Cannabis B2B receivables
Know when your products sell. Know when payment should be due.
Leonidas connects regulated transfer records to retail sell-through signals, giving cultivators, processors, and brands a single supplier-facing view of what moved, what sold, and what's still owed.
Market Context
The debt problem is no longer invisible.
Wholesale cannabis runs on trade credit. The financial status of those credit relationships usually lives outside the regulated systems that already track product movement.
$6 Billion
Cannabis debt maturing by end of 2026, intensifying pressure on supplier payments
82%
of cannabis cultivators and processor have delinquent receivables
44%
of survey respondents say delinquent AR impairs their ability to service debt
90 Days
how long cannabis suppliers routinely wait to get paid
What Leonidas is
Leonidas Credit is the reconciliation layer for cannabis B2B receivables, built on regulated transfer data and operator-permissioned access.
Every position is Metrc-linked, anchored to the regulated transfer that created it. Daily reconciliation matches those transfers to retail sell-through, and operator-permissioned access keeps each operator in control of exactly which cannabis B2B receivables data is shared. The result is an audit-ready record that traces every figure from transfer manifest to sale event to settlement status.
The Problem
Product data and payment accountability are still disconnected.
Metrc can show a transfer. POS and compliance systems can show a sale. Accounting tools can show an invoice. The question that gets buried: did my product sell, and does that change what should be owed under our terms today?
Product moves downstream
Regulated transfers and package lineage are captured at handoff. That handoff does not automatically create supplier-facing visibility after delivery.
Suppliers lose visibility
After product reaches retail, upstream teams often rely on spreadsheets, manual updates, aging reports, and collections calls.
Terms lack a trigger
If payment depends on sell-through, suppliers need a reliable way to know when the sale event actually occurred.
Records fragment quickly
Transfers, packages, sale events, invoices, exceptions, and payment status are reviewed across separate tools.
Two streams of data Leonidas connects.
Regulated transfer records flow downstream. Retail sell-through signals flow upstream. Leonidas is the layer where they meet, producing supplier-facing records that make receivables easier to monitor and easier to explain.
Two streams of data Leonidas connects.
Regulated transfer records flow downstream. Retail sell-through signals flow upstream. Leonidas is the layer where they meet, producing supplier-facing records that make receivables easier to monitor and easier to explain.
HOW LEONIDAS WORKS
Start with data already created by the regulated workflow.
Leonidas works with data the regulated workflow already creates and organizes it into supplier-facing visibility, matching, dashboards, and daily updates.
01
Authorized data access
Ingest permitted Metrc data for participating licensees through state Metrc Connect endpoints and customer-approved data workflows.
02
Package and product context
Organize packages, items, licenses, transfers, inventory positions, and supplier relationships into a structured record.
03
Sell-through matching
Match available sale events back to originating packages and suppliers so downstream retail activity becomes visible upstream.
04
Receivables context
Compare sell-through timing with the supplier's payment terms, AR records, and account status to surface what may require attention.
05
Daily visibility
Deliver dashboards and grouped daily supplier updates instead of scattered spreadsheets, calls, screenshots, and one-off alerts.
06
Reporting &
Dashboards
Visualize inventory, sell-through, and receivables data through supplier-facing dashboards and reports built for review, sharing, and audit support.
Who it helps
Built first for upstream suppliers. Designed to inform the broader ecosystem.
Leonidas centers first on the operators carrying receivables risk today. Cleaner records create downstream value for financial institutions and regulators over time.
OUR COMPANY
About Leonidas Credit
Building the financial visibility layer for regulated cannabis commerce.
Leonidas Credit is a software company founded by Dave Loftus and built with Tivity Labs. The platform helps cultivators, processors, and brands understand downstream sell-through and receivables risk before it becomes bad debt.
Platform Scope
Operates across regulated U.S. cannabis markets. Connects to Metrc and customer-approved data sources.
Independent of payment networks and banking infrastructure.