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If 2020 was the year for cannabis startups to tighten their belts and focus on weathering the pandemic, then 2021 is set to be a boon for companies that have emerged mostly unscathed, investors told Business Insider.

We asked top private equity and venture investors in the cannabis industry to name the startups they believe are poised for major growth this year. The startups that made our list range from dispensaries and cultivation chains like Ascend Wellness Holdings, to cannabis software firms like Dutchie, to companies working on biosynthesis and agricultural technology.

Most of the investors we talked to said that startups with strong management teams will have lots of opportunity in front of them this year, as more states open legal cannabis markets, and institutional investors start getting more comfortable with the industry.

Read moreFrom LeafLink to Greenbits, meet the 8 buzzy cannabis startups that raised the most cash in 2020

There was a significant uptick in VC interest in cannabis startups in 2020, particularly on the software side, around August. A number of cannabis tech startups that made our list, including Dutchie, LeafLink, and Springbig, closed large funding rounds this year.

To put together this story, Business Insider asked a representative from each of the 17 investment firms that made our list of the top investors in the industry to name two companies that are poised for huge growth in 2021.

Each investor was asked to recommend one startup they invested in and one they hadn’t. In total, investors gave us 26 names. Here’s the full list, arranged alphabetically:

Abstrax

Abstrax
ABSTRAX

Founded: 2017

Located: Irvine, CA

Post money valuation: $25 million

Biggest funding round of 2020: $1 million raised in a convertible note deal. The company said it is looking to raise Series A funding this year.

Total raised to date: $2 million

What the company does: Abstrax is a California-based research firm that creates terpene profiles — active chemicals in the cannabis plant — for use in isolates, vaporizers, or even as food and beverage additives.

Why investors like the company:

Panther Opportunity Fund’s principal Jordan Tritt says that Abstrax is “pioneering consumer sensorial experiences in the cannabis industry.”

“Their cutting edge research, development and formulations have the potential to revolutionize various consumer packaged goods products,” he continued.

Amuse

Amuse
Amuse

Founded: 2019

Located: Los Angeles, California

Post money valuation: Declined to disclose.

Biggest funding round of 2020: $12 million

Total raised to date: $12 million

What the company does: Amuse is a cannabis delivery firm that connects consumers to dispensaries in the Los Angeles and Orange County areas.

Why investors like the company:

“We believe cannabis is gravitating toward an on-demand model and will look more like the traditional CPG model over the next few years,” Jason Adler, managing member at Gotham Green Partners, told Business Insider.

Adler predicts that as the cannabis market matures, consumers will learn their preferences and won’t visit dispensaries as much.

“Our research showed that distribution could be extremely profitable, and the timing was optimal as delivery infrastructure and players could not keep up with the demand,” he continued.

California doesn’t have enough dispensaries, according to Adler.

“We could not find a player that we had conviction in, thus we decided to back Amuse, which has emerged as one of the leaders in the Los Angeles cannabis e-commerce delivery market,” he said. “The business is poised for significant expansion in 2021 and we’re excited for Amuse to open up its service to the rest of California and beyond.”

Ascend Wellness

AWH’s dispensary Horizon drive, located in Springfield, IL
Ascend Wellness

Founded: 2018

Located: New York, New York

Post-money valuation: Declined to disclose.

Biggest funding round of 2020: $68.2 million closed in August.

Total raised to date: $208.63 million, according to PitchBook. Ascend Wellness declined to disclose a figure.

What the company does: Ascend Wellness is a privately held cannabis cultivation and dispensary chain, known in the industry as multi-state operators or MSOs. It operates in Illinois, Michigan, Massachusetts, New Jersey, and Ohio.

The company said in an email to Business Insider that it focuses on limited license states east of the Rockies, “with flagship locations in desirable retail corridors serving key medical and adult-use markets.”

Why VCs like the company:

Two VCs picked Ascend Wellness.

Salveo Capital’s Michael Gruber says he believes Ascend Wellness’s presence in key states like New Jersey means it will be well-positioned for growth.

“We are an investor in the company and had added additional capital to our investment this year. The passing of adult-use in NJ this November is a huge step, and with NJ in our belief will be an amazingly good market,” Gruber said in an email. “This will also likely be key impetus to spur NY, PA, and CT to legalize adult-use as well.”

