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Karma Koala Podcast 335: Kraig Fox – Reklaim and Credit Reporting For Cannabis In The US, “We Can’t Keep Up With The Phone Calls”


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https://www.podomatic.com/podcasts/karmakoalapodcast/episodes/2026-09-23T23_40_10-07_00

Business, or for that matter life, in the US doesn’t operate without credit reports.

Cannabis needs it desperately so it’s good to see somebody taking the issue seriously.

 

 

Kraig Fox

I am the Founder and CEO of REKLAIM Credit Solutions, a commercial credit rating and reporting agency built specifically for the regulated cannabis industry.

Cannabis runs on trade credit, but companies throughout the supply chain have historically extended millions of dollars in unsecured terms without access to the commercial credit intelligence available in virtually every other major industry.

REKLAIM is being built to change that.

We combine cannabis-specific accounts receivable and payment history, public records, regulatory data and predictive analytics to help businesses evaluate commercial credit risk before extending terms — including credit scores, suggested credit limits, credit reports and ongoing monitoring.

My interest in the problem comes from both sides of the table.

I have spent more than a decade as an investor, advisor and operator in cannabis and more than 30 years building, operating, financing and consolidating businesses.

Earlier in my career I helped build companies that became part of iHeartMedia, Live Nation and Core Media. I subsequently held senior leadership and investment roles at Guggenheim Partners and Eldridge Industries and served as President and CEO of High Times.

Across that career I have overseen more than 100 M&A transactions representing more than $10 billion in aggregate transaction value through six public-company platforms.

Today, much of my work and writing focuses on a different infrastructure problem:

How should cannabis companies decide who deserves trade credit, how much credit they should receive, and when changing payment behavior indicates that risk is increasing?

I regularly write about:

• Cannabis trade credit
• Commercial credit risk
• Accounts receivable and AR aging
• Payment behavior and delinquency
• Credit scoring and credit limits
• Collections and bad-debt prevention
• Working capital and cash conversion
• Cannabis finance and industry consolidation

I also remain Founder and Managing Partner of U-Bet Advisory, where I advise companies and investors on M&A, corporate strategy, capital structures and consolidation.

REKLAIM Credit Solutions: www.reklaim.io

Know who won’t pay Before they don’t pay

Cannabis runs on trade credit, extended almost entirely on gut feel. Reklaim Credit Solutions is a third-party credit reporting and rating agency built by the foremost experts in predictive metrics and designed specifically for the regulated cannabis industry. Rate customers, price risk, and extend trade credit terms on data.

Leran More about the company here

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