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NABIS
Logistics & Supply Chain
Nabis is a California-based cannabis wholesale distribution platform connecting licensed cannabis brands with licensed retailers, functioning as technology-enabled distribution infrastructure for the legal cannabis supply chain.
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Nabis was founded in 2019 by Vince Ning and Anthony Georgiades, based on the observation that the legal cannabis industry, which operates under a fragmented, state-by-state regulatory framework given cannabis's continued federal illegality despite state-level legalization in a growing number of U.S. states, has historically lacked the kind of technology-enabled wholesale distribution infrastructure that connects manufacturers with retailers in most other consumer product categories, leaving many licensed cannabis brands managing distribution relationships with individual licensed retailers manually, a process complicated significantly by the strict state-specific licensing, compliance tracking, and payment processing requirements that legal cannabis commerce requires given the industry's unique regulatory status. Nabis's platform functions as licensed wholesale distribution infrastructure, connecting licensed cannabis product brands with licensed cannabis retailers within a given state's legal market, handling the logistics of moving product between brands and retailers while maintaining the detailed regulatory compliance tracking that legal cannabis commerce requires under state "seed-to-sale" tracking systems designed to prevent diversion of legal cannabis into illicit markets. The company has positioned itself as providing distribution infrastructure tailored to state-regulated cannabis markets.”and financial services companies serving other consumer product categories have been unwilling or unable to serve the cannabis industry, creating demand for cannabis-specific distribution infrastructure built specifically to navigate the industry's unique regulatory and compliance requirements. Nabis has also addressed payment processing challenges specific to the cannabis industry, which has historically faced significant difficulty accessing mainstream banking and payment services given cannabis's federal illegal status, by building payment infrastructure specifically designed to handle cannabis industry transactions compliantly. The company's customers span licensed cannabis product brands seeking efficient distribution to retailers across the states where Nabis operates, as well as licensed retailers seeking a more efficient way to source products from multiple brands through a single distribution relationship. Nabis has raised venture funding from investors including Founders Fund and Base10 Partners, reaching unicorn status among cannabis industry technology and distribution companies.
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