FundCanna and BLAZE Establish Strategic Partnership to Fuel Growth for Cannabis Retail Sector
Oct 01, 2024•10 months ago
Contract Type
partnership
Description
FundCanna and BLAZE have partnered to address the payment constraint issue in the Cannabis industry by offering a financial solution for BLAZE clients, assisting dispensaries in managing their revenue cycle with predictability. With access to financing from FundCanna, dispensaries can ensure timely payments and purchase inventory in larger quantities, leading to better pricing, improved inventory turnover, and more favorable terms with suppliers.
Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months