LeafLink, the nationwide wholesale market for the hashish sector, has expanded its management group with a pivotal rent: Tech government Artie Minson is becoming a member of the corporate as president and chief working officer. He can even be added to LeafLink’s board of administrators.
In his new function, Minson will likely be answerable for managing operations, gross sales, advertising, customer support and company capabilities to assist the corporate’s scaling expertise companies. Minson will report back to LeafLink’s co-founder and CEO Ryan G. Smith.
Minson has a distinguished and spectacular background that encompasses all kinds of mainstream tech management positions. Previous to becoming a member of LeafLink, Minson based 715 Capital Companions, which offers early-stage capital and recommendation on technique and operations to technology-enabled subscription companies. Different notable previous roles embrace serving as co-CEO, president, chief working officer and CFO of WeWork, CFO of Time Warner Cable, and COO and CFO of AOL.
Minson has an MBA from Columbia Enterprise Faculty and a bachelor’s diploma in accounting from Georgetown College.
As extra states proceed to legalize, Minson is happy about becoming a member of LeafLink at an inflection level in each the historical past of the corporate and the trade.
“As states throughout the nation embrace the well being, financial and social positive factors related to the normalization of medical and leisure hashish, it’s crucial that the hashish ecosystem is supported by best-in-class expertise merchandise similar to LeafLink,” he mentioned…“With over 40% market share and a unified expertise platform that empowers operators to specialize and scale, LeafLink has helped convey the hashish trade into the digital age, revolutionizing the best way manufacturers, distributors and retailers handle their operations.”
Based in 2015, LeafLink has turn into a distinguished participant in its area, attracting important enterprise capital funding. In December 2020, the agency raised $40 million in Series C funding led by prime Silicon Valley enterprise capital agency Founders Fund. On Minson’s appointment at LeafLink, Matias Van Thienen, a accomplice at Founders Fund, expressed his wholehearted assist.
“Ryan and the group at LeafLink have constructed the trade’s main B2B expertise platform with roughly $5 billion in transaction quantity in 2021,” he mentioned in a public assertion. “Attracting seasoned leaders like Artie is vital to the long-term success of the authorized hashish trade given the complicated regulatory surroundings and anticipated development.”
Along with Founders Fund, LeafLink’s different backers embrace Thrive Capital, Nosara Capital and Lerer Hippeau. LeafLink has raised greater than $131 million of fairness thus far in addition to a $250 million credit score facility to supply liquidity to the hashish provide chain, in accordance with the information launch on Minson’s appointment.
The rent of Minson comes at a watershed second for LeafLink. In accordance with the agency, {the marketplace} processed about $5 billion in annual orders in 2021, making up an estimated 40% of U.S. wholesale hashish commerce. At present, LeafLink serves 30 markets throughout the U.S. and Canada with a group of 300 plus staffers in New York Metropolis, Los Angeles, Austin and Toronto.