Unchecked credit is choking the cannabis supply chain

Unchecked Credit is Suffocating the Cannabis Supply Chain - Business of Cannabis

The cannabis industry is sitting on a ticking time bomb – one that’s been quietly growing for years while most operators look the other way. Accounts receivable (AR) are ballooning to unsustainable levels, and beyond a few informal “blacklisted” groups on social media, no one is talking about the financial chokehold this is putting on the supply chain. Right now, more than $2.24 billion in AR is circulating through the industry, based on data co…

Unchecked credit is choking the cannabis supply chain

Brett Gelfand of Cannabiz Collects and Cannabiz Credit Association explains the importance of staying on top of accounts receivable. Unchecked credit is choking the cannabis supply chain is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs