Modernizing Accounts Receivable for Cannabis Operators
By Charlie Weiler, Banking Sales Manager at LeafLink
Running a cannabis business is challenging enough—getting paid shouldn’t be one of those challenges. Yet, for thousands of operators across the country, accounts receivable (AR) has become one of the biggest obstacles to healthy cash flow and sustainable growth.
At LeafLink, we’ve seen firsthand how late payments, manual invoicing, and cash-only systems can slow down even the most successful brands. The good news? There’s a better way to manage AR.
The Reality: Cannabis AR Is Broken
Delinquent payments in the U.S. cannabis industry surpassed $4 billion in 2024. That’s billions in lost revenue, delayed expansion plans, and strained business relationships.
The causes are clear:
- Manual data entry and validation across multiple systems, increasing risk of human error
- Poor coordination between sales reps, buyers, and accounting teams
- Friction between sellers and buyers when discussing overdue invoices
- Lack of available capital has cannabis businesses operating on thin margins
When payment conversations become a distraction, your team spends more time chasing checks and less time growing your business.
The LeafLink + Dama Advantage
LeafLink is proud to be the leading platform simplifying commerce and payments for the legal cannabis industry. Following our acquisition of Dama Financial in 2024, we now bring together best-in-class banking, invoicing, and financing tools, all under one trusted ecosystem.
Together, we’re helping cannabis operators eliminate the stress of AR management and unlock new opportunities for growth.
Smart Solutions to Keep Your Business Moving
💸 1. Dama Financial Funding Line
Access up to $250,000 in same-day funding to keep your operations running smoothly. Whether it’s payroll, inventory, or taxes, you get:
- No fee to apply and no cost if unused
- Instant access when you need it most
- Rates starting around 2% monthly
This flexible line of credit gives operators the confidence to handle delays or downturns without slowing momentum.
📊 2. Dama Financial Invoicing Platform
Our all-in-one invoicing solution allows you to:
- Securely send and receive checks
- Pay and get paid via ACH
- Schedule convenient cash pickups
With transparent tracking and fewer manual tasks, you can simplify collections, stay compliant, and offer your partners flexible ways to pay — ideal for cultivators, manufacturers, distributors, and ancillary service providers.
🤝 3. LeafLink Flex Pay
Cash flow shouldn’t limit growth. Flex Pay lets buyers purchase inventory now and pay later, while brands receive payment upfront.
- Extend payment terms for buyers
- Eliminate manual follow-ups
- Build stronger brand relationships
- Reduce bad debt expense
- Make cash flow more even and predictable
With Flex Pay, everyone wins, buyers preserve liquidity, and brands stay cash-positive.
The Future of Cannabis Payments
Accounts receivable will always be a part of doing business, but with the right tools, it doesn’t have to be a headache. As payments in cannabis continue to modernize, operators who embrace digital invoicing, financing, and automated AR solutions will have a clear competitive edge.
At LeafLink and Dama Financial, our aim is simple: To make it easier and safer for cannabis businesses to get paid, stay compliant, and scale faster. Learn more here.