Dutchie, a Bend, Ore.-based e-commerce solution for cannabis dispensaries, raised $35m Series B funding.
The round, which brought total funding to $53m to date, was Snoop Dogg’s Casa Verde Capital, Kevin Durant’s Thirty Five Ventures, Thrive Capital, Gron Ventures, and Former Starbucks Chairman and CEO, Howard Schultz.
The new funds will drive team growth, assist with expansion into new markets, and launch major product developments to support cannabis dispensaries.
Led by Ross Lipson, CEO and Co-founder, Dutchie is an e-commerce provider, powering online ordering for the top dispensaries throughout the United States and Canada. Today, it powers 10 percent of all cannabis sales in the U.S. and hosts more than 25 percent of all cannabis dispensaries across 30 markets and 301 cities in the United States and Canada.