About this event
Accounts receivable debt isn't just a problem for unpaid vendors, Adam Stettner, CEO of lender FundCanna, says it's arguably the largest working capital constraint and risk in the supply chain. Stettner and Brett Gelfand, founder of debt collector CannaBIZ Collects and the Cannabiz Credit Association, will discuss the scope of the problem and how to fix it.
Hosted by
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External speaker
Alex Halperin Editor in Chief @ WeedWeekE
Alex Halperin is the founder and editor of WeedWeek, which he has been writing since 2015. His reporting on the legal cannabis industry and other business topics have appeared in Fast Company, The Washington Post, Slate, BusinessWeek, Fortune and many other publications. A Los Angeles Times/WeedWeek investigation into pesticide contaminated weed won a 2025 Loeb Award for business reporting. Halperin lives in southern California.
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External speaker
Adam Stettner Founder & CEO @ FundCannaE
Adam has more than 30 years of business, strategy and leadership experience in both private and public companies, including over 20 years dedicated exclusively to financing underserved markets. Prior to founding FundCanna, Adam ran companies that collectively provided nearly $20 billion in on-balance-sheet funding to consumers and small- to mid-sized businesses. In 2021, Adam believed the timing and opportunity was right for him to bring his passion for business, innovative financing product ideas and entrepreneurial spirit to the cannabis sector by founding FundCanna. FundCanna provides short-term funding to all areas of the sector; cultivators, manufacturers, vendors, suppliers, distributors, retailers and the ancillary businesses that service them. Since inception, FundCanna has deployed nearly $250M in capital to over 4,300 accounts, delivering more than 50% revenue growth post-funding with minimal defaults and providing much-needed liquidity to the legal cannabis industry.
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External speaker
Brett Gelfand Managing Partner @ CannaBIZ CollectsE
Brett is an accomplished entrepreneur in the cannabis industry, known for building successful brands and businesses. His career began in 2015 as CEO of a vertically integrated cannabis company in Colorado, where he gained extensive industry knowledge. He later co-founded a specialty child-resistant cannabis packaging business, serving as CEO and successfully selling his ownership stake in 2022. Currently, as Managing Partner of CannaBIZ Collects, the nation’s first and leading cannabis collection agency, Brett leverages his expertise to help cannabis businesses navigate the complex legal and financial landscape related to credit and collections. Brett is also the founder of the Cannabiz Credit Association, the first cannabis credit bureau providing risk monitoring and credit reporting to the industry, helping cannabis companies make informed decisions and manage financial risk.
