British Columbia opens agricultural grants to cannabis companies

Cannabis companies in British Columbia may access a suite of cost-sharing programs through the Canadian Agricultural Partnership (CAP), a 3 billion Canadian dollar ($2.2 billion) initiative by the federal government and provinces to support agricultural businesses across the country.

While not all provinces allow marijuana firms to tap CAP funding, a B.C. Ministry of Agriculture spokesperson confirmed, “Cannabis producers or projects can access or be part of certain Canadian Agricultural Partnership programs and services” in the western province.

British Columbia’s share of the program is CA$115 million.

The available funding ranges from CA$16,000 to purchase and install traceability systems to CA$70,000 to “increase your agricultural sustainability.”

The various programs have different deadlines and eligibility requirements, though most are accepting applications currently.

The funding may be particularly appealing to micro-cultivators – a newer class of cannabis cultivators – when they become fully licensed.

Other programs identified by the Ministry of Agriculture for cannabis businesses include:

Others provinces, such as New Brunswick and Alberta, only allow industrial hemp cultivators to apply for Canadian Agricultural Partnership funding.

Newfoundland classifies cannabis cultivation as “commercial,” which puts it under the domain of the Department of Tourism, Culture, Industry and Innovation. CAP funding is not open to cannabis in that province.

Matt Lamers can be reached at mattl@mjbizdaily.com

4 comments on “British Columbia opens agricultural grants to cannabis companies
  1. awsomesound on

    To many Fat wallet warchest ditch weed companies getting funding, energy credits, and tax evading tax haven accounts, Why when canadian farmers are losing crops and going bankrupt, do fat ass wallets even give a sh*t. LP’s are greedy F&N criminals along with the gov corruption.

    Reply
    • Jake on

      You should follow the cannabis industry a little closer. All the big LP’s are losing money. These grants are helping the smaller guys who are getting screwed over on their licensing and can’t necessarily turn a profit yet. Cannabis becoming legal isn’t quite the green rush everyone thought it would be.

      Reply
  2. Jackie on

    Is this really necessary!!!! In agriculture how about supporting FOOD. You know the stuff that keeps us alive and healthy!
    Here we’re trying to find grants to get our daughter through university to give children a healthy life and I hear this!
    What kind of Gov do we have?

    Reply
    • George Gilks on

      Cannabis is food. Hemp seed has more protein than meat as well as the full spectrum of omegas. You could survive on it. Many doctors recommend eating the whole plant green, as in a smoothie. Cannabis does not get you loaded if you eat it green, it is safe for children and certainly better than junk food. Hemp oil is better for you than fish oil and makes great salid dressing. No shortage of info, educate yourself.

      Reply

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