Gruber added that Salveo is “bullish in general on private MSOs that are focused on key limited license states and where they have gone deep within a limited number of states, and where management has been able to execute in an efficient manner.”

Silverleaf Venture Partners’ Andre Haroche describes Ascend Wellness’ growth as “astounding.”

“They have a fantastic management team lead by industry-veteran Abner Kurtin and we wouldn’t be surprised to see Ascend be publicly traded in the next year or so based on its momentum,” Haroche said.

Bespoke Financial

Bespoke Financial CEO George Mancheril
Bespoke Financial

Founded: 2018

Located: Los Angeles, California

Post money valuation: Declined to disclose.

Biggest funding round of 2020: N/A

Total raised to date: Over $25 million across equity and debt, according to the company.

What the company does: Bespoke Financial is a fintech platform and licensed commercial lender that provides debt financing to cannabis and hemp companies.

Why investors like the company:

Bespoke Financial “is solving one of the biggest challenges in the industry” according to Yoni Moshe Meyer, partner at Casa Verde, by providing working capital.

Bloom Automation

Bloom Automation.
Bloom Automation

Founded: 2016

Located: Woburn, Massachusetts

Post money valuation: $10 million

Biggest funding round of 2020: $1.8 million

Total raised to date: $3.2 million

What the company does: Bloom Automation is an agricultural technology company that designs robots that cater to cannabis growers. The robots can automate post-harvest processing.

Why investors like the company:

“Human hand trimming is typically the most labor-intensive part of the cannabis flower production process, and it presents a large obstacle for efficiently scaling flower production,” said Steve Schuman, managing director of HALLEY Venture Partners. “Bloom has developed robotic trimming machines that automate the cannabis harvesting process.”

According to Schuman, Bloom is the only advanced technology solution in this trimming space, providing a robotic solution to what is normally a time consuming and expensive task.

“We can easily see Bloom robots applied to many other agricultural and manufacturing processes when human-like vision and decision making is needed in real-time,” he continued.

Canix

Canix’s platform.
Canix

Founded: 2019

Located: San Francisco, CA

Post money valuation: $20 million

Biggest funding round of 2020: N/A

Total raised to date: $2.6 million

What the company does: Canix is a software and hardware platform that helps cannabis companies comply with regulations, optimize operations, and manage inventory.

Why investors like the company:

Phyto Partners managing partner Larry Schnurmacher says he believes Canix has “the potential to disrupt the seed-to-sale vertical.”

“The company was founded in 2019 by a former Facebook developer and is experiencing rapid growth as it builds out solution sets for cultivators, manufacturers, and distributors,” Schnurmacher told Business Insider in an email. “Canix has demonstrated its ability to capture market share from incumbents and we believe this will propel its growth going forward.”

Cann

CANN drinks
CANN

Founded: 2019

Located: Los Angeles, CA

Post money valuation: Declined to disclose.

Biggest funding round of 2020: Declined to disclose.

Total raised to date: Over $12 million

What the company does: Cann is a low dose, THC-infused beverage brand that sells in California. Here’s a look at the pitch deck Cann used to raise $5 million last year.

Why investors like the company:

“Cann is the first beverage brand to crack the code in the cannabis drink segment,” Arcadian Capital’s managing partners, Matthew Nordgren and Krishnan Varier, told Business Insider in an email.

“What we love about them is their approachable branding that appeals to the widest of consumer audiences, particularly the highly sought after mainstream consumer that’s new to cannabis,” they continued.

Nordgren and Varier say that the company’s wide variety of flavors and quality ingredients “drive repeat purchases which is what truly makes it a great investment.”

Connected

Connected Cannabis’ facilities
Chewberto/Connected Cannabis

Founded: 2009

Located: Sacramento, California

Post-money valuation: Decline to disclose.

Biggest funding round of 2020: N/A

Total raised to date: $25 million Series A round closed July 2019

What the company does: Connected is a California cannabis brand that sells high-end marijuana flower.

Why VCs like the company:

Two VCs picked Connected.

Connected is “the leading flower company in California with a fantastic management team,” said Navy Capital’s Sean Stiefel.

The company dominates the premium flower market in California, Stiefel said.

“Connected Cannabis grows and manufactures high-quality cannabis flower at scale,” said Gotham Green Partners’ Jason Adler. “Compared to most craft brands in the state, Connected has differentiated itself with an ability to produce a consistent quality product at scale and seamlessly introduce new strains in a relatively short time frame.”

