The BC Indigenous Cannabis Business Fund (ICBF) provides non-repayable contributions to First Nation communities and Indigenous entrepreneurs in British Columbia pursuing opportunities in the federally and provincially regulated cannabis sector. The fund supports equity, diversity, and Indigenous-led participation across the cannabis value chain—from production and distribution to retail and ancillary services.
B.C. First Nation governments, businesses and economic development corporations;
B.C. Tribal Councils;
B.C. Indigenous Corporations, partnerships, associations, co-operatives and institutions; and
B.C. Indigenous (First Nation, Métis, Inuit) entrepreneurs and businesses.
Applicants must:
Have a minimum 51% Indigenous ownership of the business
Provide proof of community engagement and First Nation government support (for on-reserve projects)
Have financial capacity to contribute 25% to 60% of project costs through cash equity or financing
Cease unregulated cannabis operations before funding disbursement (if applicable)
Initiative Goals
Advance Indigenous business development in the regulated cannabis sector
Create Indigenous employment and training opportunities
Increase Indigenous representation in the cannabis industry, including in rural/remote areas and for Indigenous women
Promote health and safety while encouraging economic growth
Assist navigation of regulatory processes
Funding Streams
Stream 1: Community Planning and Engagement | Up to $12,000 (on-reserve only)
Community workshops on cannabis laws and business opportunities
Community workshops on cannabis laws and business opportunities
Stream 2: Business Planning, Design, and Capital | Base limit: $250,000 | Upper limit: $1,000,000
Feasibility studies, business planning, and advisory support
Licensing, permitting, and design costs
Capital contributions for start-up, expansion, or transition to regulation
Training directly related to the business launch
Funding caps:
Up to 75% of business planning costs
Up to 75% of training and advisory services
Up to 40% of eligible capital costs
How to Apply
Step 1: Submit an Expression of Interest (EOI)
Complete the EOI form to outline your cannabis opportunity and funding needs. NRT will follow up within 5–7 business days.
Expression of Interest
Step 2: Screening and Referral
Eligible applicants will be referred to a participating Indigenous Financial Institution (IFI) for project screening, due diligence, and contribution assessment.
Approval Process
Stream 1: Criteria-based selection
Stream 2: IAFI-led business assessment
A multi-stakeholder Steering Committee provides oversight
Application Deadline Applications are accepted on a continuous basis until December 1, 2025, or until funds are exhausted.
Useful Links
The links below provide information about cannabis, process of legalization, health effects, addiction, medical use, applying for industry licenses, consumer information, market data, and other research and resources.
Offer one-on-one guidance to develop your ICBF application
Provide regulatory navigation support
Connect applicants to licensing, training, and business planning resources
BC Indigenous Cannabis Business Fund Success Stories
Snuneymuxw Nation’s Path to Growth
Economic Growth Rooted in Community With the support of the BC Indigenous Cannabis Business Fund, Snuneymuxw Nation is building a 13,000 square foot cannabis production facility that will generate long-term economic opportunities and high-quality emp…
Leading with Vision in the Regulated Cannabis Industry Williams Lake First Nation (WLFN) is showing how Indigenous communities can thrive in the regulated cannabis industry—by leading with innovation, integrity, and community impact….
Growing a Legacy in Cannabis with Culture and Innovation Dabble Cannabis Co., a Métis family-owned business based in Duncan, BC, is doing more than growing cannabis—they’re building a vision for the future….
If you have questions, need support, or want to discuss your project idea before submitting, please reach out.
Be Part of The Solution
Your partnership is crucial to our continued success. Whether you represent a First Nations community, an organization, or simply someone who wants to support meaningful change, there's a role for you.