Dutchie, a Bend, Ore.-based technology platform powering dispensaries and providing access to cannabis, completed a $200mĀ Series C funding, at aĀ $1.7 billionĀ valuation.
The round was led byĀ Tiger Global, with participation from new investorsĀ DragoneerĀ andĀ DFJ Growth, and from existing investors includingĀ Casa Verde Capital,Ā Thrive Capital,Ā Gron Ventures, and former Starbucks Chairman and CEOĀ Howard Schultz.
The company intends to use the funds to add talent, expand into new markets, and launch major product developments to support cannabis dispensaries.
Led by Ross Lipson, CEO and Co-founder, and Tim Barash, Executive Chairman, Dutchie is a cannabis technology platform focused on helping cannabis dispensaries throughoutĀ the United StatesĀ andĀ Canada streamline operations, grow and meet consumer demand.
The company is also announcing today its acquisitions ofĀ GreenbitsĀ andĀ LeafLogix, two enterprise resource planning (ERP) and point-of-sale (POS) software solutions serving the cannabis industry.
FinSMEs
16/03/2021