Why Your Delinquent Cannabis Related Accounts Require Swift Action

As the cannabis market has started to slowly transition from COD to companies extending trade credit, slow paying and non-paying customers are bound to appear. And, when you start extending trade credit you will have an account receivable and when…

Your Cannabis Customer Won’t Pay You, Who Should You Turn to First

By Sam Fensterstock COLLECTION AGENCY OR AN ATTORNEY? As your business in the cannabis market has grown many of your customers who you started doing business with on a Cash on Demand (COD) basis have now started to ask to…

Protect Your Cannabis Business From Getting Burned By “Friendship Credit”

August 25, 2017
Sam Fensterstock
Banking, Finance & Real Estate, Cultivation, Packaging, Processing, Retail
0 Comments

In our article, published by CBE in July ("Five Signs Your Cannabis Customer Needs to be Placed With A Collection Agency"), we mentioned that many companies servicing the cannabis market are now extending what we call “friendship credit” - in…

What You Need to Know To Protect Your Cannabis-Related Business From B2B Credit Fraud

July 18, 2017
Sam Fensterstock
Banking, Finance & Real Estate, Policy & Legal, Training & Education
1 Comment

As the largest majority of financial transactions in the cannabis market are still in cash, B2B credit fraud may not be on the top of the list of subjects you want to learn about. But as the cannabis market evolves…

Five Signs Your Cannabis Customer Needs to be Placed With a Collection Agency

While trade credit is not currently the norm in the cannabis market, it will be in the near future. Once there is credit, collections is not far behind. So, what is collections? Collections is the recovery of outstanding funds from…

Why Your Delinquent Cannabis Related Accounts Require Swift Action

Your Cannabis Customer Won’t Pay You, Who Should You Turn to First

Protect Your Cannabis Business From Getting Burned By “Friendship Credit”

What You Need to Know To Protect Your Cannabis-Related Business From B2B Credit Fraud

Five Signs Your Cannabis Customer Needs to be Placed With a Collection Agency

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