Dutchie, an online ordering platform used by dispensaries, raised $200M at a $1.7B valuation. Tiger Global Management led the new round with participation from Dragoneer and DFJ Growth, two heavy-hitting funds which are new to cannabis investing.
- Dutchie currently supports more than 2,116 dispensaries across 36 markets in the U.S. and Canada.
- The company also announced that it had acquired Greenbits, a point of sale software company, and Leaf Logix, an ERP software platform.
- Read last year's WeedWeek interview with CEO Ross Lipson.
- MSO Columbia Care increased Q4 revenue 56% sequentially to $76M.