Navigating cannabis tax compliance demands rigorous attention to detail and strategic planning for Canadian businesses selling products from hhc gummies to dried flower. Track every transaction meticulously through dedicated point-of-sale systems designed specifically for cannabis retail, capturing essential excise duty calculations and GST/HST requirements. Implement comprehensive inventory management protocols that document the full chain of custody, from seed to sale, ensuring alignment with Canada Revenue Agency (CRA) reporting standards. Maintain detailed records of all operating …
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