MainStem Expands Network Of Integrated Cannabis Software Partners

Signed Contract

WASHINGTON: MainStem has announced signed affiliate agreements with Flourish and Weedtraqr, two leading technology providers of enterprise supply chain and inventory management systems. These seed-to-sale platforms serve cultivators, manufacturers, processors, wholesalers, distributors, and retailers in the regulated legal cannabis industry. “We are excited to bring a value-add service into our technology suite,” said Colton Griffin, CEO Read the full article…

MainStem Closes Series B Investment Round At $2.175 Million Led By Merida Capital Partners

@goMainStem raises capital for expansion of #cannabis technology platform.

WASHINGTON: MainStem, a leading cannabis e-commerce technology company, announced that it has closed its Series B Investment round led by a Merida Capital Partners, a private equity fund. According to a company press release, MainStem intends to use the funds to expand the MainStem Affiliate (MAP) and the MainStem Vendor (MVP) programs including software development, sales and Read the full article…

Cannabis PE Firm Merida Capital Partners Exceeds $50 Million In Assets Under Management

“Merida continues to see an acceleration of institutional interest in our core strategy,”

NEW YORK:  Merida Capital Partners, a private equity fund targeting fundamental growth drivers underpinning the rapid development of the cannabis industry, announced it has crossed $50MM in assets under management and closed transactions in nine companies in its second Fund. With the full deployment of Merida’s first tranche of Fund II and the opening of the firm’s Read the full article…