LeafLink

LeafLink

Wholesale platform for cannabis commerce

About

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 and communication among over 8,400 retailers and 3,700 brands and distributors. The platform simplifies the cannabis supply chain by offering user-friendly dashboards for tracking orders and messaging features for streamlined communication. LeafLink differentiates itself by managing a significant portion of the US wholesale cannabis market, with 52% market share and presence in 30 markets, serving over 12,000 companies. Its goal is to optimize the cannabis commerce experience, reduce administrative burdens, and support sustainable growth in the industry.

Company Stage

Series D

Employees

201-500

Industries

Enterprise Software, Consumer Goods

Total Funding

$222.8M

Headquarters

N/A

Founded

2016


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Simplify's Take

What believers are saying

  • LeafLink's strategic partnerships, such as with the New York Cannabis Retail Association and Leafgistics, enhance its service offerings and market reach.
  • Winning the Green Market Report Finance Award for best financial tech provider highlights LeafLink's innovative payment solutions in a challenging banking environment.
  • The potential reclassification of cannabis as a Schedule III drug could significantly ease payment and banking restrictions, benefiting LeafLink's business model.

What critics are saying

  • The cannabis industry remains highly regulated and subject to legal uncertainties, which could impact LeafLink's operations and growth.
  • Dependence on the evolving legal landscape for cannabis banking solutions poses a risk to LeafLink's financial services.

What makes LeafLink unique

  • LeafLink's platform specifically caters to the cannabis industry, providing a tailored solution that addresses unique regulatory and operational challenges faced by cannabis businesses.
  • The company manages 52% of all US wholesale cannabis, demonstrating its dominant market presence and extensive network.
  • LeafLink's comprehensive suite of e-commerce tools, order management, CRM, and reporting features offer an all-in-one solution that simplifies the cannabis supply chain.

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Growth & Insights
Headcount

6 month growth

26%

1 year growth

24%

2 year growth

-24%

Benefits

Comprehensive health coverage

401k plan

Company equity

Team outings + events

Flexible PTO + holidays

Employee volunteer days

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