LeafLink, an online wholesale marketplace that connects cannabis dispensaries with marijuana product manufacturers and distributors, closed a $10 million Series A funding round to help the company expand further into the massive California cannabis market. The Golden State is getting ready to launch adult-use sales on January 1, 2018.
About three years ago, Boston-based startup Bevi launched its tech-enabled take on the traditional water cooler by installing an initial batch of about a dozen of its machines at local offices. Since then, the company says around 1,000 of the Internet-connected beverage kiosks have been deployed in the offices of approximately 370 companies, including Apple, AT&T, Fidelity, GE, and Netflix.
LeafLink, an NY-based wholesale management platform for the cannabis industry, has closed a $750k seed round led by group of NY angel investors.
The software platform is designed to support participants in a B2B supply chain, providing basic tools designed to save money for retailers and allow producers to get better pricing for their product.