Marketing tech company Fyllo raised an additional $10M for its war chest.
WeedWeek
Fyllo aggregates cannabis consumer data that mainstream sectors can use to target consumers with digital ads. It also offers software and services that help cannabis companies ensure they comply with various regulations. Fyllo expects its platform, with compliance solutions and a database of regulations, could serve other regulated industries, as well.
- Rosie Mattio, founder of PR firm Mattio Communications, which has Fyllo as a client, writes, “ambitious marketers are starting to look at cannabis data to determine the future of mainstream marketing and growth strategies.”
AdWeek
Meanwhile, Dutchie, an e-commerce platform for dispensaries, raised $35M from investors including former Starbucks CEO Howard Schultz and Thrive Capital, an investment vehicle controlled by Josh Kushner, brother of President Trump’s son-in-law and advisor Jared Kushner.
- Business Insider ????published the deck that raised the round.
- Check out WeedWeek‘s recent interview with Dutchie CEO Ross Lipson.
Quick Hit
- Tyler Beuerlein, Chief Revenue Officer at payments company Hypur, writes that the cannabis industry needs stronger leaders.
Forbes