“We believe that the high-end flower segment will continue to benefit from several tailwinds, particularly the maturation of the consumer palate and new recreational markets with greenfield opportunities for expansion,” Adler continued.

Dharma Pharmaceuticals

Dharma Pharmaceuticals’ team.
Dharma Pharmaceuticals

Founded: 2018

Located: Bristol, Virginia

Post money valuation: $50 million

Biggest funding round of 2020: $7 million

Total raised to date: Over $15 million

What the company does: Dharma Pharmaceuticals is a privately-held medical cannabis dispensary in Virginia.

Why investors like the company:

“Dharma Pharmaceuticals, which we now own a majority of, holds one of the four vertical medical licenses in Virginia, and with our operating team leading the way, was the first company to bring medicine to the Virginia market recently,” Mitch Baruchowitz, managing partner at Merida Capital, told Business Insider in an email. “With only 4 operators for 8.5MM people, and potential adult use coming, Dharma’s opportunity for growth over the next few years is almost limitless.”

Dutchie

Ross Lipson, CEO of Dutchie
Dutchie

Founded: 2017

Located: Bend, Oregon

Post-money valuation: $205 million, according to PitchBook. Dutchie declined to disclose a figure.

Biggest funding round of 2020: $35 million closed in August 2020. Read Business Insider’s coverage here, where we got an exclusive look at the pitch deck Dutchie used to close the round.

Total raised to date: $53 million, according to Dutchie.

What the company does: Dutchie is an e-commerce software startup that connects cannabis consumers to dispensaries and allows them to order products from their homes. It also powers online ordering tools for the dispensaries themselves.

Why VCs like the company:

Three investors named Dutchie as one of their picks.

“Dutchie was an early mover in the B2C eCommerce space in cannabis, and while not a HALLEY portfolio company, B2C eCommerce is a large component of nearly every other product and service outside of cannabis,” HALLEY Venture Partners Managing Director Steve Schuman told Business Insider. “WeedMaps’ recently announced $1.5 billion deal with Silver Spike SPAC is a validation of the growing importance of that piece of the puzzle.”

In general, Schuman said, e-commerce feels fragmented and underdeveloped in the cannabis space, and his firm continues to look for solutions to help brands and dispensaries connect with consumers and patients online.

“Dutchie is the leading e-commerce platform in cannabis,” says Gron Ventures managing partner Wilder Ramsey. “In three years it has grown from zero to more than $2.6 billion in annual GMV, making it one of the fastest-growing and most efficient commerce platforms of all time, in any vertical.”

“This performance is testament to a remarkable team,” Ramsey continued, “anchored by brothers Ross and Zach Lipson, who are setting pace for all of us in an industry characterized by torrid growth.”

“Dutchie is already a success story and they are going big with their recent raise,” said Panther Opportunity Fund’s Jordan Tritt. “Their CEO, Ross Lipson, has already exited multiple businesses in the online ordering and delivery space and his timing is right with the increased digitization of cannabis favoring online ordering.”

Eaze

Eaze.
Eaze

Founded: 2014

Located: San Francisco, California

Post money valuation: $400 million, according to the company

Biggest funding round of 2020: $90 million Series D.

Total raised to date: $249 million, per Pitchbook.

What the company does: Eaze is a California cannabis delivery and dispensary service. Read more of Business Insider’s coverage of Eaze here.

Why investors like the company:

“2020 was the year of cannabis delivery,” Kyle Lui, partner at DCM Ventures, told Business Insider. This focus on delivery, according to Lui, helped Eaze grow gross revenues 150% year-over-year.

Eaze’s transition to vertical integration across its network also helped improved margins and overall menu quality, said Lui.

Grassdoor

An employee stocks cannabis at a store shortly before its first day of recreational marijuana sales in San Francisco on January 6, 2018.
Noah Berger/AP Photos

Founded: 2018

Located: Commerce, California

Post-money valuation: Declined to disclose.

Biggest funding round of 2020: Declined to disclose.

Total raised to date: Declined to disclose.

What the company does: Grassdoor is a startup that delivers cannabis products from dispensaries to consumers in Southern California. The company declined to comment for this article.

Why VCs like the company:

Three investors selected Grassdoor.

