((This is the latest installment in a series about government funding available for Canadian cannabis businesses. The previous installment is available here.)
Canadian cannabis growers and processors are eligible to apply for funding under the new 3.5 billion Canadian dollar ($2.6 billion) Sustainable Canadian Agricultural Partnership program if certain conditions are met, the administrator of the initiative, Agriculture and Agri-Food Canada, told MJBizDaily.
Any prospective sources of new funding would be welcome news for Canada’s smaller cannabis growers and processors, many of which are struggling under persistent deflationary and ultracompetitive pressures, plus tight funding from private-sector lenders.
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Financing from the Sustainable Canadian Agricultural Partnership (Sustainable CAP) program is in addition to other sources of federal funding, which Canadian cannabis companies have already been tapping, including:
The Industrial Research Assistance Program (IRAP), a federal innovation assistance program for small and medium-sized businesses. The National Research Council
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