Nabis Marketplace Simplifies Transactions Between Thousands of Retailers and Brands in America’s Largest Cannabis Marketplace | Business

SAN FRANCISCO–(BUSINESS WIRE)–March 8, 2022–

Nabis, the leading licensed cannabis wholesale platform, is expanding its marketplace that lists over 4,000 products on active sale and now facilitates transactions for thousands of retailers and exclusive brands, with a delay of two-day expedition. For Nabis, a fair and democratized approach to bulk ordering is an essential part of supporting a diverse cannabis industry by providing choice, access and innovation.

“The Nabis Marketplace platform has redefined the way Californian cannabis brands and retailers do business,” said Vince C. Ning, co-CEO and co-founder of Nabis. “We no longer see ourselves as just an authorized distributor. Rather, we are an end-to-end wholesale platform that solves the fundamental problems of cannabis wholesale, which boil down to transaction complexity and risk. »

As an agnostic wholesale platform, a variety of businesses, from boutiques to large corporations, have the option of having equal digital storage space. Brands are not favored based on sales volume or other criteria, giving retailers the flexibility to make buying decisions based on their own preferences. For example, they can support equity in the industry by using filters to sort out women-owned businesses or BIPOCs.

To further streamline the ordering process, Nabis Marketplace is launching a new ACH payment integration for retailers this month and continues to facilitate communications between brands and retailers, quickly becoming a go-to resource for cannabis businesses of all sizes. to establish direct relationships. With everything centralized in one place online, Nabis Marketplace simplifies the discovery, purchase and shipment of products between retailers and brands so they can easily scale and adapt to meet to market demands.

“As a retailer, Nabis Marketplace has allowed us to make our buying process faster and much more efficient in terms of inventory turnover and purchasing volume,” said Michelle Mendoza, director of buying for the network of Sweet Flower dispensaries. “Also, for small, growing brands, it’s an avenue of marketing that didn’t exist before.”

Nabis supports partners with end-to-end services that include live wholesale inventory updates, sophisticated data analytics, lower minimum delivery charges, exclusive promotions, and personalized delivery scheduling with two-day delivery guaranteed at more than 95% on-time delivery. full rate. Businesses across California have taken notice of Nabis’ offerings, resulting in notable recent partnerships with LBS Distribution, Mendocino Grasslands, Headwaters, Cali Select, Dodi, Pamos, Emerald Sun, Bad Hombre and Congo Club.

In the last 14 months alone, Nabis has more than doubled the trading volumes of its platform. This milestone is the result of the constant strengthening of the entire industry and operators who have partnered with Nabis to help shape its best technology products and first-party licensed fulfillment services.

For more information about Nabis Marketplace and service offerings, please visit nabis.com.

About Nabis

Nabis is the #1 licensed cannabis wholesale platform in California, supporting over 150 exclusive brands and supplying the entire network of state-licensed dispensaries with premium products. Nabis provides customers with lightning-fast fulfillment, warehousing, payment processing, financing, data analytics, sales and marketing services to enable more brands and retailers to innovate, to start and grow. Founded in 2018 by serial tech entrepreneurs Vince C. Ning and Jun S. Lee, Nabis is powered by cutting-edge technology designed to support cannabis wholesale between brands and retailers. Nabis works directly with its partners to streamline the regulated cannabis wholesale process by leveraging actionable, industry-leading data and insights to help brands and retailers scale strategically. Learn more: www.nabis.com

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KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: DATA MANAGEMENT SUPPLY CHAIN ​​MANAGEMENT ALTERNATIVE MEDICINE ONLINE RETAIL TECHNOLOGY TOBACCO OTHER CONSUMER HEALTH RETAIL NETWORKS CONSUMER

SOURCE: Nabis

Copyright BusinessWire 2022.

PUBLISHED: 08/03/2022 10:03 AM/DISC: 08/03/2022 10:03 AM

http://www.businesswire.com/news/home/20220308005437/en

Copyright BusinessWire 2022.

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