SaaS startups have become the darling of Venture Capital investors, especially in the Cannabis industry. Over the past decade, software has proverbially “eaten the world” and SaaS companies have scaled to become unicorn corporations in staggering amounts of time.
In this article, we are examining 2 VC funded SaaS startups in the Cannabis industry.
Cannabis companies and merchants may interact with each other using LeafLink, a wholesale management platform. Brands and businesses who want to make ordering simpler, communicate more clearly, and spend less time on busywork might benefit from it. LeafLink has developed a centralized sales engine to assist merchants in managing and expanding their business. This engine includes a powerful online marketplace, CRM, and order management capabilities. With its corporate headquarters in New York, New York, LeafLink was established in 2015. It provides services to 3,500 stores and over 1,200 brands in 22 US and Canadian jurisdictions.
To assist guarantee that the cannabis industry complies with regulatory requirements, Simplifya creates a cloud-based Software-as-a-Service application for usage on the web, mobile devices, and tablets. Users of the program may check and keep track of licensee activities for adherence to national, state, and local laws, as well as monitor the compliance status of their company and add more users, locations, and licenses as their business expands. The business supports cannabis companies, legal offices, consultants, financial institutions, and regulatory authorities by keeping an eye on licensee activities to make sure they comply with state and local legislation.