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Justin Trudeau sits down with premiers to talk pot, tax reform

Prime Minister Justin Trudeau shakes hands with Nova Scotia Premier Stephen McNeil before the First Ministers Meeting in Ottawa, Tuesday October 3, 2017. .
Prime Minister Justin Trudeau shakes hands with Nova Scotia Premier Stephen McNeil before the First Ministers Meeting in Ottawa, Tuesday October 3, 2017. . THE CANADIAN PRESS/Adrian Wyld

OTTAWA – Prime Minister Justin Trudeau and the premiers are meeting today, with small business tax reform and the tight timeline for legalizing cannabis by next July high on the agenda.

B.C. Premier John Horgan says since there are already many marijuana dispensaries in his province, he thinks the retail infrastructure is already in place for the sale of the drug.

Horgan says what he hopes to impress upon the federal government is the importance of getting the price of pot right, so that it does not allow the black market to thrive.

WATCH: Pot legalization expected to dominate First Ministers’ meeting

Pot legalization expected to dominate First Ministers’ meeting
Pot legalization expected to dominate First Ministers’ meeting

He also says he is confident the existing timeline is long enough, but that he might be proven wrong as he gains more experience in government and learns things move more slowly than that.

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Horgan says the Liberal plan for tax reform came out of the blue and that the government needs to strike a balance between making sure the wealthy pay their share and avoiding harm to small businesses.