Marijuana software company Distru raised $6 million in a Series A funding round led by Poseidon Investment Management. The funding will be used to expand Oakland, California-based Distru’s product offerings, enhance compliance inventory, integration and order-management capabilities, according to a news release. The raise also will enable the company to expand its integration with Florida-headquartered […]
Distru, a seed-to-sale ERP (enterprise resource planning) platform for the cannabis industry raised $6 million in a Series A funding round with Poseidon Investment Management. Distru said the money will help drive its expansion into 11 additional states, including New York with its Biotrack integration. It will also be used to expand the company’s suite of […]
Many of the top cannabis industry insiders acknowledge continued difficulties in the industry today, but their outlook at the Benzinga Cannabis conference, held in Chicago this week, was far more optimistic than last year. Several themes kept recurring in various panels and hallway conversations, including: Ongoing lack of capital Optimism for legislative changes The conflict […]
