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

By PYMNTS | 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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