Nabis operates as a licensed wholesale marketplace for cannabis, facilitating transactions between licensed producers and retailers through a secure digital platform. This marketplace addresses the inefficiencies in cannabis distribution by providing a compliant and streamlined solution for inventory management and order fulfillment.
Funding
$50M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
+2Founders
Product
Problem
The cannabis industry faces challenges in distribution due to regulatory complexities, varying state laws, and the need for secure and compliant transactions between producers and retailers. This often results in inefficiencies in inventory management, order fulfillment, and payment processing, hindering the ability of brands and retailers to scale effectively.
Solution
Nabis provides a licensed cannabis wholesale platform that streamlines transactions between cannabis brands and retailers. The platform offers a marketplace with a wide selection of cannabis products, distribution services, data analytics, and financial solutions. Nabis's software-enabled portal coordinates the entire distribution lifecycle, from product pickup to delivery, while ensuring compliance with local regulations. By offering services such as warehousing, payment processing, and automated invoice factoring, Nabis simplifies cannabis commerce and enables brands and retailers to innovate and scale their operations.
Target Audience
Nabis primarily serves licensed cannabis brands and retailers looking for a streamlined solution for wholesale transactions, distribution, and supply chain management.
Features
- Online marketplace featuring over 9,000 SKUs from over 400 cannabis brands
- Two-day shipping with no minimum order quantities
- Software-enabled distribution portal for managing the entire cannabis distribution lifecycle
- Secure and compliant warehousing at multiple distribution facilities
- Automated invoice factoring through Nabis Capital, providing instant operating cash
- Real-time data analytics and reporting on sales, operations, and financial metrics
- CRM tool for account acquisition and management
- Nabis BillPay for electronic invoice payments
- API documentation for integration with existing systems