Kiva Sales & Service, CannaCraft, Calyx Peak, FundCanna, Glass House Brands (OTCQX: GLASF) (OTC: GHBWF), HERBL, Lowell Farms (OTCQX: LOWLF), Nabis, Sunderstorm, The Parent Company (OTCQX: GRAMF) and Petalfast with support from Cannabis Distribution Association announced the formal launch of Financial Stability for California Cannabis.

“Collections and outstanding debt related to unpaid invoices are key challenges facing cannabis operators of all types across the state, from cultivators to manufacturers, vertical brands to wholesalers, and everyone in between,” stated Vince Ning, co-founder and co-CEO of Nabis. “Advocacy for solutions is largely an issue siloed to individual operators or …

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