- Submission
- Discovery
- Evaluation
- Commercialization
- Scaling
Employee Count
51-100
Website
Funding Status
Round A
Total Funding Amount
$ 15,000M
Funding Rounds
2Rounds
Domain
Emergency Services
Product Stage
Beta
Business Model
High Touch
Potential BUs Interest
Purchasing
Geographical Location
USA
Company Locations/Offices
San Jose, California, United States
Contact Person Details
Shelby Sosa
dignissim.tempor@velconvallisin.ca
755-1544
Source Of Contact
Press/News Article
Status
Early Stage Venture
Categorisation
Cannabis, Point of Sale, Retail Technology, SaaS, Small and Medium Businesses, Software
Main technology area
Blockchain
Maturity
Exit
Additional resources / links / articles
Industry Overview: The legal cannabis industry is a large and rapidly growing market in the United States and around the world. In North America alone, sales of legal cannabis were $12 billion in 2018 and the market is projected to grow to more than $80 billion by 2030. Currently, 33 states and the District of Columbia have passed legislation to legalize the sale and consumption of cannabis. About Green Bits: Green Bits is the nation’s leading retail and compliance management platform built to help legal cannabis retailers grow their businesses. Green Bits serves more than 1,000 cannabis retailers throughout the United States. Green Bits processes more than $2.5 billion in sales annually, or 1 in every 4 dollars of legal cannabis sold in the U.S., through its point-of-sale platform. Green Bits has offices in San Jose, California, and Portland, Oregon.
Meeting date
25/10/2014
Meeting Summary
Great suggestion for the factories!
Solution Assessment
No garden maintenance is done during the winter, other than pruning. A first interview took place as planned. The cleaning of the slabs is underway and a second maintenance is scheduled in early May, as every year, before the AG. There is no reason to change providers today.
Annual Recurring Revenue
k$ 22,500
Gross Margin
k$ 33,750
User Base
10 k Users
Internal Evaluation
Most probably in exchange, euro zone partners will be more strict on Greek compliance with structural reforms and may ask Greece to give up some sovereignty
Forecasted Impact
k$ 67,500
PoC Due Date
09/07/2017
Initial Release date
13/08/2017
Commercial Intent
Partner
Implementation Efforts (man/days)
50 man/days
Implementation Cost
k$ 1,000
M&A Completion Progress
20 %
Actual Impact
k$ 74,250
Owner
Product Manager
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