We reported last May on the Big Green Exchange, and how dispensaries and manufacturers can now purchase top quality flower online through this new portal, dubbed "The eBay of Marijuana." Today, we noticed that lots that are selling in quantities that could retail for upwards of $2 million.
Company has proprietary online and app technologies
that change the way legal marijuana is purchased and sold.
The Green Exchange, Inc., the developers of “Big Green Exchange” – the nation’s only certified online medical marijuana auction site; and “Loud Cannabis” – the world’s first HIPAA compliant Farm-to-Table marijuana delivery service, announced today that the company received its second round of funding.
The capital will be used to complete the build out of technology, which is now available only in California, and make it applicable to every state with a legal cannabis program, including Colorado, Washington, and Oregon.
The company received the funding from a group of private investors.
The Green Exchange was founded by a unique collaboration between cannabis farmers and technology developers...
Recently, a CBS News report that put a spotlight on the big players entering the rarefied air of corporate cannabis. “
Delivery apps are part of a growing push by the cannabis industry to bring technology to bear on everything from growing and testing to selling and delivering their product,” CBS reported. “With marijuana legal in 23 states and big business in places like California, where sales reached $1.1 billion last year, there is no shortage of entrepreneurs and investors interested in getting in on the action.”
Rapper Snoop Dogg invested in the marijuana delivery service EAZE, while Peter Thiel, co-founder of PayPal and an early investor in Facebook, put money into Leafly – “A Yelp-like app that works like a marijua...