CTrust Services: Empowering Cannabis Industry Stakeholders Beyond Credit Scoring

CTrust, renowned for its pioneering role in credit scoring and monitoring for the cannabis sector, has introduced a new consulting arm named CTrust Services.

This expansion is geared towards delivering data-driven analytics and guidance to cannabis creditors and distressed asset managers.

See Also: Expanding Your Cannabis Brand: Which Model Is Most Profitable? Asset-Light, Asset-Heavy Or Partnerships?

CTrust Services leverages its proprietary auctioning technology, Cobra, which has been court-approved and has overseen auctions exceeding $12 million in cannabis assets.

The division's expertise extends beyond credit scoring, per a press release.

Dotan Y. Melech, a founding member who previously served as COO, has taken on the role of CTrust CEO. This transition aligns with CTrust's mission to meet the industry's evolving demands, particularly in light of the distress levels plaguing the cannabis sector. "75% of the industry’s assets are distressed," noted Melech.

Simultaneously, Giadha A. DeCarcer, another founding member and former CEO, has shifted her focus to champion global support for female entrepreneurs. DeCarcer envisions integrating CTrust's investment risk algorithm with her commitment to advancing women in business.

Her objective is to revolutionize non-profit funding acquisition and distribution, emphasizing principles of equity, scalability and self-sustainability.

Interested in learning more about the cannabis industry, consider joining us at the 17th edition of the Benzinga Cannabis Capital Conference in Chicago on September 27-28. Get your tickets today before prices increase and secure a spot at the epicenter of cannabis investment and branding.

Read Next: From Margins To Center Stage: Driving Inclusivity In Journalism, Voices Reporting On Cannabis & Psychedelics

Image by El Planteo