Nabis (company)
Nabis is an online marketplace for cannabis. The company is one of the largest business-to-business distributors of cannabis in California.[1][2]
Services[edit]
Nabis acts as an intermediary between cannabis cultivators (manufacturers) and dispensaries (retailers).[3] For cultivators, the company provides inventory management software and warehouses.[4] For dispensaries, the company provides wholesaling and delivery.[5]
Nabis works with about 100 cultivators,[6] including Pabst Blue Ribbon and Biscotti, and about 700 dispensaries.[7]
Company[edit]
In 2017, Vince Ning and Jun Lee, former software engineers at Microsoft and Facebook,[8] respectively, founded Nabis.[9] Ning is the company's CEO; Lee is the president.[10]
In 2019, the company graduated from the startup accelerator Y Combinator.[11]
Nabis' investors include Y Combinator, Stanley Tang, and Paul Buchheit.[12][13]
References[edit]
- ↑ Sharkey, Grace (July 7, 2021). "Nabis diversifies cannabis brands with $23M raise for distributor marketplace". FreightWaves. Retrieved August 24, 2021.
- ↑ Jackson, Margaret (February 18, 2021). "Nabis nails wholesale cannabis delivery in California. What's next for Vince Ning and Jun Lee?". MJ Brand Insights. Retrieved August 24, 2021.
- ↑ Paul, 1Margaret; Lee, Jane (March 16, 2021). "Cannabis entrepreneurs, celebrity investors light up as legalization blooms". Reuters. Retrieved August 24, 2021.
- ↑ Burns, Matt (October 15, 2020). "Nabis raises $5m Series A to grow its cannabis distribution platform". TechCrunch. Retrieved August 24, 2021.
- ↑ Brown, Chris (January 22, 2019). "Hauling Cannabis and Cash: New Fleets Serve Exploding Industry". Business Fleet. Retrieved August 24, 2021.
- ↑ Jackson, Margaret (February 18, 2021). "Nabis nails wholesale cannabis delivery in California. What's next for Vince Ning and Jun Lee?". MJ Brand Insights. Retrieved August 26, 2021.
- ↑ Ward, Andrew (May 17, 2021). "How a Facebook engineer and a Microsoft engineer cofounded one of California's top cannabis distributors". Business Insider. Retrieved August 26, 2021.
- ↑ Daso, Frederick (November 4, 2020). "Nabis Raises $5 Million To Take The Cannabis Industry To A New High". Forbes. Retrieved August 24, 2021.
- ↑ Lee, Yeji (July 1, 2021). "Former engineers from Microsoft and Facebook just raised $23 million to dominate a crucial but overlooked piece of the biggest US cannabis market". Business Insider. Retrieved August 24, 2021.
- ↑ Ward, Andrew (May 17, 2021). "How a Facebook engineer and a Microsoft engineer cofounded one of California's top cannabis distributors". Business Insider. Retrieved August 24, 2021.
- ↑ Mack, Heather (March 15, 2019). "Cannabis Startups With Y Combinator Backing Go From Seed to Weed". Wall Street Journal. Retrieved August 24, 2021.
- ↑ Daso, Frederick (November 4, 2020). "Nabis Raises $5 Million To Take The Cannabis Industry To A New High". Forbes. Retrieved August 24, 2021.
- ↑ Burns, Matt (October 15, 2020). "Nabis raises $5m Series A to grow its cannabis distribution platform". TechCrunch. Retrieved August 24, 2021.
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