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Leaf Trade Closes $12.5M Series B Round, And Names Brian Ward Cfo

Leaf Trade Closes $12.5M Series B Round, And Names Brian Ward Cfo

04/12/22, 7:00 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgchicago
Money raised
$12.5 million
Round Type
series b
Leaf Trade, a technology company whose platform facilitates ordering and fulfillment for sellers and buyers of wholesale cannabis products, closed its $12.5 million Series B preferred round, led by Artemis Growth Partners, bringing funding to date for Leaf Trade to a total of $22.5 million.

Company Info

Company
Leaf Trade
Location
chicago, illinois, united states
Additional Info
Leaf Trade is the fastest-growing B2B cannabis technology platform powering the industry's leading wholesale cannabis marketplace and digital payment infrastructure. Leaf Trade powers ordering and fulfillment for cultivators, retailers, distributors, processors, and dispensaries in over 24 states, and facilitates nearly $2B in annualized net sales. Leaf Trade is partnered with the leading multi-state and single-state operators who are driving cannabis growth at an industry expansion rate of over 25% per year. Market revenues for the overall US cannabis market are expected to exceed $60 billion by 2025.