Canix

Canix develops enterprise resource planning (ERP) and seed-to-sale software for licensed cannabis operators, including cultivators, processors, manufacturers and distributors. The platform began as an inventory management tool with integrations into state track-and-trace systems such as Metrc, and has expanded into an all-in-one operational system covering inventory management, compliance reporting, invoicing and purchase orders, live inventory, task management, RFID and Bluetooth scale integrations, business intelligence reporting, yield tracking, cultivation forecasting, labor costing, custom label printing, an open API, a storefront/shopping-cart module, and a web app paired with an offline-enabled mobile app for capturing compliance data without connectivity.

A central positioning theme is cost accounting: Canix aggregates revenue, materials and labor data to produce cost of goods sold and "profit per gram" visibility, assigning non-cannabis inventory costs from raw materials through finished goods and tracking revenue back to the originating plant batch. Integrations include Metrc bi-directional sync, BioTrack, LeafLink order import, and accounting systems such as QuickBooks and Sage (including Sage Intacct). The company has more recently added a wholesale marketplace for live inventory, real-time pricing and ordering between operators and buyers, and an MCP server allowing natural-language querying of customer data.

Canix is a Y Combinator Summer 2019 company based in San Francisco, operating under the legal entity Entrc, Inc. (also referenced as Canix, Inc). It was founded by Stacey Hronowski, who serves as CEO and co-founder, and Artem Pasyechnyk, co-founder and CTO.

Founding story

According to the company, Canix was founded by Stacey Hronowski in 2019 after she consulted for a cannabis company in California and observed its operational challenges. The product started as an inventory management tool with integrations to state systems such as Metrc before broadening into a full seed-to-sale and ERP platform. Y Combinator lists the founding year as 2018 and the accelerator batch as Summer 2019.

Business model

Canix sells a software-as-a-service ERP platform to licensed cannabis businesses, spanning single-site operators and large multi-facility commercial operations. Deployment is supported by in-house implementation and product-specialist teams, and the product is extended through integrations with state compliance systems, accounting software, marketplaces and hardware such as RFID scanners and Bluetooth scales. A wholesale marketplace offering is also promoted with free sign-up for buyers.

Canix provides its cannabis ERP as a subscription software platform sold to operators, with a marketplace product offered to buyers on a free sign-up basis; specific pricing is not disclosed on the reviewed pages.

Traction

The company's site reports more than 1,000 facilities across 30 states using the platform, and its about page cites 670+ facilities, 50+ combined industry years on the team and $500M in processed orders. At the time of its 2022 Series A, Canix reported 2,300 licenses served across 15+ states and six countries. Y Combinator lists a team size of 22.

Latest developments

Canix has announced a combination with Trym, promoted as the two companies joining forces to help cannabis operators increase profitability across the supply chain, and it now offers a Canix Marketplace for wholesale cannabis with live inventory, real-time pricing and online ordering. Recent product and content updates include the launch of an MCP server for natural-language data queries, a user interface modernization, and a reporting migration from Looker to ThoughtSpot.