Cannabis: Taxation

Treasury written question – answered on 25th October 2021.

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Photo of Daniel Poulter Daniel Poulter Conservative, Central Suffolk and North Ipswich

To ask the Chancellor of the Exchequer, what assessment he has made of the potential tax revenues that would be generated annually by a regulated cannabis market.

Photo of Helen Whately Helen Whately The Exchequer Secretary

The Government has no current plans to legalise and introduce a tax on cannabis.

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