Grassdoor has an impressive team and technology, Navy Capital’s Sean Stiefel told Busness Insider. The company also has a “differentiated business model to go after the DTC delivery market,” Stiefel said in an email.

“Because they developed their depot processes in parallel with their proprietary tech stack, they have been able to scale their business in an incredibly efficient manner,” said AFI Capital Partners’ Nico Richardson. “As a result, Grassdoor has become a leading delivery platform in less than two years of operation.”

“Operating in DTC (direct to consumer) cannabis delivery, Grassdoor has a lot of competition,” Measure 8 founding partner Boris Jordan told Business Insider. “In a short period of time, the company has earned top marks from customers as the ‘go-to’ platform for cannabis on demand.”

GrowFlow

Travis Steffen, CEO of Growflow.
Growflow

Founded: 2016

Located: Seattle, Washington

Post money valuation: Declined to disclose.

Biggest funding round of 2020: $8.4 million, closed in May 2020

Total raised to date: $8.7 million

What the company does: GrowFlow is a compliance and inventory management software platform for cannabis companies.

Why investors like the company:

“Despite facing significant competition in the compliance segment of the industry, GrowFlow has been able to differentiate through exceptional product development as well as an integrated POS platform that quickly gained traction upon release,” said Jeb Spencer, managing partner at TVC Capital.

“The company currently has over 1,200 customers ranging from cultivators to retailers and transactions on the platform increased by a reported 196% this year. Over $2 billion in compliant cannabis transactions have been completed using GrowFlow’s software in the last four years,” he continued.

Happy Cabbage Analytics

Happy Cabbage’s platform
Happy Cabbage

Founded: 2019

Located: San Francisco, CA

Post money valuation: Declined to disclose.

Biggest funding round of 2020: $1.5 million seed round closed in September

Total raised to date: $1.5 million

What the company does: Happy Cabbage Analytics is a software and data platform that helps cannabis companies target consumers.

Why investors like the company:

Morgan and Emily Paxhia, founders of Poseidon Asset Management, told Business Insider that Happy Cabbage, a company focused on the marketing aspect of the industry, aims to “provide the industry with smarter and more fitting marketing strategies based on consumer behaviors.”

“As product and retail become more competitive,” they continued, “smarter marketing will be a critical part of the industry’s growth.”

Headset

Cy Scotts, CEO of Headset
Headset

Founded: 2015

Located: Seattle, Washington

Post money valuation: Declined to disclose.

Biggest funding round of 2020: $3.2 million

Total raised to date: $16 million

What the company does: Headset is a cannabis industry data analytics and market intelligence platform.

Why investors like the company:

Headset is “tackling data on the level that we feel is critical for the industry,” Morgan and Emily Paxhia, founders of Poseidon Asset Management, told Business Insider in an email.

“There is a lot of talk around ‘data’ from many companies, but the quality and sizes of the data sets really matter, as does the way the data is categorized,” they said. “Myopic or narrow data sets could drive incorrect insights. Also, their data is ‘real-time’ which is critical to this industry which changes so quickly.”

Poseidon says the industry saw this play out clearly in two very specific instances: when black-market vapes were linked to a spate of lung illnesses as well as during the early days of the onset of the coronavirus in the US.

“As investors, data is critical and we rely heavily on this to support our decision-making process. It is so hard not to name so many of our other companies who we believe are top companies in the industry,” they continued.

Herbl

Herbl’s Warehouse
Herbl

Founded: 2016

Located: Santa Barbara, CA

Post money valuation: Declined to disclose.

Biggest funding round of 2020: N/A

Total raised to date: Declined to disclose.

What the company does: Herbl is a cannabis supply chain and distribution company.

Why investors like the company:

“Herbl is a California-based cannabis distribution company led by an all-star team of executives from Fedex, Gap, UNFI, Sonos and more,” said Silverleaf Venture Partners managing director Andre M. Haroche. “In just two years of operations the company has experienced explosive growth and is now the largest distributor in the industry, with hundreds of millions in annual sales.”

LeafLink

LeafLink Shelf
LeafLink

Founded: 2015

Located: New York City (HQ), Los Angeles, Toronto

Post-money valuation: Declined to disclose.

Biggest funding round of 2020: $40 million closed in December 2020

Total raised to date: $91 million, according to LeafLink. The company also closed a $250 million debt facility earlier this year to support its payment product.

