Tax Credit for Cannabis?

Budget 2019 proposes to reflect the current regulations for accessing cannabis for medical purposes. That is, a patient may claim a medical tax credit if they hold a medical document to support their use of cannabis for medical purposes.  The claim may be made in respect of cannabis, cannabis oil, cannabis plant seeds or cannabis products purchased for medical purposes from a holder of a licence for sale for medical purposes (Click here for more information on a listing of holders of such licenses). This change comes as a result of access to cannabis being regulated under the Cannabis Regulations under the Cannabis Act, as compared to the prior regulation under the Access to Cannabis for Medical Purposes Regulation. 
 
This measure will apply to expenses incurred on or after October 17, 2018, the same date recreational cannabis was legalized.