Calif. lawmakers weigh payments mandate

A new report this week from Whitney Economics estimated that cannabis businesses nationwide owe a combined $3.8B in unpaid accounts receivable, with the amount expected to jump 10% this year. But is government enforcement the answer?

This week the California State Assembly's Business and Professions Committee heard testimony on A.B. 2888 that would require all bills to be paid within 15 days of the due date. When a bill doesn't get paid the licensee would have to report it to the Department . . .