James Yi is the founder and CEO of Magazine tradea privately held cannabis fintech company revolutionizing the B2B side of the value chain.
Yi, who will be speaking at the upcoming Benzinga Cannabis Capital conference in Miami, will talk about how Leaf Trade technology enables growers and distributors of all sizes to source customers, advertise, manage receivables and transact on a single cloud-based platform.
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Yi previously co-founded NextME and served as a cannabis industry consultant. Leveraging his experience building, he started Leaf Trade to provide wholesale cannabis businesses with technology-enabled solutions to support the scaling of an entire industry.
With Leaf Trade, outlets experience all of shopping in a single, legally compliant B2B marketplace. Cultivators and processors can manage the status of incoming orders and collaboratively streamline order fulfillment using Leaf Trade’s enterprise tools, says Yi.
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Leaf Trade streamlines sales, order fulfillment and supply chain management by providing CRM, essential integrations and other business tools that save time and help grow cannabis businesses.
A complete B2B Cannabis solution
In addition, as a complete B2B cannabis solution, Leaf Trade supports cultivators throughout the wholesaling process through its user-friendly cannabis marketplace that connects cultivators and dispensaries via flexible integrations, reinforces brands through tailored advertising opportunities, supports inventory management and robust advanced analytics.
Founded in 2016, the Chicago-based company operates in 25 states, achieving majority market share in the Midwest and East Coast with more than $2 billion in annual gross merchandise value processed. Additionally, Leaf Trade raised a $12.5 million Series B preferred investment round led by Measure 8 Venture Partners and Artemis Growth Partners to fund the company’s ongoing expansion into several states, most recently Arizona, Nevada and Michigan.
The Leaf Trade and Leaf Pay electronic payment system enhances, streamlines and integrates critical functions for many of the world’s largest cannabis companies, including Curaleaf (OTCQX: CURLF ), Verano (OTCQX: VRNOF ), Green Thumb Industries (OTCQX: GTBIF ), Trulieve (OTCQX: TCNNF ), Columbia Care (OTCQX: CCHWF ), Acreage (OTCQX: ACRHF ), Jushi (OTCQX: JUSHF ), AYR (OTCQX: AYRWF ), Pharmacann and Holistic Industries.
For those interested in building the future of wholesale cannabis…they’re hiring! “As Leaf Trade continues to grow rapidly, they are hiring rock star talent to join the team.” per Yi’s LinkedIn.
Michael PiermontLeaf Trade’s President and Chief Revenue Officer is also a speaker at the 16th Benzinga Cannabis Capital Conference in Miami.
Meet James Yi and Michael Piermont in person at the Benzinga Cannabis Capital Conference at Miami Beach’s historic Fontainebleau Hotel on 11-12 April. This is where you can get OFFERS MADE, raise money and jump-start M&A. Meet investors, cannabis advocates and key partners. Secure your tickets now before the prices go up.
Image credit: LinkedIn and magazine trading website edited by Benzinga