With the expansion of cannabis legalization across the United States, the CannaTech companies behind the boom are seeing a vast increase in value.
According to AdWeek:
It would be a dramatic understatement to say cannabis commerce platform Dutchie’s valuation has been growing by leaps and bounds. As recently as August 2020, its estimated worth was $200 million. By March 2021, it was $1.7 billion. A revised estimate for this fall puts it at $3.7 billion.