LeafLink announced a strategic partnership with Leafgistics. This agreement establishes an exclusive partnership in the state of California, where Leafgistics will plan inventory and coordinate the movement and storage of wholesale cannabis products.
As part of this collaboration, LeafLink has made an undisclosed investment in Leafgistics, reinforcing their shared vision of addressing the complexities within California's cannabis supply chain through technology-driven logistics solutions. This partnership represents a significant milestone for LeafLink as it builds an ecosystem of cannabis commerce through purposeful relationships, aiming to advance the industry. Leafgistics has seamlessly integrated into LeafLink's technology stack to ensure the efficient delivery of products sold on the LeafLink Marketplace.
By accessing Leafgistics' logistics services, LeafLink's extensive community of over 1,200 buyers and sellers in California can benefit from hassle-free product deliveries. Leafgistics offers a comprehensive range of curated logistics services tailored to meet the specific needs of each client. These services include secure transportation and distribution, inventory management, precise order fulfillment, cash consolidation, and more. With strategically located fulfillment centers in San Diego, Los Angeles, and Santa Rosa, totaling 150,000 cubic feet of storage space, Leafgistics provides essential visibility into each step of the distribution process through a pioneering warehouse management system. Moreover, Leafgistics provides value-added services such as retail-ready labeling and kitting and delivery within a 24-hour turnaround in metropolitan areas.
Artie Minson, President and CEO of LeafLink, emphasizes the company's commitment to delivering best-in-class solutions for the cannabis industry. "Through our partnership with Leafgistics, we are elevating our services to the next level, providing California cannabis companies with industry-leading transportation, fulfillment, and distribution services. As LeafLink enters a new phase of growth, partners like Leafgistics play a vital role in expanding our commerce ecosystem and better serving the cannabis sector."
Steven Maman, Co-CEO of Leafgistics, highlights the importance of a logistics provider that understands the necessities of cannabis operators. "Operators deserve a logistics provider that is attuned to their specific needs. Leafgistics is a pioneer in cannabis logistics, paying meticulous attention to the details that can make or break cannabis distribution, from maintaining optimal product temperatures to ensuring regulatory compliance."
Jon Saco, Chief Operating Officer at March and Ash, a retailer who is a customer of the LeafLink and Leafgistics partnership, praises the operational efficiency gained through the combined technology and services. "Two years ago, if I ordered something from a vendor and it didn't come on the truck, I'd have to wait two weeks to get that truck back down with the product. With LeafLink and Leafgistics, I can press a button and get that product the next day. I'm able to fix these problems a lot easier, and our out of stocks are improving."
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