Frequently Asked Questions

Listed below are some of the most frequently asked questions our team receives about R&D tax credits

Can cannabis ancillary businesses (non-plant-touching) take advantage of the federal and state R&D tax credits?

Ancillary businesses that do not directly “touch the plant” are not subject to the same rules and regulations as plant-touching businesses. Therefore, they can claim federal and state tax credits that every other business is entitled to, including R&D tax credits. Some examples of cannabis ancillary businesses are equipment manufacturers, seed-to-sale software or compliance businesses, testing and analytical laboratories, sustainable packaging and engineering businesses, and many more.

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