Now that business-to-business distributor Nabis has received its latest round of Series A funding, it can get on with trying to distribute 25% of California’s marijuana. Nabis claims it presently ships a quarter of a billion dollars of the state’s registered weed each year.
Tech Crunch
- The $5M cash injection will go toward building the online marketplace Nabis feels is necessary to hit the 25% number.
- The Series A included Y Combinator, Doordash co-founder Stanley Tang, Gmail creator Paul Buchheit, Twitch co-founder Justin Kan, Babel Ventures, Liquid2 Ventures and Soma Capital. Since its 2017 founding, Nabis has raised $10M.