Turbotodd

Ruminations on tech, the digital media, and some golf thrown in for good measure.

Archive for August 12th, 2019

Seed Capital

leave a comment »

Crunchbase is reporting that cannabis industy wholesale marketplace LeafLink has closed a $35 million Series B round of funding led by Thrive Capital.

It’s high times for VC in the cannibis arena, and this investment is the largest tech B round in the space, according to the company.

The company got $3M in seed funding in early 2017, and the company’s e-commerce marketplace connects more than 1,200 licensed cannabis brands to over 3,500 retailers and has facilitated more than $1B in annualized orders, according to Cruncbase’s reporting.

LeafLink charges a $299 minimum monthly subscription fee for its software, which is arguably cheaper and easier than rolling your own.

Of course, you’re on your own for Doritos and Ding Dongs for the munchies.

Written by turbotodd

August 12, 2019 at 9:59 am

Posted in 2019, cannabis, e-commerce

Tagged with , ,

%d bloggers like this: