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Cannabis POS Provider Green Bits Raises $2.2 Million to Expand Geographically

Green Bits Passes $1.5 Billion in Annual Cannabis Sales; Raises Capital to Support Geographic Expansion

Proceeds to accelerate sales, customer support and product development as the company expands into new geographic markets, including California, Maryland and Nevada.

SAN JOSE, CA (PRWEB) AUGUST 09, 2017

Green Bits, Inc., the leading retail management platform for the legal cannabis industry, announced today that the company has passed $1.5 billion in annual sales processed through its point-of-sale (POS) system. The company also announced that it completed a $2.2 million growth financing with participation from Casa Verde Capital and several prominent Silicon Valley entrepreneurs. Green Bits will use the proceeds to accelerate sales, customer support and product development as the company expands into new geographic markets, including California, Maryland and Nevada.

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