Canix, a San Francisco, CA-based provider of a cannabis ERP seed-to-sale platform, raised $10M in Series A funding.
The backers were not disclosed.
The company intends to use the funds for the development of features for cultivation forecasting, material resource planning (MRP), warehouse management, and procurement, as well as for market expansion considering several states have recently passed legislation allowing recreational or medical cannabis, and several more are expected to pass this year.
Company: Entrc, LLC
Round: Series A
Funding Month: June 2022
Company Website: https://www.canix.com/
Software Category: Streamlined Cannabis Software
About the Company: Founded in 2019, Canix is a cannabis ERP software and seed-to-sale platform for cannabis cultivators, manufacturers, and distributors. the company serves both large commercial operations and standalone single-service operators. Canix provides a suite of tools for cannabis companies to operate efficiently and increase profit margins while remaining compliant with legislative authorities. With Canix, businesses have complete control over their real-time inventory and sales data.