Seattle-Based Leafly $23M and $120M DeeperGeekWire
Seattle-Based Leafly $23M and $120M DeeperGeekWire a cannabis technology and media platform, has recently gained over $143 million in funding from GeekWire, a technology news website. The funding includes $23 million in a recent round of funding and $120 million in a deeper round. This new capital injection is expected to help Leafly expand its scope of operations, as well as to further their mission of bringing cannabis information to users in a safe and reliable way. This article will take an in-depth look into the recent funding from GeekWire, as well as its implications for Leafly.
Overview of Leafly’s Development
Leafly is a Seattle-based cannabis technology and media platform founded in 2010. It provides users with access to information and resources related to cannabis, such as strains, dispensaries, and products. Leafly also offers a variety of services, such as personalized recommendations and product reviews.
In addition to this, Leafly has developed a series of mobile applications, enabling users to access cannabis-related information on the go. In the past few years, Leafly has attracted a substantial amount of attention and investment, which has enabled the company to expand its operations and reach a wider audience.
Details of the Funding from GeekWire
In December 2020, GeekWire reported that it had invested a total of $143 million in Leafly. This includes a $23 million round of funding and a $120 million deeper round. The funds will be used to further Leafly’s mission of providing cannabis information and resources in a safe and reliable way. In addition, the funds will also help Leafly expand its operations and reach a wider audience.
Implications of the Funding
The recent funding from Seattle-Based Leafly $23M and $120M DeeperGeekWire is expected to have a significant impact on Leafly’s operations and growth. The funds will enable Leafly to expand its scope of operations, as well as to further its mission of bringing cannabis information to users in a safe and reliable way. Additionally, the funding will also help Leafly develop and release more mobile applications, allowing users to access cannabis-related information on the go.
Future Plans for Leafly
Leafly has stated that it plans to use the funds to expand its operations and reach a wider audience. Additionally, the company plans to develop more mobile applications, as well as improve the existing ones. Furthermore, Leafly also plans to use the funds to increase its staff and develop new products.
Conclusion
Leafly’s recent funding from GeekWire is expected to have a positive impact on the company’s operations and growth. The funds will enable Leafly to expand its scope of operations, as well as to further its mission of bringing cannabis information to users in a safe and reliable way. Additionally, the funding will also help Leafly develop and release more mobile applications, allowing users to access cannabis-related information on the go. The future looks bright for Leafly and its users, as the company continues to make strides towards its mission.