A fast-growing cannabis tech company just raised $10 million in a bid to dominate the market
LeafLink, an online commerce platform for cannabis dispensaries, raised $10 million from venture capital firms to expand its business in California as the state prepares to allow sales of recreational marijuana, according to CEO Ryan Smith.
The oversubscribed round comes on the heels of a $3 million seed round LeafLink closed in February of this year.
The round was led by Nosara Capital, a London-based firm, and included Casa Verde, a venture capital firm that focuses on early-stage ancillary investments in the cannabis industry, and Lerer Hippeau Ventures, which has invested in companies such as Venmo, Casper, and Warby Parker.
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