BDS Analytics, a Boulder, Colo.-based provider of comprehensive, actionable, and accurate cannabis market intelligence and consumer research plaatform, raised $3.5m in Series B funding.
The round was led by CanopyVentures and Altitude Investment Management, with participation from Panther Opportunity Fund, and other existing investors.
The company intends to use the funds to execute the national expansion of its GreenEdgeTM software and to roll out its Consumer Insights and Industry Intelligence services.
Led by Roy Bingham, CEO and Founder, BDS Analytics provides businesses with actionable and accurate cannabis market intelligence and consumer research. The company provides a holistic understanding of the cannabis market by producing insights from dispensary point-of-sale systems through its GreenEdgeTM platform, driving consumer research with its Cannabis Insights Group, and generating market-wide cannabis industry financial projections.