ruling will send at least some of that back to certain companies, as well as potentially prevent future types of taxation. Per Swiss Info: The Swiss Federal Court has ruled that cannabis – the legal, low-THC version – should not be subject to the tobacco tax. Responding to the complaints of three cannabis production companies, the court found…

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Source : CANNANNEW REPORT
Link to original : Tax On Low THC Cannabis Is Repealed In Switzerland
reposted by Cannabis News World

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