Daily Data Dive

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

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

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

$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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