B.C. government spends millions to support Indigenous Cannabis Fund

VICTORIA — B-C’s public safety ministry says the province is providing about 2.3-million dollars more to the B-C Indigenous Cannabis Business Fund.

The I-C-B-F was launched in December to support Indigenous businesses that want to join the regulated cannabis industry.

The ministry says the new, one-time funding is in addition to the original joint contribution of about 7.5-million dollars from B-C and the federal government over three years.

It says the money will be provided to the New Relationship Trust, which is responsible for administering the program, to increase the number of Indigenous businesses that could receive support through the fund. (The Canadian Press)