A comprehensive review of Canada's cannabis industry has highlighted several challenges and areas for potential reform, as the sector continues to struggle six years after the legalization of marijuana. A group convened by the federal government has recommended the review of excise taxes levied on cannabis producers, suggesting that the current tax policy needs to be updated to reflect the industry's realities. The report also emphasized the persistent threat posed by drug dealers and the entrenched illicit cannabis market, undermining public safety and the objectives of legalization. Additionally, the review proposed a new tax model that would increase excise taxes on products with high quantities of tetrahydrocannabinol (THC) and lower fees on those with smaller amounts, aiming to steer consumers towards lower-THC options. Among the 54 recommendations made, the review also called for a reevaluation of cannabis social equity programs and raised concerns over the increasing potency of THC in marijuana. The findings underscore the need for a course correction in Canada's approach to cannabis regulation and social equity.