NABIS

NABIS

Cannabis product distribution and logistics services

About NABIS

Simplify's Rating
Why NABIS is rated
A
Rated A on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Food & Agriculture

Enterprise Software

Company Size

51-200

Company Stage

Early VC

Total Funding

$42.5M

Headquarters

Oakland, California

Founded

2018

Overview

Nabis distributes cannabis products to licensed businesses across California, ensuring quick delivery within 48 hours. Their service includes a user-friendly software platform that helps manage wholesale orders, track shipments, and comply with state regulations. This efficiency is vital in the cannabis industry, which faces complex regulations and logistical hurdles. Nabis differentiates itself from competitors by combining fast logistics with advanced software solutions, allowing retailers and producers to maintain steady inventory and meet consumer demand. The company's goal is to streamline the supply chain for cannabis businesses, enhancing their operational efficiency and supporting the growth of the legal cannabis market.

YC Company
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Simplify's Take

What believers are saying

  • Nabis' expansion into New York and Nevada opens new market opportunities.
  • Partnerships with leading brands like Falcon and Maven enhance Nabis' market presence.
  • Nabis Capital provides financial resources, supporting cash flow for cannabis operators.

What critics are saying

  • Increased competition from other platforms could erode Nabis' market share.
  • Volatile cannabis regulations across states pose risks to Nabis' expansion plans.
  • Expansion into new markets may strain Nabis' resources, risking service disruptions.

What makes NABIS unique

  • Nabis offers a rapid distribution network with 48-hour shipping for wholesale orders.
  • The company provides a user-friendly software platform for managing cannabis distribution lifecycle.
  • Nabis combines logistics with advanced software solutions for regulatory compliance and efficiency.

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Funding

Total Funding

$42.5M

Below

Industry Average

Funded Over

5 Rounds

Notable Investors:
Early VC funding comparison data is currently unavailable. We're working to provide this information soon!
Early VC Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Retirement Plan

401(k) Company Match

Unlimited Paid Time Off

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

0%

2 year growth

2%
MG Magazine
Nov 19th, 2024
Nabis Launches in New York

NEW YORK - Nabis, a licensed cannabis wholesale platform, has expanded into the New York cannabis market.

Business Wire
Apr 11th, 2024
Leading California Cannabis Brands Falcon And Maven Leverage Nabis’ Logistics Platform To Advance Growth

SAN FRANCISCO--(BUSINESS WIRE)--Today, a suite of well-respected California cannabis companies, including Falcon, one of the largest producers and house of brands on the market, and Maven, an award-winning connoisseur brand focused on breeding high-caliber genetics, announced agreements with the leading third-party fulfillment platform, Nabis. This announcement marks a trend among the largest operators in California’s turbulent and growing market to relieve pressure and continue to enhance scalability with tech-forward, data-driven, streamlined distribution services like those offered by Nabis. Falcon is one of the largest producers of cannabis products in California, and its portfolio of leading brands—Cru Cannabis, High Garden, Jetpacks, Littles and Zip—have remained in high demand across the state since 2017, despite ongoing market fluctuations. “Since our inception in 2017, we’ve created and maintained best in class processes that elevate customer satisfaction, consistently delivering a wide assortment of products that stay ahead of consumer trends,” said Steve Gutterman, CEO of Falcon. “Our partnership with Nabis provides an additional layer of support that will help us continue to meet the needs of our valued customers up and down California. Adding Nabis into the fold as a distribution option will allow us to provide elevated service to retailers and, ultimately, consumers.”

Business Wire
Feb 27th, 2024
Nabis Advances National Expansion Efforts With Blackbird Acquisition, Entering Nevada’S Wholesale Cannabis Market

LAS VEGAS--(BUSINESS WIRE)--Nabis, the nation’s leading licensed cannabis wholesale platform, today announces its acquisition of Blackbird, the premier Nevada-based distribution solution. This transition will bring Nabis’ robust technology, infrastructure and exclusive brands to Blackbird’s unparalleled network of Nevada operators and retailers, further strengthening and streamlining efficiencies for operating partners throughout the state’s greater supply chain. “Blackbird has done an incredible job of supporting Nevada’s strategically important cannabis market for brand building since the state’s legalization in 2016, and we’re honored to continue marching towards our shared vision alongside their team,” said Vince C. Ning, Co-CEO and Co-Founder of Nabis. “As we focus on serving customers nationwide through our platform, we’re looking forward to expanding Blackbird’s resources for customers in Nevada and continuing to foster the strong company culture the team has built.”. Combining Nabis’ leading marketplace and multi-channel fulfillment network with Blackbird’s established expertise in Nevada, this acquisition brings forth a new unified customer experience for cannabis wholesaling in the region

Yahoo Finance
Feb 27th, 2024
Nabis Advances National Expansion Efforts With Blackbird Acquisition, Entering Nevada's Wholesale Cannabis Market

As the top licensed cannabis wholesaling platform, Nabis' acquisition of Blackbird not only strengthens the multi-state supply chain, but also offers operating partners a clear path toward regional expansion into Nevada's burgeoning market.

Business Wire
Feb 1st, 2024
Nabis Launches Revamped Payment Solution, Nabis Capital, Expanding Financial Resources For Cannabis Operators

SAN FRANCISCO--(BUSINESS WIRE)--Nabis, the leading licensed cannabis wholesale platform in the world’s largest legal market, announces the launch of Nabis Capital. The resource is an updated and streamlined payment solution that supports brand partners by helping to simplify cash flow and provide a form of working capital that is otherwise unavailable to licensed operators. “There’s undoubtedly a large gap in the cannabis fintech space, and Nabis is proud of the work we’ve done to build out this advanced service that supports our partners during a critical time for the industry,” said Jun S. Lee, Co-CEO and Co-Founder of Nabis. “By providing working capital, we can help those facing the unique challenge of obtaining the traditional financing needed to support expansions and streamline cash flow cycles across both brand and market growth.”. Nabis Capital—treated like a cash-on-delivery order for accounts receivable—provides 100% of the cash upfront with a 24-hour processing time, essentially acting as an in-house capital deployment method

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