The cannabis industry is quickly growing up, and companies like Nabis play a critical role. Today, the company is announcing it raised $5 million in Series A funding, which will help it grow and expand its offering.
Nabis is a business to business distributor, handling logistics, payment, and warehousing. Instead of being a distributor for beer, snacks, or pet supplies, Nabis is a cannabis distributor. The company acts as a middleman between cultivators and retail establishments, providing both parties’ unique services. Since it’s illegal to ship cannabis through traditional means, most cannabis operators turn to private operations to transport goods.
Founded in 2107, Nabis says it ships a quarter of a billion dollars of cannabis each year to just the California market. With additional funding,