When Canada officially launches its recreational marijuana market later this year, the federal government will provide the nation’s cannabis farmers with some of the same funding opportunities as other green thumb industrialists.
Earlier this month, agricultural ministers representing every level of government decided during their annual meeting in Vancouver that the companies producing cannabis plants for both the recreational and medicinal sector should qualify for a portion of the agricultural support offered to traditional farmers.
Canada provides dozens of programs and partnerships intended to help the agricultural community stay innovative and prosperous.
But this consideration does not mean that cannabis farmers can expect to receive the same treatment as corn or dairy farmers, for example. Not all of the government’s safety nets will be made available to those who cultivate this feel good crop.
British Columbia Agriculture Minister Lana Popham recently told iPolitics that cannabis producers would not be eligible for two of the country’s more popular farming programs — AgriStability and AgriInvest. These subsidies were designed to protect farmers against unforeseen incidents like damaged crops and massive market fluctuations. [Read more at Forbes]