LeafLink

LeafLink

Wholesale cannabis B2B platform enabling orders

Overview

LeafLink is a wholesale platform for the cannabis industry that connects retailers, brands, and distributors. It provides e-commerce tools that let businesses send and receive orders, manage orders, track status through dashboards, and communicate via messaging. It also offers a network of compliant cannabis businesses and membership-based access to order management, CRM, and reporting tools, with retailers able to shop from multiple brands for free. The platform serves brands and distributors by giving them exposure to licensed retailers and a centralized set of tools, while retailers can centralize their orders and information across brands through a single interface. LeafLink handles a large share of the market, processing billions in orders, and operates in many markets with thousands of member companies. Its goal is to simplify the cannabis supply chain, reduce administrative work, and help businesses grow by providing a scalable, connected marketplace.

About LeafLink

Simplify's Rating
Why LeafLink is rated
A-
Rated A on Competitive Edge
Rated A on Growth Potential
Rated B on Differentiation

Industries

Data & Analytics

Enterprise Software

Legal

Company Size

51-200

Company Stage

Series D

Total Funding

$479M

Headquarters

New York City, New York

Founded

2016

Simplify Jobs

Simplify's Take

What believers are saying

  • Acquired Dama Financial in July 2024, integrating compliant banking services.
  • Raised $125M Series D from Tiger Global and Thrive Capital.
  • Expanded to 34 US markets by February 2026, driving network effects.

What critics are saying

  • Dutchie undercuts with integrated retail-to-wholesale tools, poaching retailers.
  • Schedule III rescheduling lets Chase enter banking, obsoleting Dama acquisition.
  • Missouri operators exit over LeafLink's 1,500-2,000% price hike.

What makes LeafLink unique

  • LeafLink manages 52% of US wholesale cannabis across 34 markets.
  • Acquired Leaf Trade in November 2024, supporting $9B annual GMV.
  • Launched PoST in 2024, guaranteeing brand payments on retail sell-through.

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Funding

Total Funding

$479M

Above

Industry Average

Funded Over

8 Rounds

Notable Investors:
Series D funding is typically for companies that are already well-established but need more funding to continue their growth. This round is often used to stabilize the company or prepare for an IPO.
Series D Funding Comparison
Above Average

Industry standards

$77M
$70M
Twilio
$80M
Handshake
$100M
Affirm
$100M
LeafLink

Benefits

Comprehensive health coverage

401k plan

Company equity

Team outings + events

Flexible PTO + holidays

Employee volunteer days

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

1%

2 year growth

6%
Oso
Nov 4th, 2025
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Cannabis Business Times
Sep 3rd, 2025
LeafLink Partners With Confia to Deliver Best-In-Class Cannabis Banking Services

LeafLink partners with Confia to deliver best-in-class cannabis banking services.

Latest Nigerian News
Aug 27th, 2025
LeafLink raises $40M in Series C round

LeafLink announced it raised a $40 million Series C round, led by Founders Fund with participation from Thrive Capital, Nosara Capital, and Lerer Hippeau. This brings LeafLink's total funding to over $90 million. This round marks Founders Fund's largest technology investment in the cannabis sector.

LeafLink
Mar 18th, 2025
LeafLink Named to Fast Company's Annual List of the World's Most Innovative Companies of 2025

New York, New York, March 18, 2025 - LeafLink is proud to have been named to Fast Company's prestigious list of the World's Most Innovative Companies of 2025.

Cannabis Now
Dec 22nd, 2024
LeafLink, Powering Cannabis With Next-Level Fintech and Tools

For retailers, LeafLink has also rolled out a new offering called LeafLink Plus.

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