Blog

Leaf Trade Raises $5.5M in Series A

Leaf Trade, the leading wholesale cannabis ecommerce platform, announced their Series A financing. Hyde Park Angels participated in the $5.5 million round, which was led by Artemis Growth Partners.

Leaf Trade connects licensed wholesale cannabis retailers and suppliers and standardizes operational practices that enable them to scale in a rapidly-expanding industry. This round of funding will accelerate expansion into new markets and investment in their core technology. Since leading the Series Seed round in 2019, we have seen continued growth and are excited for the company’s future.

The HPA Deal Lead Jeff Kleban serves on the Board of Leaf Trade. Jeff is an experienced cannabis investor and proven entrepreneur, most recently selling his mobile enterprise application company to SAP.

Read more about the round in the press release or in Chicago Inno, Built In Chicago and FinSMEs.