CannaBIZ Collects reposted this
Helping cannabis companies collect their 💰 | Managing Partner @ CannaBIZ Collects & CCA
Thanks Fat Nugs Magazine for shedding the necessary light on this topic. Collections has been an absolute epidemic in cannabis today. Our teams at CannaBIZ Collects and Cannabiz Credit Association are working tirelessly to help recover past due debts and provide credit reporting to mitigate these risks for cannabis operators in the future.
Brett Gelfand shares the key to finance and collections in cannabis in today's Daily Nug. Check it out! "In the rapidly evolving cannabis industry, effective financial management is essential to maintain cash flow and fuel growth. Two key components of financial success in this space are trade credit and accounts receivable (AR) management. This guide explores how these strategies can benefit your business, offering practical advice on securing credit, mitigating risks, and the importance of strong credit and collection policies." #cannabis #cannabisculture #cannabiscommunity
We help small business owners (< 10 million in revenue) build their entire marketing team for the price of one full-time employee.
2moCannabis is a cut-throat industry, but trade credits can definitely help to soften the blow for business owners/operators. I especially loved the point in this article to engage with industry experts. I recently learned a lot from the folks at Benzinga's Cannabis Capital Conference!