Cannabis providers in British Columbia may well access a suite of expense-sharing applications via the Canadian Agricultural Partnership (CAP), a three billion Canadian dollar ($two.two billion) initiative by the federal government and provinces to assistance agricultural firms across the nation.
Though not all provinces enable marijuana firms to tap CAP funding, a B.C. Ministry of Agriculture spokesperson confirmed, “Cannabis producers or projects can access or be component of specific Canadian Agricultural Partnership applications and services” in the western province.
British Columbia’s share of the system is CA$115 million.
The out there funding ranges from CA$16,000 to obtain and set up traceability systems to CA$70,000 to “increase your agricultural sustainability.”
The a variety of applications have distinctive deadlines and eligibility needs, even though most are accepting applications at the moment.
The funding may well be especially attractive to micro-cultivators – a newer class of cannabis cultivators – when they come to be totally licensed.
Other applications identified by the Ministry of Agriculture for cannabis firms involve:
Other individuals provinces, such as New Brunswick and Alberta, only enable industrial hemp cultivators to apply for Canadian Agricultural Partnership funding.
Newfoundland classifies cannabis cultivation as “commercial,” which puts it beneath the domain of the Division of Tourism, Culture, Market and Innovation. CAP funding is not open to cannabis in that province.
Matt Lamers can be reached at [email protected]