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Poseidon Investment Management helped Distru raise the money that it will use for expansion purposes.
Distru, a seed-to-sale ERP (enterprise resource planning) platform for the cannabis industry raised $6 million in a Series A funding round with Poseidon Investment Management. Distru said the money will help drive its expansion into 11 additional states, including New York with its Biotrack integration. It will also be used to expand the company’s suite of products.
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Debra Borchardt
Debra Borchardt is the Co-Founder, and Executive Editor of GMR. She has covered the cannabis industry for several years at Forbes, Seeking Alpha and TheStreet. Prior to becoming a financial journalist, Debra was a Vice President at Bear Stearns where she held a Series 7 and Registered Investment Advisor license. Debra has a Master’s degree in Business Journalism from New York University.
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The Green Market Report focuses on the financial news of the rapidly growing cannabis industry. Our target approach filters out the daily noise and does a deep dive into the financial, business and economic side of the cannabis industry. Our team is cultivating the industry’s critical news into one source and providing open source insights and data analysis
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