LeafLink, the national wholesale market for the cannabis industry, has released its annual cannabis industry prices. The LeafLink 2021 list honors businesses in its community for their expertise and innovation. This year, the list includes over 230 winners from 30 North American cannabis markets in 33 global categories and 54 market-specific categories. Categories include Best Sellers, Fastest Growing, Customer Favorites, and Community Favorites. Retailer awards include top buyers, industry innovators, and early adopters.
Examples of winners included MUV, Raw Gardens, LivWell Enlightened Health, Terrapin Pennsylvania, and Jeeter in the bestseller category. And in the Best Customer Service category, The Greenery Hash Factory, Kreative Konfections, Nebula, Fire Dept. Cannabis and Medically Correct came out on top.
Despite the ongoing COVID-19 pandemic, LeafLink, like many other companies in the space thanks to being deemed essential from the start, has seen tremendous growth this year. “Since March 2020 [at the start of the pandemic], we have seen the cannabis industry flourish, ”said Ryan G. Smith, CEO and co-founder of LeakLink. “Monthly orders through the LeafLink platform have increased 112% since then. As new markets legalize and current markets expand and mature, LeafLink is focused on supporting our community of brands and retailers as they focus on expansion by leveraging our unified platform. for trade, payments and logistics.
In addition to showcasing the Early Adopters, the awards highlight the most dominant product trends of the year. By September 2021, the wholesale cannabis industry had grown 65% year over year, according to the press release announcing the winners. LeafLink’s five best performing retailers bought 9.3% more in 2021 compared to top retailers in 2020. And, this year’s top five performing brands sold 41% more in 2021 compared to 2020.
LeafLink List 2021 was created by analyzing orders in the LeafLink Marketplace from January 1 to September 30, 2021.
Founded in 2015, LeafLink serves 30 markets in the United States and Canada. Its funders include leading venture capital firms such as Founders Fund, Thrive Capital, Nosara Capital and Lerer Hippeau. According to the company, LeafLink has raised more than $ 131 million to date.