Who we help
Leonidas Credit reconciles cannabis B2B receivables for growers, brands, financial institutions, and regulatory agencies by matching regulated Metrc transfers to retail sell-through, so every dollar owed is visible.
The common thread
Every regulated cannabis market tracks product from cultivation to retail sale. No market tracks whether the invoices behind those transfers were paid. With more than $3.8 billion in delinquent cannabis receivables on operator books, that gap lands differently on every participant in the supply chain.
Cultivators carry the longest cash-conversion cycle in cannabis, routinely waiting 90 days or more to get paid after product ships.
Brand visibility ends at the loading dock while sell-through data sits inside the retailer POS, leaving AR to age against an unverifiable trigger.
Without reconciled AR records, cannabis lenders underwrite against self-reported balances and price credit at 33% to 50% interest.
Seed-to-sale systems capture every regulated transfer, but settlement status lives outside the compliance record entirely.
Who we serve
Leonidas Credit serves four client segments from a single source of truth for cannabis receivables. Every view is built on the same Metrc-linked, daily-reconciled record. Choose your segment to see what the platform does for businesses like yours.
Track every Metrc package after delivery, see inventory remaining at each dispensary, and reconcile AR aging against actual retail sell-through. Cleaner records turn collections calls into terms negotiations.
Follow finished goods from transfer manifest to retail sale by SKU, account, and package. Sell-through velocity, days on shelf, and receivables context in one brand view.
Underwrite, monitor, and audit cannabis exposure with operator-permissioned AR records that resolve to regulated transfer data instead of self-reported aging.
Aggregate, anonymized, opt-in visibility into how regulated transfers settle across the market. Policy intelligence and audit support, never enforcement.
Estimate your value
Each estimator models the dollar value of receivables visibility for a typical business in your segment, combining published industry benchmarks with your own numbers. Select a tab to see your estimated impact.
Enter your annual wholesale revenue, credit terms, and collection timeline to estimate working capital unlocked, past-due exposure reduced, and the annual impact of enforceable payment terms.
Estimate how much brand revenue, inventory, and partner-payment visibility may be hidden across your state markets, licensed partners, and dispensary accounts.
See how Metrc-linked sell-through evidence and inventory-at-dispensary visibility could reduce expected loss on a cannabis AR or inventory financing exposure.
Estimate the annual state cannabis tax revenue lost to unpaid B2B wholesale debt across your regulated market.
Estimates are illustrative only and are not financial, legal, tax, or credit advice. Results depend on customer data quality, payment terms, counterparty behavior, and market conditions.
One platform
Four audiences, one platform, one reconciled record. The same system that alerts a cultivator to a missed sell-through trigger gives a lender an audit-ready AR file and an agency a market-level settlement signal.
Every receivables position is anchored to the regulated Metrc transfer that created it, with package IDs, manifests, and license endpoints attached to every figure.
Retail sell-through events are matched to originating packages every day, keeping inventory, velocity, and AR aging current without manual updates.
Operators control exactly which data is shared, with whom, and for how long. Access is scoped, logged, and revocable at any time.
How the value compounds
Receivables visibility compounds. When cultivators and brands reconcile AR against retail sell-through, lenders gain a credible signal for financing diligence and regulators gain an honest read on market health, all without anyone surrendering control of their data.
Cleaner AR records
Verified sell-through
Credible collateral signal
Market-health insight
Who it helps
Leonidas centers first on the operators carrying cannabis B2B receivables risk today, the growers and brands who extend trade credit. Cleaner records create downstream value for financial institutions and regulators over time.
Leonidas is built around a simple premise: product movement, sell-through evidence, receivable context, and settlement status should be visible in one cannabis B2B receivables record before delinquent cannabis receivables become a collection fight, resolved on shared evidence rather than on memory and goodwill.
Visibility first. Reconciliation first. Audit-ready evidence before cannabis wholesale late payments turn into disputes.
