Cannabis Startup Tradiv Closes $1M Financing Round

Tradiv, which runs an online platform that helps with wholesale deals in the marijuana industry, has cemented a $1 million round of funding to assist sustain its development.

The company formally launched on Oct. 1 after completing a company accelerator program with CanopyBoulder in June. It had the ability to raise the $1 million through connections with the ArcView Group, Poseidon Asset Management, TL Partners and Anslinger Capital.

Tradiv aims to connect buyers and sellers (merchants, growers and infused products makers) of wholesales marijuana items via an online marketplace.

CEO Aeron Sullivan stated Tradiv, which wased established in 2014 in San Diego, has actually worked with nine full-time staff members and finished developing out the facilities essential to support its innovation.

After completing the CanopyBoulder company program, the company relocated to Colorado, where it estimates there’s about 2,500 marijuana retailers, growers and instilled product makers.

Tradiv joins two-year-old...

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