Nabis Secures $23M in Series B Funding
- Nabis, a San Francisco, California-based licensed cannabiis wholesale marketplace platform, raised $23m in Series B funding
- Backers included FJ Labs, Artemis Growth Partners, Silverleaf Venture Partners, Liquid 2 Ventures and Stanley Tang (Co-Founder, DoorDash)
- Investors in the $5m Series A raise, which closed less than a year ago, included Y Combinator and Babel Ventures
- The company intends to use the funds to grow its licensed wholesaling platform, and scale its value-added services, which include Nabiis Capital and Nabiis Analytics
- The company is a licensed wholesaling platform supporting over 100 brands and supplying the entire network of California dispensaries with top-tier products
- The company represents a portfolio of over 100 top-tier brands distributing more than $350m worth of cannabiis products per year
