Press Release October 18, 2021

Dutchie Announces $350 Million Financing Round, Now Valued at $3.75 Billion

The Cannabis team advised Dutchie on its $350 million Series D financing round. Dutchie is now valued at $3.75 billion, more than doubling the company's valuation in less than seven months. Dutchie's latest funding round is led by D1 Capital Partners, with participation from previous investors including Tiger Global, Dragoneer, DFJ Growth, Thrive Capital, Gron Ventures, and Casa Verde Capital, and new investors, including Willoughby Capital, Glynn Capital, and Park West Asset Management.

Dutchie is a cannabis technology platform powering cannabis commerce, streamlining dispensary operations, and providing safe and easy access for consumers. Powering over 5,000 dispensaries throughout the U.S. and Canada and processing $14 billion in sales annually, Dutchie is a one-stop-shop, providing solutions for point of sale, ecommerce, seamless payments, and more.

The Goodwin team was led by partners Gregg Katz, Bill Growney, and Natalie Martirossian, and associates Katie Maxwell, Jason Goldfarb, and Fiona Gaul.

For more details, read the press release.