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Podcast: Grassroots Marketing
Episode: Leaflink's Payment Revolution: Addressing Cannabis Industry Challenges with Matt Hutchinson
Description: Matt Hutchinson, SVP of Product and Head of Logistics at Leaflink joins the discussion to explore their innovative payment on sale through (POST) model. This consignment-style system guarantees payment to cannabis brands upon consumer sale, while providing retailers with capital relief and brands with real-time sales data. Hutchinson details the system's features for brand protection, automated fund movement, and how it mitigates overstocking issues. The conversation also highlights Leaflink's acquisition of DAMA to build a robust financial infrastructure, including a mobile banking app and credit lines. The episode addresses the significant delinquent payment problems in the cannabis...