A majority of the wholesale B2B cannabis business in California is represented by a group of distributors and brands that have engaged a credit association to assess shops to reduce the hundreds of millions of dollars in arrears and deter repeat offenders. The Credit Management Association (CMA), a nonprofit organization with headquarters in a suburban area of Los Angeles, is reviewing invoices and other paperwork from more than a dozen distributors and companies.
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This article originally appeared in High Times’ 50th Anniversary print issue. It is an excerpt…
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