The Cannabis Distribution Association (CDA) – a group of roughly 30 businesses, including about 20 distributors – has been working on an ad-hoc credit rating system for its members. Reports MJ Biz
The system is designed to help rate which businesses – retailers, manufacturers and others – have been paying their bills and which haven’t, said Lauren Fraser, the CDA’s board chair.
“Several of our members have built their own internal credit scoring and rating systems for businesses,” Fraser said, “and we’re working on how we can synchronize those methods and those lists.”
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California cannabis distributors sharing info on firms that pay their bills, those that don’t
