Canadian Marijuana Growers Should Get Agricultural Tax Breaks

CANADA:  Tax breaks and exemptions are created to help businesses grow and succeed so that they can contribute to the economy. Many business owners will tell you that without some of their larger tax breaks, they wouldn’t be in business. The agricultural industry is no exception.

Agricultural companies in Canada rely on a lucrative tax break to stay in business. Unfortunately, legal cannabis growers in Canada will not be able to eligible for that tax break.

The reasoning behind the extra taxes is that cannabis is grown in an industrial area, which is virtually a requirement in Canada given the outdoor climate combined with the code and security requirements involved. It’s a ridiculous way to discreetly discriminate against North America’s next big industry. I would be curious to know how many indoor grow facilities there are in Canada for non-cannabis agriculture items, and how they are taxed comparatively.

 

 

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