Cannabis Companies

Grow your projects thanks to SR&ED tax credit

R&D is a crucial driver for the rapidly expanding cannabis industry in Canada, with companies dedicating significant resources to developing new products and enhancing operational efficiency. Many businesses are taking advantage of SR&ED tax incentives to fund their innovative projects. Furthermore, academic institutions and research organizations are collaborating with the industry to advance the understanding of cannabis’s medicinal properties. Together, these efforts are fueling innovation and propelling growth within Canada’s cannabis sector.

explore your opportunities

Want to Boost Profitability by Enhancing Product Quality?

Since the legalization of recreational cannabis in 2018, Canada’s cannabis industry has experienced tremendous growth, with companies spanning cultivation, processing, distribution, and sales, generating thousands of jobs. In 2020 alone, the industry brought in $2.6 billion in revenue, and it is projected to reach up to $9 billion by 2025. Despite this growth, the industry faces strIT regulations, including quality control standards and government-managed sales and distribution across provinces and territories. SRA Consulting helps cannabis businesses access valuable incentives, from SR&ED tax credits to C3i tax credits, enabling companies to improve product quality and profitability while navigating the regulatory landscape.

SR&ED Eligibility in Cannabis

Genetic Research

Experimentation With New Extraction Methods

Delivery Systems

Sustainability

Pharmaceuticals Research

They Trust Us

Working with SRA Consulting has been a game-changer for our cannabis business. Their expertise in SR&ED and C3i tax credits allowed us to secure essential funding, which has enabled us to enhance the quality of our products and drive growth. The team’s deep understanding of the cannabis industry and available incentives has made a significant impact on our bottom line. We highly recommend their services to anyone in the cannabis sector.
Sarah Collins
COO, GreenLeaf Cannabis

Explore additional solutions

For Your Cannabis Project

C3I

Provides tax incentives to encourage Canadian businesses across all sectors to invest in innovation through the purchase of specified assets and R&D-related costs.

Fundscan

Streamlines the process of identifying funding for your project. Simply define your needs, filter, search, select the right grants, and our team will assist you with the application.

Government Grants

Access funding programs designed to help small and medium-sized businesses innovate.

Ready to Empower Your Future ?

Get a free consultation with our Cannabis Experts

Latest News

Read the Latest Insights In Cannabis

Solutions for Importers

With Canada wide operations, SRA Canada provides specialized consulting services across multiple industries, helping businesses secure the financial incentives they deserve.