dutchie

Cannabis logistics is smokin’ hot

The stories behind how April 20 became known as “weed day” around the world are as varied as the cannabis products now available. According to Time magazine, the most credible story is that a group of teenagers in 1971 used to meet at 4:20 p.m. after school to smoke pot – 420 became their code word for the meetup.

Today, smoking in a lot behind the school is not necessary in many states, with 16 states and Washington, D.C., making marijuana legal for adults over the age of 21. A total of 36...

https://s29755.pcdn.co/news/cannabis-logistics-is-smokin-hot

BLAZE raises $8M, enables cashless transactions

BLAZE, an enterprise resource of legal cannabis vendors, has closed on its Series A funding round for $8 million. Delta Emerald Ventures led the round, which included a past investor, Act One Ventures, and new investor, SOJE Capital. The company has raised a total of $9.5 million since 2019.

“We’re thrilled to have such a great group of investors to help grow our platform and company to the next level,” said Chris Violas, co-founder and chief executive officer of BLAZE, in a release. “Cannabis...

https://s29755.pcdn.co/news/blaze-raises-8m-enables-cashless-transactions

Dutchie raises $200M for cannabis fulfillment, acquires LeafLogix and Greenbits

Dutchie, a cannabis fulfillment platform, announced Tuesday it raised $200 million in Series C funding and acquired two technology providers.

The funding round was led by Tiger Global Management and included investors Dragoneer, DFJ Growth, Snoop Dogg’s Casa Verde Capital, Thrive Capital, Gron Ventures and former Starbucks founder and CEO Howard Schultz. 

Past investors include Kevin Durant’s and Rich Kleiman’s Thirty Five Ventures, Sinai Ventures and Tinder’s Justin Mateen. Since the company was...

https://www.freightwaves.com/news/dutchie-raises-200m-for-cannabis-fulfillment-acquires-leaflogix-and-greenbits