While Franco - Nevada is making less per
ounce than it once was, the company has increased both the number and size
of its
revenue -
generating interests, says Shane Nagle, an analyst with National Bank Financial.
Ari Hoffnung told lawmakers that more than $ 400 million dollars in
revenues could be
generated each year, from an excise tax based on 20 %
of the price
of an
ounce of pot, as well as new sales taxes.