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§ Private Profile · San Francisco, CA, USA
Nabis is the largest licensed cannabis wholesale platform.
Nabis has raised $44.0M across 4 funding rounds.
Key people at Nabis.
Nabis was founded in 2018 by Vince Ning (Founder) and Jun S. Lee (Founder).
Nabis has raised $44.0M in total across 4 funding rounds.
Nabis is the #1 licensed cannabis wholesaling platform in California, supporting over 300 exclusive brands and supplying the entire network of state-licensed dispensaries with top-tier products. Nabis offers clients lightning-fast fulfillment, warehousing, payment processing, financing, data analytics, sales and marketing services to enable more brands and retailers to innovate, launch and scale.
Key people at Nabis.
Nabis is the largest licensed cannabis wholesale platform in the United States, primarily operating in California, New York, and Nevada. It provides a comprehensive B2B technology platform that streamlines the cannabis supply chain by offering fast fulfillment, warehousing, payment processing, financing, data analytics, and sales and marketing support. Serving over 400 exclusive cannabis brands and the entire network of licensed dispensaries in these states, Nabis enables brands and retailers to efficiently launch, scale, and manage inventory with compliance and operational ease[1][2][4][6].
For an investment firm perspective, Nabis’s mission is to build the most powerful licensed cannabis wholesale platform with a multi-channel fulfillment network that simplifies cannabis commerce globally. Its investment philosophy centers on leveraging technology to solve unique cannabis industry challenges such as regulatory compliance, logistics, and payments. Key sectors include cannabis wholesale, fintech, and supply chain technology. Nabis impacts the startup ecosystem by setting new standards for cannabis distribution efficiency and compliance, fostering innovation among cannabis brands and retailers through data-driven insights and scalable infrastructure[2][6].
Founded in 2018 by serial tech entrepreneurs Vince C. Ning and Jun S. Lee, Nabis emerged from their combined experience in enterprise software and a deep passion for cannabis. Both founders started as delivery drivers in the cannabis industry, gaining firsthand knowledge of the supply chain’s inefficiencies. Vince Ning previously worked as an engineer at Microsoft and founded a software company acquired by Amazon, while Jun Lee was an engineer at Facebook and founded an AI company. Their tech backgrounds and industry insight led to the creation of a digital-first wholesale platform tailored to cannabis’s unique regulatory and logistical needs. Early traction included rapidly scaling to support over 300 brands and becoming California’s largest licensed cannabis wholesaler[2][3][6].
Nabis rides the wave of cannabis legalization and the rapid growth of regulated cannabis markets, leveraging technology to address the sector’s complex compliance, payment, and logistics challenges. The timing is critical as cannabis markets mature and demand for efficient, compliant wholesale solutions intensifies. Market forces such as increasing legalization, consumer demand, and the need for supply chain transparency favor platforms like Nabis. By centralizing and standardizing cannabis wholesale operations, Nabis influences the broader ecosystem by enabling brands and retailers to innovate and scale more effectively, setting industry standards for technology-driven cannabis commerce[1][2][4].
Looking ahead, Nabis is poised to continue its national expansion, potentially entering new states as interstate cannabis commerce regulations evolve. Trends shaping its journey include further legalization, increasing demand for data-driven supply chain solutions, and the integration of fintech services tailored to cannabis. Nabis’s influence is likely to grow as it deepens its technological capabilities and expands its multi-channel fulfillment network, potentially becoming the backbone of licensed cannabis wholesale in the U.S. Its leadership in operational efficiency and compliance will remain critical as the cannabis industry scales and matures[2][4][5].
Nabis was founded in 2018 by Vince Ning (Founder) and Jun S. Lee (Founder).
Nabis has raised $44.0M in total across 4 funding rounds.
Nabis's investors include Anthemis Group, Crosslink Capital, Pelion Venture Partners, TMV, U.S. Department Of Defense, Jett McCandless, Stanton Green, Ted Serbinski, Stanley Tang, Artemis Growth Partners, FJ Labs, Liquid 2 Ventures.
Nabis has raised $44.0M across 4 funding rounds. Most recently, it raised $31.0M Series B in June 2021.
