Leaf Trade: Closes $12.5M Series B Funding Round

Leaf Trade Closes $12.5M Series B Funding Round

• Leaf Trade, a Chicago, IL-based B2B cannabis technology platform provider, closed its $12.5 million Series B preferred round
• The round was led by Artemis Growth Partners, bringing funding raised to date to a total of $22.5 million
• The funding will accelerate Western market expansion of the online wholesale cannabis marketplace and digital payment infrastructure
• LeafTrade is a technology company whose platform facilitates ordering and fulfillment for sellers and buyers of wholesale cannabis products
• It powers ordering and fulfillment for cultivators, retailers, distributors, processors, and dispensaries in over 24 states, and facilitates nearly $2B in annualized net sales