What the company does: LeafLink is a wholesale marketplace for the cannabis industry. The company says its e-commerce marketplace approach has “optimized and fueled the growth of the cannabis industry, creating new efficiencies in the wholesale buying process with supply-chain software and services.”

Why VCs like the company:

Three investors selected LeafLink.

DCM Ventures partner Kyle Lui says LeafLink’s payments product, LeafLink Financial, is “a much-needed solution that should see strong continued growth.”

“LeafLink, a portfolio company since January 2017, is our top pick and best-performing investment,” Phyto Partners’ Larry Schnurmacher told Business Insider. He says the startup is the largest business-to-business marketplace in the cannabis industry.

Schnurmacher says his firm made its initial investment in the company’s seed round. “We believe LL [LeafLink] will be the most valuable ancillary company in cannabis,” he added in an email.

Gron Ventures managing partner Wilder Ramsey says that he likes Leaflink because it powers a third of the cannabis wholesale market in the US. This, he said, is “an incredible, winning position that would be difficult or impossible to achieve in a mature industry.”

“Their new lending and logistics products are solving critical problems in the space, allowing customers to scale compliantly with far more flexibility, and we expect the company’s services to be so ubiquitous and foundational in the space that in 10 years it will be no exaggeration to say the industry was built on Leaflink,” Ramsey continued.

Leafwire

Peter Vogel, CEO of Leafwire
Leafwire

Founded: 2018

Located: Denver, Colorado

Post money valuation: The company says it raised a seed round in 2019 with a post-money valuation of $4 million.

Biggest funding round of 2020: The company says it currently has an open round and is crowdfunding on online platform SeedInvest.

Total raised to date: $1.6 million

What the company does: Leafwire is a LinkedIn-like social network for the cannabis industry to share news, promote events, and find jobs.

Why investors like the company:

“We really like Leafwire but have not found an opening in our investment queue for them,” said Mitch Baruchowitz, managing partner at Merida Capital.

“We think their approach to connectivity is unique, their daily user count is strong and growing, and their Marketplace and Jobs platforms encourage companies/executives to interact in ways that create high ROIs on their time and money,” Baruchowitz said. “Sticky ecosystems with user-friendly tech that deliver outsized value to cannabis companies have routinely grown into valuable companies over time.”

MOR Analytics

Dan Barton, CEO of MOR Analytics
MOR Analytics

Founded: 2019

Located: Newtown, Pennsylvania

Post money valuation: The company declined to comment for this article.

Biggest funding round of 2020: The company declined to comment for this article.

Total raised to date: The company declined to comment for this article.

What the company does: MOR Analytics is a healthcare software firm founded by two WebMD alumni. The startup is merging with Helix Technologies, a cannabis compliance software company.

Why investors like the company:

Jeb Spencer, managing partner at TVC Capital, said that MOR Analytics is “one of the more interesting software companies we have seen this year.”

Spencer said that the company’s healthcare data and evidence-based health outcome research “has the power to be highly impactful in the cannabis industry.”

“MOR’s recent announcement of their plans to acquire Helix Technologies makes this company even more exciting going forward,” he continued.

Petalfast

Jason Vegotsky CEO of Petalfast
Petalfast

Founded: 2020

Located: Irvine, California

Post money valuation: Declined to disclose.

Biggest funding round of 2020: $1.3 million, raised through a convertible note with a $10 million cap, according to the company

Total raised to date: $1.55 million

What the company does: Petalfast is a marketing and communications firm.

Why investors like the company:

“Petalfast is a sales and marketing agency that takes its cues from the food and beverage industry, connecting California’s top brands and distributors to extend their retail market footprint across the state,” Arcadian Capital’s managing partners Matthew Nordgren and Krishnan Varier said in an email to Business Insider.

“Leveraging their preferred distribution partner HERBL, they position their brand clients to capture share of wallet from retailers. They’re the missing puzzle piece in the downstream supply chain that will ultimately be the blueprint for the largest cannabis markets across the country,” they continued.

Puffco

Puffco’s newest product, the Peak Pro
Puffco

Founded: 2013

Located: Los Angeles, California

Post money valuation: N/A. The company says its 2020 revenue was roughly $100 million.

Biggest funding round of 2020: N/A

Total raised to date: The company says it does not have investors.

