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About Sweed
Industries
Data & Analytics
Enterprise Software
Consumer Goods
Company Size
11-50
Company Stage
Acquired
Total Funding
$500K
Headquarters
Burbank, California
Founded
2017
Overview
Sweed offers a complete solution for retail cannabis businesses by combining point-of-sale systems with e-commerce, delivery, analytics, marketing, and inventory management features. This integrated approach helps cannabis retailers manage their operations more efficiently by reducing the need to juggle multiple software programs. Sweed's subscription-based service provides a steady revenue stream while equipping retailers with tools to enhance sales, streamline inventory management, and utilize data for informed decision-making. The goal of Sweed is to improve operational efficiency and customer engagement in the retail cannabis market.
Simplify's Take
What believers are saying
- AI-driven insights enhance personalized marketing and customer engagement for Sweed.
- Blockchain technology secures inventory management and supply chain tracking for Sweed.
- Augmented reality enhances online shopping experiences for Sweed's e-commerce clients.
What critics are saying
- LeafLink's expanded offerings increase competition in cannabis retail technology.
- Sweed may face challenges in maintaining market share against larger competitors.
- Rapid technological changes could outpace Sweed's current platform capabilities.
What makes Sweed unique
- Sweed offers an all-in-one platform for cannabis retail operations.
- The platform integrates POS, e-commerce, delivery, and analytics for dispensaries.
- Sweed's subscription model ensures recurring revenue from a diverse client base.
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Funding
Total Funding
$500k
Above
Industry Average
Funded Over
0 Rounds
Benefits
Flexible Work Hours
Remote Work Options
Health Insurance
Paid Vacation
Paid Sick Leave
Company News
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
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About Sweed
Industries
Data & Analytics
Enterprise Software
Consumer Goods
Company Size
11-50
Company Stage
Acquired
Total Funding
$500K
Headquarters
Burbank, California
Founded
2017
Sweed is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today