Leaf Trade, a technology company whose platform facilitates ordering and fulfillment for sellers and buyers of wholesale cannabis products, closed its $12.5 million Series B preferred round, led by Artemis Growth Partners, bringing funding to date for Leaf Trade to a total of $22.5 million.

Leaf Trade is the fastest-growing B2B cannabis technology platform powering the industry's leading wholesale cannabis marketplace and digital payment infrastructure. Leaf Trade powers ordering and fulfillment for cultivators, retailers, distributors, processors, and dispensaries in over 24 states, and facilitates nearly $2B in annualized net sales.