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Thrive Capital, Tiger Global-Backed Cannabis Wholesale Platform LeafLink Buys Leaf Trade: Co. Will Process ~$9B In Annual GMV
Tuesday, November 26, 2024 - 12:02pm | 487LeafLink, a cannabis wholesale platform, has announced its acquisition of Leaf Trade, a specialized marketplace catering to multi-state operators (MSOs) and enterprise cannabis businesses. The combined entity is poised to process nearly $9 billion in annual gross merchandise value (GMV). The price...
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Michigan Cannabis Market Hits Record Sales Amid Low Weed Prices And Rise In Cultivation Licenses
Thursday, October 3, 2024 - 12:48pm | 720Michigan's cannabis market is experiencing a major transformation, with retail sales surging while flower prices continue to drop. As MJBizDaily reported, since the start of adult-use sales in December 2019, the average retail price for an ounce of marijuana flower has plummeted by more than 80%,...
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LeafLink's New Payment Option Is Vital For Cannabis Retailers Facing Financial Strain
Thursday, September 26, 2024 - 8:57am | 506Cannabis wholesale platform LeafLink announced its Payment on Sell Through (PoST) on Thursday. What Happened: The new payment option for cannabis wholesale guarantees payments to brands as retailers pay for what they sell. This is LeafLink's third payment option available on the platform, alongside...
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Cannabis Sales In U.S. Hit $32B In June: Key Drivers Behind All-Time Record Revealed
Friday, August 2, 2024 - 2:39pm | 872U.S. cannabis retail sales hit an all-time high in June, with an annual run rate of around $32 billion. According to LeafLink’s Summer 2024 market report, the surge reflects a 10% year-over-year increase driven by strategic market expansions and favorable policy changes. Key Drivers Behind...
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LeafLink Acquires Dama Financial's Banking Division To Address Cannabis Industry's Financial Challenges (UPDATED)
Wednesday, July 24, 2024 - 5:12pm | 544Editor’s note: This story has been updated to make clearer and add more details around the rebranding of Dama Financial’s remaining assets as GrowFlow. LeafLink, a major U.S. cannabis wholesale platform, announced its acquisition Wednesday of Dama Financial's banking division in a move...
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Boosting Cannabis Retail Growth With Data: LeafLink And CASA Unite To Deliver Profit-Driving Analytics
Friday, May 24, 2024 - 4:35pm | 572LeafLink, a leader in cannabis wholesale, announced on Thursday that it was entering into a partnership with CASA, a retail data analysis service provider, to enhance profitability for cannabis retailers using sophisticated data analytics. This partnership promises quick integration and efficient...
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Unpacking 4/20's Massive Impact On Cannabis Sales Through LeafLink's Data
Wednesday, March 27, 2024 - 7:06pm | 875As the cannabis industry approaches the annual 4/20 celebrations, a notable trend emerges from LeafLink’s comprehensive data. According to the company, a leading cannabis wholesaler, each of the last three years has seen dispensaries stock up in anticipation, resulting in March purchases...
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New York Cannabis Retail Gets Game-Changing Boost: What's Next?
Wednesday, March 6, 2024 - 5:36pm | 649As the cannabis industry continues to expand, innovative platforms like LeafLink are making headlines for driving efficiencies and reducing retailers’ costs. At the center of these advancements is a strategic partnership that promises to redefine how cannabis retailers operate in New York....
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LeafLink, New York Cannabis Retail Association Announce Partnership To Increase Efficiencies For Retailers
Tuesday, January 23, 2024 - 4:58pm | 439LeafLink, the nation's largest wholesale cannabis marketplace, announced it entered into a partnership with the New York Cannabis Retail Association (NYCRA), the largest retail trade group in the New York cannabis market. Why It Matters: This newly formed partnership would help New York cannabis...
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From Amazon To Cannabis: How These Two Companies Are Redefining Supply Chains For Efficiency & Compliance
Wednesday, June 28, 2023 - 5:12pm | 1122Given the state-by-state regulation and fragmented nature of cannabis supply chains, logistics play a vital role in overcoming challenges posed by compliance and regulatory requirements, inventory management as well as distribution and transportation. Managing diverse product inventory with...
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Exclusive: Marijuana Wholesale Platform LeafLink Invests In Weed Logistics Co. Creating Premier Partnership In CA
Monday, June 5, 2023 - 6:30am | 393Marijuana wholesale platform LeafLink announced Friday a strategic partnership with a cannabis logistics company Leafgistics. This agreement establishes an exclusive partnership in California, where Leafgistics will plan inventory, and coordinate the movement and storage of wholesale cannabis...
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LeafLink Releases Its 2023 Wholesale Cannabis Pricing Guide
Thursday, April 13, 2023 - 9:38am | 345LeafLink released its annual Wholesale Cannabis Pricing Guide, providing national and state-level pricing insights for the legal B2B cannabis community of buyers and sellers. The guide thoroughly analyzes pricing and market data from 13 U.S. adult-use and medical cannabis markets across five...
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LeafLink Raises $100M, Promotes Artie Minson To CEO
Wednesday, February 1, 2023 - 10:55am | 378LeafLink, a wholesale cannabis platform, has secured a $100 million series D financing led by CPMG, L2 Ventures and Nosara Capital, alongside participation from existing investors. The investment will be funded in two tranches. LeafLink has implemented a series of executive leadership changes to...
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Cannabis Industry's Workforce Trimming Trend Continues: Columbia Care Announces Dozens Of Layoffs
Monday, January 9, 2023 - 4:04pm | 827Multi-state cannabis operator, Columbia Care Inc (OTCQX: CCHWF), which owns Green Leaf Medical LLC, is laying off numerous workers at its Saxton facility, reported the Bedford Gazette. Per data from the Department of Labor & Industry, 73 employees will be laid off, effective February...
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Layoffs In Cannabis Industry Continue: LeafLink Is Latest To Join Curaleaf, Weedmaps And Trulieve
Wednesday, December 21, 2022 - 12:45pm | 612LeafLink, an online wholesale cannabis platform, laid off 80 workers on December 15th, reported MJBizDaily. “Unfortunately, as the cannabis industry continues to face headwinds and the current macroeconomic environment, we needed to take the next step in our evolution to continue...