Aug 12, 2019
Leaflink Receives Additional Funding

Leaflink, a wholesale management platform for the cannabis industry, recently announced that it has received a $35 million Series B round of funding.

Leaflink is used by dispensaries for inventory ordering from multiple brands. The company also provides other services for vendors like customer relationship management, customized reporting services, order management, and inventory tracking.

According to reports, the funds will aid in the company’s expansion plans, including recruitment efforts in both its Los Angeles and New York offices. To date, the company has approximately 65 employees.

The funding also is expected to be used to ramp up LeafLink’s Financial unit, a payment and credit management service for cannabis retailers and brands. The service currently is live in four states.

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