Companies in this category develop software designed to enhance consumer and patient experiences, streamline the cannabis supply chain and daily operations, ensure compliance with applicable regulations, improve brand and product visibility, and facilitate the collection, aggregation, and analysis of data.
Today, the cannabis supply chain is fragmented among producers, brands, retailers, and others. As more companies enter the space, it may become difficult to navigate processes like procurement and compliance. Software can help standardize and simplify these processes, making it easier for cannabis operators to focus on what they do best.
We believe cannabis software is a compelling investment opportunity because it has the ability to integrate with its customers’ operations, which can lead to long-term sales cycles and value retention. We expect successful software companies will concentrate on customer acquisition, sustainable month-over-month growth, product development, and user retention.
*Canopy Rivers has invested in LeafLink Services International ULC, a subsidiary of LeafLink, Inc.
This is not an offer to sell or a recommendation to trade in any securities. This information is provided as of the date hereof. This document contains data obtained from third parties that Canopy Rivers has not independently verified. This document also contains forward-looking information within the meaning of Canadian securities law, which is based on certain assumptions. While management believes these assumptions are reasonable based on information available as of the current date, they may prove to be incorrect. Many assumptions are based on factors outside of Canopy Rivers’ control and actual results may differ materially from current expectations. Forward-looking information involves risks, including, but not limited to, the risk factors set out in Canopy Rivers’ most recent Management’s Discussion and Analysis and Annual Information Form. You should not place undue reliance on forward-looking information. Except as required by applicable law, Canopy Rivers assumes no obligation to update or revise any forward-looking information to reflect new events or circumstances.
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