PYMNTS’ Daily Data Dive: Baker Technologies Raises $3.5M For Marijuana Business

By  |  March 15, 2017
 | 

As more states make marijuana legal for recreational purposes, businesses are now thinking of how to get in on the game.

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    Baker Technologies is using its software to partner with marijuana dispensaries in hopes of becoming the “Salesforce of Pot.”

    Here are the numbers:

    $3.5 million | Amount of money recently raised

    250 | Number of U.S. pot dispensaries with which Baker Technologies work

    28 | Number of states in the U.S. that allow recreational marijuana use

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    $6.7 billion | 2016 U.S. sales revenue from marijuana

    $2.3 billion | Projected state tax revenue for current U.S. states that allow retail sales for marijuana


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