CannaBIZ Collects – Specialized Debt Recovery for the Industry
Who They Are
CannaBIZ Collects is the first and leading debt collection agency built specifically for the cannabis industry. Founded in 2017 and based in St. Petersburg, Florida, they’ve helped over 1,000 plant-touching and ancillary businesses recover more than $140 million in outstanding debts. They know the industry, and more importantly, they know how to get you paid.
What They Do
CannaBIZ Collects provides end-to-end receivables management designed for operators and vendors in the space. Their services include:
Traditional debt collection
First-party accounts receivable management
Settlement negotiation
Legal escalation through a national attorney network
Credit reporting on delinquent accounts
They operate on a contingency basis—meaning if they don’t collect, you don’t pay.
Where They Operate
CannaBIZ Collects serves licensed businesses in every major legal market across the U.S. and Canada. That includes state-level operations in California, New Mexico, Michigan, New York, Florida, Colorado, and many more. If your market is legal, they’re probably already there.
When You Can Schedule
They offer a fast intake process: submit your claim, get a consultation, and launch recovery efforts—often resolving collections within 30 to 45 days. You can start anytime, whether you’re chasing one unpaid invoice or managing a portfolio of overdue accounts.
Why Work With Them
This isn’t just another collections agency. CannaBIZ Collects was built by professionals who understand the unique struggles of cannabis finance: the handshake deals, the unpaid POs, the radio silence after delivery. They bring a high success rate—reportedly around 85%—and handle everything discreetly and professionally. Businesses trust them because they deliver results without adding drama to already tense financial situations.
Whether you're a cultivator, brand, distributor, or ancillary provider, CannaBIZ Collects offers peace of mind and cash flow recovery when it matters most.
