LeafLink provides tools to drive brand awareness and boost sales to licensed retailers, upload product menus, track orders, engage with customers, offer preferred pricing and discounts, and find local logistics partners. In July, the company announced the acquisition of Dama Financial, one of the leading cannabis banking platforms to expand its offerings with access to safe, reliable, and compliant banking. In September 2025, LeafLink appointed Ashwin Raj as Chief Executive Officer, signaling continued focus on scaling platform operations.
Cyborg Score Rationale
LeafLink has raised $511M in funding and operates a dominant wholesale platform with proven unit economics. The company benefits from significant market leadership with over $5B in annual orders and presence in 30 markets, but faces regulatory constraints inherent to cannabis commerce and remains private without clear exit signals.
Top Insights
LeafLink acquired Leaf Trade in November 2024, demonstrating consolidation strategy in wholesale cannabis
LeafLink was recognized as one of the world's most innovative companies in 2025, signaling strong product differentiation
Latest Series D funding round occurred in December 2024, indicating recent capital infusion for growth acceleration
Company operates with 120 employees, maintaining lean operations relative to $5B+ GMV scale
Named Competitors
Flowhub — Cannabis POS and compliance software
Weedmaps — Cannabis discovery and marketplace platform
Nabis — B2B cannabis wholesale platform
Trulieve — Largest cannabis retailer in the US
GrowFlow — Cannabis business management software
Recent Developments
(December 2024) Completed Series D funding round
(November 2024) Acquired Leaf Trade to expand wholesale platform capabilities
(September 2025) Appointed Ashwin Raj as Chief Executive Officer
(July 2025) Acquired Dama Financial, a leading cannabis banking platform, to integrate banking services
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