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About LeafLink
Industries
Food & Agriculture
Consumer Software
Company Size
201-500
Company Stage
Series D
Total Funding
$222.8M
Headquarters
New York City, New York
Founded
2016
Overview
LeafLink operates as a wholesale platform in the cannabis industry, connecting retailers, brands, and distributors. It provides e-commerce tools that facilitate efficient order management, allowing businesses to send and receive orders seamlessly. The platform features user-friendly dashboards for tracking order status and messaging tools to enhance communication among users. LeafLink differentiates itself by managing a significant portion of the US wholesale cannabis market, with over 12,000 companies using its services to handle more than $4.5 billion in orders annually. Its goal is to optimize the cannabis supply chain and reduce administrative burdens for its clients while offering resources to help businesses navigate the cannabis market.
Simplify's Take
What believers are saying
- Acquisition of Leaf Trade enhances LeafLink's marketplace offerings and technology tools.
- Partnership with NYCRA strengthens LeafLink's position in the New York cannabis market.
- LeafLink's fintech solutions address cannabis industry's banking challenges, driving growth.
What critics are saying
- Integration challenges from Leaf Trade acquisition may disrupt service continuity.
- Regulatory scrutiny on Payment on Sell Through could impact financial service offerings.
- Dama Financial acquisition exposes LeafLink to increased cannabis banking regulatory risks.
What makes LeafLink unique
- LeafLink connects over 12,000 cannabis businesses with streamlined e-commerce and CRM tools.
- The platform manages 52% of US wholesale cannabis, showcasing its industry dominance.
- LeafLink offers unique financial solutions, including Payment on Sell Through and integrated banking.
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Funding
Total Funding
$222.8M
Above
Industry Average
Funded Over
7 Rounds
Founders FundIndustry standards
Benefits
Comprehensive health coverage
401k plan
Company equity
Team outings + events
Flexible PTO + holidays
Employee volunteer days
Growth & Insights and Company News
6 month growth
↑ 5%1 year growth
↓ -1%2 year growth
↓ -4%For retailers, LeafLink has also rolled out a new offering called LeafLink Plus.
Combined companies are estimated to facilitate nearly $9 billion in wholesale gross merchandise value (GMV) yearlyAcquisition further streamlines technology tools available for cannabis operators to run their businesses more efficiently LeafLink's suite of cannabis solutions now includes B2B Marketplace tools, business banking, payment options like Payment on Sell-Through, data insights, B2B advertising, and retailer toolsNEW YORK, Nov. 26, 2024 /PRNewswire/ -- LeafLink, the nation's leading cannabis wholesale platform, today announced it has acquired Leaf Trade, a wholesale marketplace primarily used by multi-state operators (MSOs) and enterprise cannabis companies.With this deal, LeafLink will support the full spectrum of cannabis businesses, from small brands and retailers to MSOs, with robust marketplace offerings and industry-leading tools. The LeafLink and Leaf Trade technology platforms will operate as-is without disruption while a full integration roadmap is rolled out
NEW YORK - LeafLink, a leading cannabis wholesale platform, launched Payment on Sell Through (PoST), a first-of-its-kind payment option for cannabis wholesale that guarantees payments to brands as retailers pay for what they sell.
In July of 2024 LeafLink announced the acquisition of leading cannabis banking platform Dama Financial and was also awarded Green Market Report's Best Cannabis Fintech.
LeafLink buys Dama Financial for undisclosed amount.
There are no jobs for LeafLink right now.
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About LeafLink
Industries
Food & Agriculture
Consumer Software
Company Size
201-500
Company Stage
Series D
Total Funding
$222.8M
Headquarters
New York City, New York
Founded
2016
There are no jobs for LeafLink right now.
Find jobs on Simplify and start your career today