In continuation to our two articles published on the Medical Cannabis Industry, we continue to educate the medical cannabis industry about SR&ED eligible activities. Here we describe how some expenses can be converted from being not eligible to eligible for SR&ED. Equipment Installation The majority of expenses for companies in the cannabis industry (especially for…
Braithwaite Canada and Gregory Molev (Braithwaite Senior Science Advisor) would like to thank Grow Up Conference 2018, Niagara Falls, Ontario for a great event. The conference covered all the information needed on Canada’s fastest growing cannabis industry. Valuable insights were shared by the speakers at the event whilst networking with the best of the cannabis industry!…
In our first article published in March on the Medical Cannabis Industry titled SR&ED Eligibility Criteria and Possible Projects in the Medical Cannabis Industry, we continue on educating entrepreneurs and companies within the industry to take advantage of the SR&ED program. Many entrepreneurs and business owners in the Cannabis Industry believe that the work they…
The Scientific Research and Experimental Development program (SR&ED) was established to support R&D and innovation within Canada. $3 to $5 billion dollars is dedicated to the program annually by the government. Any Canadian company acquiring new knowledge (which is not available in the public domain) by the systematic investigation is eligible for up to 65%…