Cannabis debt epidemic

Anyone else notice how many dispensaries are expanding while not paying their vendors?

I'm in the industry and it's wild seeing dispensaries opening new locations while ghosting farmers who fronted them product months ago. These guys are living large off other people's product while growers are going bankrupt.

Just found out about two resources that are actually helping expose this BS:

Cannabizcredit.com - You can look up any cannabis company and see their payment history, including if they've been taken to collections. Really eye-opening to see how many "successful" companies have a trail of unpaid bills.

Cannabizcollects.com - They're a collection agency specifically for cannabis. If you're getting stiffed by a dispo, these guys will chase them down. You only pay if they collect.

The industry needs more transparency about who actually pays their bills vs who's building their empire on other people's product. Too many good farmers and vendors are getting burned while these chains keep expanding.

Anyone else seeing this? What's your experience been with getting paid in the industry?

submitted by /u/Warm_Check7656 to r/weedbiz
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Published: 2025-01-29T23:10:04+00:00

Link: https://www.reddit.com/r/weedbiz/comments/1id7jo5/cannabis_debt_epidemic/