The Cannabis Industry Ponzi Scheme – Is a Sale a Sale If No One Actually Pays The Bill?
Written by on May 24, 2023
Connecting the dots in the marijuana industry is becoming more and more important as you try to figure out the true size and structure of the market. Who is doing well, who is struggling, is anyone actually making money? If you noticed the headlines this week, it seems there is a growing disconnect between “accounts receivable” and actual revenue. Accounts receivable are what you sold or billed out, but has not been paid to you, yet. Revenue is the actual payment you got for that bill and is now sitting in your bank account.