Access to Capital is Crushing the Cannabis Industry –– AUGUST 2022 Cannabinoid Monthly Playbook

The lack of liquid capital is crushing the cannabis industry and it’s not just hurting plant-touching operators. Companies across the supply chain are affected. Vendors are having to wait past normal terms to receive payment leading to massive cash flow issues. Industry operations are being forced to prioritize spending internally vs. externally which leads to possible defaulting to outside vendors to prioritize internal payroll. Add in rising inflation, high tax rates, and decreasing wholesale prices, and you have a potentially disastrous domino scenario set up. As an optimist, recognizing these variables at risk makes it even more challenging to understand the macro implications.

Editors’ Note: This is an excerpt from our Monthly Playbook. If you would like to read the full monthly playbook and join the thousands of others you can sign up below.

Share and Enjoy !

laptop-img
Get In touch With Us

Action-Oriented problem solvers ready to go

One Report Once a Month Everything you Need to know

From executive-level strategy to technical know-how, our actionable insights keep you ahead of the pack!