Tuesday, May 22, 2018

MainStem Gets $2.175M For Cannabis E-Commerce

Seattle-based Mainstem, which is developing software to help with cannabis e-commerce, has raised $2.175M in a Series B funding round, the company said today. The funding was led by Merida Capital Partners, and also included Poseidon Asset Management and its Series A investors. The company said the funding will go towards software development, sales and marketing, and enhanced operations. MainStem's Chairman and CEO is Alen Nguyen.