Cannabis Debt Collection Agency in California
If you're in the cannabis industry in California and need to recover unpaid debts, CannaBIZ Collects is your trusted partner. In a state where everyone seems to owe money, we offer professional & effective solutions.
Cannabis debt collection in California made easy.
CannaBIZ Collects is the number one source for legal cannabis collections and accounts receivable management in California. We have a team of experts in California ready to help you recover your money. We are specially adapted to the legal cannabis industry debt recovery with a no collection, no fee policy. This risk-free approach aligns our success with yours, providing a cost-effective solution tailored to the specific needs of the Californian cannabis industry, without any upfront costs.
STEP 1
CLAIM SUBMISSION
Submit a claim using our online form so we can know how much you’re owed, by whom, and the age of the monies owed.
STEP 2
DEBT COLLECTION
We will start the collection process as soon as we receive your claim and signed fee agreement. If we can’t collect, you don’t pay.
STEP 3
CONTINGENCY FEE
Upon the success of the collection, you will be charged a contingency fee based on the total amount that was collected.
NO COLLECTION. NO FEE. PERIOD.
Why use a cannabis debt collection agency in California?
NUMBER ONE STATE
CALIFORNIA
California was one of the first states to go legal and extend licenses for the cannabis industry. It is plagued with bad debtors and delinquent accounts.
PERCENTAGE OF OUR BUSINESS
50%
50% of the current claims that we process at CannaBIZ Collects come from California. As a specialized cannabis debt collection agency in California, we already have relationships and contacts with debtors to get you first in line to get paid.
LEGAL NETWORK
TO SUE
We have a specialized network of attorneys in California to escalate to legal if necessary on a complete contingency basis. Teaming up with specialized cannabis lawyers is the difference between getting paid or having to write-off an account.
FEATURED CLIENTS IN CALIFORNIA
How to sue a cannabis company in california
DEBT COLLECTION EFFORTS
Begin by using a specialized cannabis debt collection agency in California to recover the outstanding debt. Agencies like ours have expert collectors with a deep understanding of California's cannabis industry regulations, maximizing the chances of successful debt recovery without resorting to legal action.
EVALUATE THE SITUATION
If traditional debt collection efforts fail, assess whether suing the cannabis company is the right course of action. Consider factors such as the amount owed, the company's ability to pay, and the potential costs of legal proceedings. Our team of expert collectors will guide you and recommend litigation in a case-by-case scenario.
CONTINGENCY-FEE LEGAL
If a lawsuit is necessary, work with a contingency-fee legal network that specializes in cannabis debt collection. This network will handle the legal process, from filing the lawsuit to navigating the unique legal landscape of California's cannabis industry, without upfront legal fees.
PROCEED WITH LITIGATION
Our legal network will initiate the lawsuit on your behalf, pursuing the case through the appropriate California courts. Their expertise ensures that all legal requirements are met, increasing the likelihood of a favorable outcome and debt recovery through legal means.
FAQs about cannabis debt collection in California
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CannaBIZ Collects is the best debt collection agency in California. Founded with more than 35 years of collection industry experience and along side former cannabis operators. CannaBIZ Collects is uniquely equipped to handle every cannabis related accounts receivable issue in California, both adult-use and medical.
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CannaBIZ Collects is uniquely positioned to be the leader in cannnabis and cbd related collection matters in California for 2 reasons. #1: CannaBIZ Collects is the first and leading collection agency focused solely within the cannabis industry. This creates a major advantage in regards to our understanding, database and connections in the industry to yield a quicker and higher success rate than other agencies. #2: All claims received by CannaBIZ Collects is managed by our in-house partners, who have over 30 years of commercial collection and collection law experience.
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Typically CannaBIZ Collects can settle a debt in California within 45 days. We work hard and fast to contact your vendor and finalize a settlement as soon as possible. CannaBIZ Collects assists in contract drafting and settlement agreements to ensure the settlement comes through without hiccups or delays.
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If our cannabis collection efforts in California are unsuccessful, at this point we will inquire with our client if we should proceed with litigation or to close out the account. Cannabis litigation in California is authorized on a case by case basis with insight and guidance from our expert team at CannaBIZ Collects.
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Once you submit a claim, our CannaBIZ Collects team in California will start working on collecting your money. This process can take up to 45 days. Any time the California collection team has updates, they will share it with you through e-mail. Please feel free to send us an email with any questions you may have regarding the cannabis debt collection process in California.
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Yes, we offer the the option to escalate the matter to legal. We work with associated attorneys in California to litigate claims on behalf of our clients if we are unsuccessful with our collection efforts.
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If you're in the cannabis industry in California and struggling to collect unpaid debts, partnering with a specialized cannabis debt collection agency like CannaBIZ Collects is essential. Navigating the unique challenges and regulations in the California cannabis market requires industry-specific expertise and effective strategies. Our dedicated team at CannaBIZ Collects has the experience and tools needed to recover your money quickly and efficiently, ensuring that your business remains financially secure while maintaining strong relationships with your clients.