What the company does: Puffco is a startup that makes cannabis vaporizers, focused on concentrates.

Why investors like the company:

“Puffco represents an ancillary business we have not invested in, but continue to hold in high regard,” said Andrew Schweibold, cofounder and CEO of Rose Capital. “Puffco is a manufacturer of vaporizers with a particular focus on concentrates, making the product category more accessible to consumers by providing elegantly designed, sophisticated alternatives to other traditional concentrate consumption methodologies.”

Pureform

Richard Nanula, Chief Executive Officer of PureForm Global
PureForm Global

Founded: 2016

Located: Los Angeles, California

Post money valuation: $50 million

Biggest funding round of 2020: $2 million, closed in December 2020

Total raised to date: $10 million. The company says it has a Series A funding round planned for 2021.

What the company does: PureForm Global uses biosynthesis to produce cannabinoids from non-cannabis sources for use in consumer and pharmaceutical applications.

Why investors like the company:

“While many companies tackling bio-synthesis talk about commercialization in the next couple of years, Pureform is actually producing cannabinoids with 99%+ purity by the ton,” said Yoni Moshe Meyer, partner at Casa Verde.

Raw Garden

Raw Garden’s “Live Sauce”
Raw Garden

Founded: 2015

Located: Buellton, California

Post money valuation: Declined to comment

Biggest funding round of 2020: Declined to comment

Total raised to date: Declined to comment

What the company does: Raw Garden is a California cannabis brand that specializes in concentrates. The company declined to comment for this article.

Why investors like the company:

“Not only is Raw Garden the #1 selling brand in California, but they’re also doing work to revolutionize the cannabis supply chain via agronomics,” Measure 8 Chief Operating Officer Kevin Gahwyler told Business Insider in an email.

“The company maintains a seed library of 15,000 distinct strain crosses and 25 million seeds. Today the industry is crippled with high input costs to ‘ensure’ quality,” he continued. “We believe Raw Garden’s focus on science-based, scaled production will continue to disrupt the sector.”

Rebel Coast

Rebel Coast Products
Rebel Coast

Founded: 2017

Located: Los Angeles, California

Post money valuation: Declined to disclose.

Biggest funding round of 2020: $1.8 million

Total raised to date: Over $5 million

What the company does: Rebel Coast is a California cannabis beverage startup, with products including a cannabis-infused sauvignon blanc and seltzers in a range of flavors.

Why investors like the company:

“Rebel Coast represents an early stage cannabis brand that was recently added to the BellRock Brands platform,” said Andrew Schweibold, cofounder and CEO of Rose Capital. “An early pioneer in the beverage category, the company is focused on innovation and always injects a healthy dose of humor and lifestyle into the marketing of its line of THC-infused products.”

Ricovr

Ricovr’s XALIVA device
RIcovr

Founded: 2018

Located: Princeton, NJ

Post money valuation: $13 million, expected closing in January 2021.

Biggest funding round of 2020: N/A

Total raised to date: $1.3 million to date. $1.5 million expected in January 2021.

What the company does: Ricovr is a diagnostics startup developing devices that can test for THC impairment through a small drop of saliva.

Why investors like the company:

“As cannabis becomes more commonplace in society, and the country gets closer to federal legalization, the industry will need to find better methods of measuring impairment,” said Nico Richardson, managing director at AFI Capital Partners.

“This will be a key area of concern, not just for law enforcement, but also for employers. Ricovr’s technology is rapid, low cost and mobile,” he continued.

SpringBig

SpringBig’s platform displayed on a desktop computer
SpringBig

Founded: 2017

Located: Boca Raton, Florida

Post money valuation: Declined to disclose.

Biggest funding round of 2020: $11.5 million Series B, led by TVC Capital in August 2020. Read Business Insider’s coverage of the round here.

Total raised to date: $20.2 million

What the company does: Springbig is a software platform that helps cannabis companies market, attract, and retain customers, among other uses.

Why investors like the company:

“SpringBig’s widely adopted Marcom technology is currently being used by over 1,500 dispensaries in 33 states,” said Jeb Spencer, managing partner at TVC Capital. “The company’s software allows its customers to market to 25 million cannabis users on a regular basis, up from just 12 million one year ago.”

Spencer says that the SpringBig is “the fastest growing company SaaS company we have encountered in the cannabis software space.”

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