Fundraising Fox

LeafLink

New York, US · Founded 2015 · Delaware corporation · 11 known investors

LeafLink is a wholesale platform connecting cannabis brands, distributors, and retailers, offering order management, payments via ACH or net terms, compliance automation, and logistics partner discovery. It serves licensed cannabis businesses running B2B wholesale operations.

Also known as LeafLink

Founders & leadership

LeafLink was founded in 2015 by Ryan Smith.

RSRyan Smith
Ryan SmithFounderCo-Founder at Casa Verde Capital

Board

ZS
Zach SilvermaninBoard directorCo-Founder at Casa Verde Capital
AG
Andrew GreenfieldinBoard directorGeneral Partner at TIA Ventures

Investors · 11

Reported raises · per SEC filings

Form D private placements

$81.1M disclosed across 3 rounds · 2015–2021

$39.8MraisedJun 2021 · 21 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Jared WeinsteinDirector
  • Ryan SmithExecutive Officer, Director
  • Zachary SilvermanExecutive Officer
  • Ian LoizeauxDirector
  • Ta NapoleonDirector
Offering amount
$40M
Amount sold
$39.8M
First sale
Jun 2021
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$40.4MraisedDec 2020 · 24 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Ryan SmithExecutive Officer, Director
  • Ian LoizeauxDirector
  • Jared WeinsteinDirector
  • Zachary SilvermanExecutive Officer, Director
Offering amount
$40.4M
Amount sold
$40.4M
First sale
Dec 2020
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$825KraisedDec 2015 · 17 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Ryan SmithExecutive Officer, Director
  • Zach SilvermanExecutive Officer, Director
  • Andrew GreenfieldDirector
Offering amount
$1.3M
Amount sold
$825K
First sale
Nov 2015
Incorporated
Corporation, Delaware, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

LeafLink runs a business-to-business wholesale marketplace for the licensed cannabis industry, connecting brands, distributors and retailers on a single platform. Sellers upload product menus, manage orders and customer relationships, offer preferred pricing and discounts to buyers, and collect payment; retailers use the platform to discover local brands, place and track orders, monitor deliveries and process payments. The company positions the platform as a replacement for order and inventory management conducted over phone calls, texts, emails and spreadsheets.

Beyond the core marketplace, LeafLink sells adjacent modules: advertising products that give brands visibility with active buyers, payments tools with built-in ACH and net terms, an insights layer providing real-time analytics on brand performance, market trends and pricing, and integrations with ERP, CRM and seed-to-sale software. The platform supports many cannabis product categories including flower, vapes and cartridges, edibles and tinctures, as well as ancillary products, and includes verification of counterparties and compliance automation. Participation is restricted to holders of government-issued cannabis licenses.

Business model

LeafLink operates a two-sided marketplace and software platform. Brands and sellers pay for access, with pricing quoted by the sales team based on brand volume and location; retailers can sign up to shop for free. Additional monetized products include advertising, payments (ACH and net terms), analytics/insights and software integrations.

Seller-side subscription/platform pricing negotiated by volume and geography, plus advertising and payments products; retailer sign-up is free.

Traction

Public figures cited by the company include over 3,500 brands, more than 12,000 sellers and buyers across 30 markets, 5 million-plus wholesale cannabis transactions and over $1 billion in payments volume processed. Published case studies describe Bud & Mary's using LeafLink Ads, CRM and Insights to grow sales within three months, and Camaraderie reporting savings of $100,000 a year and over 80 hours a week.

Latest developments

The company is marking a 10-year milestone with content including a Q&A with Keef Brands CEO Matt Baumgartner, and has announced a partnership with the Last Prisoner Project. It also published a guide on the state of wholesale cannabis payments covering operators moving beyond cash and check.

Full profile — market position, technology, go-to-market, geography

Market position

The company states it accounts for more than 50% of wholesale cannabis transactions, with over 3,500 brands sold on the platform, more than 12,000 sellers and buyers, over 5 million wholesale transactions processed and more than $1 billion in payments transactions processed. It notes that the cannabis B2B marketplace landscape is evolving quickly with new entrants.

Positioned as a single platform spanning the entire wholesale cannabis supply chain, combining marketplace ordering with payments (ACH and net terms), advertising, analytics, compliance automation and integrations to existing ERP, CRM and seed-to-sale tools, and limited to license-verified operators.

Technology

A web platform for wholesale cannabis e-commerce covering product menus, order and delivery tracking, ACH and net-terms payments, targeted advertising, real-time analytics, compliance automation and counterparty verification, with integrations into third-party ERP, CRM and seed-to-sale systems.

Go-to-market

Direct sales to brands via demo requests and volume-based pricing, alongside free self-service retail account creation; supported by content marketing including a blog, industry guides such as a report on wholesale cannabis payments, and customer case studies.

Licensed cannabis brands, distributors and retailers/dispensaries running B2B wholesale operations, primarily in the United States.

Geography

Available in 30 markets, primarily in the United States, with market-specific content such as guidance for new dispensaries in New York.

Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Brands selling on platformJan 20253,500 brands
Markets servedJan 202530 markets
Payments transactions processed (cumulative)Jan 2025$1B
Sellers and buyers on platformJan 202512,000 sellers and buyers
Share of wholesale cannabis transactionsJan 202550%
Wholesale cannabis transactions processed (cumulative)Jan 20255,000,000 transactions

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 6

by search overlap

Companies competing with LeafLink for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 1

launches, deals, and filings
Jan 2025
LeafLink partners with Last Prisoner Project

LeafLink announced a partnership with Last Prisoner Project, a cannabis criminal justice organization.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
LeafLinkDelaware

In the news

Research sources · 1

primary sources listed

1 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does LeafLink do?
LeafLink operates a wholesale cannabis marketplace connecting licensed brands, distributors and retailers across 30 markets.
Who founded LeafLink?
LeafLink was founded by Ryan Smith in 2015.
Who are LeafLink's investors?
LeafLink's investors include Casa Verde Capital, Fairhaven Capital Partners, Muse Capital, TIA Ventures, CPMG, Founders Fund, Interplay Ventures Early Stage Management Llc, L2 Ventures and 3 more.
How much funding has LeafLink raised?
LeafLink has disclosed $81.1M raised across 3 rounds.
Where is LeafLink headquartered?
LeafLink is headquartered in New York, US.