CTrust and CRB Monitor Partner to Support Business Risk Scoring for Cannabis Companies
Corporate intelligence leader teams up with cannabis fintech innovator to deliver the industry’s most robust risk assessment platform for licensed operators.
Cannabis Buzz Is Wearing Off for Industry’s Private Lenders
With equity investors on the sidelines, cannabis operators have turned to debt to finance their businesses.
Banks Stand To Generate Over $2 Billion In Revenue From Marijuana Industry Interest Payments By 2035, New Report Finds
Banks could earn over $2 billion in cannabis-related interest payments by 2035, highlighting the industry’s growing financial potential amid evolving legalization and compliance challenges.
U.S. Cannabis Industry Requires Up to $130B to Grow, Offering Massive Revenue Potential for Financial Institutions
Whitney Economics Collaborates with CTrust and Green Check to Identify Lending Needs and Opportunities in Cannabis Sector
Apartment 113 Episode 107 – Dotan Melech & Bob Hoban, CTrust
CTrust Chairman Bob Hoban and CEO Dotan Y. Melech join host Rob Sanchez of Apt. 113 to share their journeys and experiences with the cannabis industry, discuss how the current challenges with financing are leading to more receiverships, and how cannabis risk assessments – the Cannabis Trust Score™ – can help the industry better manage risk and prepare them for future lending programs from financial institutions.
Bridging The Gap Between Financial Institutions And Cannabis Industry With Credit Scores
CTrust launches Cannabis Trust Score, offering transparent risk assessment for cannabis businesses seeking loans.
Financial institutions now have access to tools that evaluate cannabis companies’ credit worthiness.
CTrust’s tailored approach helps cannabis businesses access capital, improving loan terms and credit options.
Money Doesn’t Grow On Trees, But It Helps Grow Your Cannabis Business: New Partnership Expands Access To Lending
Green Check Verified announced Wednesday that it has entered into an exclusive partnership with CTrust and Coda Capital Advisors.
The new partnership will provide a platform for financial institutions to start lending to compliant cannabis-related businesses.
The Cannabis Industry Needs Standardized Methods of Risk Assessment
Standardized risk evaluation and credit scoring are crucial to advancing the cannabis industry.
CTrust Founding Member and CEO Dotan Y. Melech penned an article earlier this week in American Banker highlighting how the emergence of lending policies based on data-driven risk analyses will foster a stronger and more equitable financial landscape across the industry.
How a Technology Startup Fills Credit Risk Gaps for Cannabis Businesses
Cannabis retailers usually do not have an extensive debt record when applying for credit, creating a niche that CTrust is trying to fill with a specialized score to inform lending. CTrust’s recently launched Cannabis Trust Score, or CTS, considers financial data as well as ongoing regulatory and operational changes that affect the cannabis industry.
First Business Credit Score Reports for Cannabis Industry Officially Launch From CTrust
Credit-Scoring System Yields Unprecedented Level of Transparency, Benefiting Financial Institutions, Investors and Cannabis Business Owners ——- CTrust, the first and only cannabis business credit scoring and risk monitoring agency, announced today the beta launch of its cannabis credit scoring platform, now available to financial institutions, investors and business owners.