Is Leafbuyer Technologies The Hidden Gem Of Cannabis Retail?

As the cannabis industry continues to evolve, it remains one of the hottest investment sectors for a large number of institutions and individual investors with a decent risk appetite. However, the focus of most of these investors remains on larger companies like Canopy Growth and Aurora Cannabis, which are already trading at huge revenue multiples even after the recent correction.

In such a scenario, it is important for investors to identify companies with an excellent growth potential, a focus on innovation, strong customer loyalty, and a reasonable valuation. One example is Leafbuyer Technologies, a hidden gem with immense potential to generate fantastic returns within the cannabis space.

What Is Leafbuyer’s Business?

Leafbuyer terms itself as a marketing and technology solutions company catering to the legal cannabis industry. Based in Colorado, the company operates through its online portal,, which is one of the most comprehensive online sources for cannabis deals. Its purpose is to act as a common platform to connect legal cannabis businesses and dispensaries with consumers and allowing these businesses to display their product variety and build a loyal consumer base. Its business model is very similar to that of Priceline or Yelp for legal cannabis products. The platform integrates with several dispensary point-of-sale systems to offer live, up-to-date menu information.

The Leafbuyer Total Network boasts millions of visitors from legal states across the country each month.  It has one of the largest cannabis deals databases in the industry, which helps connect consumers with low prices on popular cannabis products. In fact, Leafbuyer is  the official cannabis deals platform of Voice Media Group, Dope Magazine and other prominent digital and print publications. The Leafbuyer management is also successfully taking steps towards entering the big data game as they collect the data of millions of consumers visiting the platform every month, analyze it, and pass on the relevant insights to the cannabis companies to help them in better understanding their needs and mindset, develop new products, and create more accurate demand forecasts.

How Is The Management Looking To Grow?

Leafbuyer is currently a market leader within its niche segment in Oklahoma and has penetrated several U.S. states. The rapids expansion and demand for Leafbuyer products and services warranted the June 2019 opening of the company’s first satellite office, located in Los Angeles. In early July 2019, the company was in the news for raising $4.5 million through a private placement of common stock and warrants to two institutional investors. The management intends to use the net proceeds of $4.04 million for financing its working capital and eventually generating positive free cash flows. Unlike other cannabis players that are burning heavy amounts of cash, Leafbuyer is near its break-even point. Management expects to achieve it by the end of the first half of 2020. This would be carried out through aggressive user acquisition as Leafbuyer aims to double its organic growth by the end of 2019 and reach a $4 million annualized revenue run rate through organic growth.

The core team is also looking at carrying out some relevant strategic acquisitions with strong synergies in the coming months, which could push the forecasted top line to as much as $8-10 million. The company’s short-term goal is to reach this turnover soon and uplift its listing to NASDAQ to enable them to go for a larger fundraise for further expansion and more tech-based acquisitions. Last year, Leafbuyer acquired Greenlight Technologies, a California-based application development company.The Greenlight mobile application allows consumers to place real-time orders and accrue loyalty rewards. Currently, Leafbuyer management is also in discussions to acquire Las Vegas-based trade show,

New Initiatives To Attract And Retain Customers 

While there are other digital options for a consumer looking for information to buy cannabis products, Leafbuyer stands out because of its innovative offerings. The company offers a substantial loyalty platform to help dispensary clients retain existing customers, and blockchain technology enhances the transparency of this program Also, there is a big gap of customer loyalty between large retail chains and the small mom-and-pop stores and dispensaries. CEO Kurt Rossner believes that the use of blockchain technology helps bridge this gap and helps have stronger accountability while it is embedded into the point-of-sale system of the clients.

Rossner also announced the company’s intention to launch a new version of the mobile application, which integrates the Greenlight order ahead and delivery technology with the existing Leafbuyer app and blockchain wallet. This will help augment customer loyalty and improve retention.


Companies like Leafbuyer are among the frontrunners in the race to onboard and retain loyal cannabis purchasers who might eventually be able to use these platforms for direct purchases once the laws evolve. Leafbuyer is already growing its top line at a phenomenal rate (c.69% year-on-year revenue growth recorded in the previous quarter) and the management is also working hard toward new initiatives as well as highly pertinent acquisitions. With all these positive indicators, it is safe to say today that the company appears to have a bright future ahead.


Except for the historic data introduced herein, issues mentioned on this article include forward-looking statements which might be topic to sure dangers and uncertainties that would trigger precise outcomes to vary materially from any future outcomes, efficiency or achievements expressed or implied by such statements. Salesparq, LLC which owns is not registered with any monetary or securities regulatory authority and does not present nor claim to offer funding recommendation, investment advice or suggestions to readers of this launch. Salesparq, LLC, which owns, has not been compensated for the publication of this article. For making particular funding selections, readers ought to search their very own recommendation. Please learn our full disclaimer right here:


This website is a wholly owned subsidiary of SCD Media, LLC, herein referred to as Smallcaps Daily. Our publications are a commercial advertisement and are for general information purposes ONLY. We are engaged in the business of marketing and advertising companies for monetary compensation. We may receive compensation for this article on a PPC basis as an affiliate. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. The disclaimer is to be read and fully understood before using our services, joining our site or our email/blog list as well as any social networking platforms we may use. PLEASE NOTE WELL: Smallcaps Daily and its employees are not a Registered Investment Advisor, Broker Dealer or a member of any association for other research providers in any jurisdiction whatsoever.Release of Liability: Through use of this website viewing or using you agree to hold Smallcaps Daily, its operators owners and employees harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damage (monetary or otherwise), or injury (monetary or otherwise) that you may incur. The information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. Smallcaps Daily encourages readers and investors to supplement the information in these reports with independent research and other professional advice. All information on featured companies is provided by the companies profiled, or is available from public sources and Smallcaps Daily makes no representations, warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies. None of the materials or advertisements herein constitute offers or solicitations to purchase or sell securities of the companies profiled herein and any decision to invest in any such company or other financial decisions should not be made based upon the information provided herein. Instead Smallcaps Daily strongly urges you conduct a complete and independent investigation of the respective companies and consideration of all pertinent risks. Readers are advised to review SEC periodic reports: Forms 10-Q, 10K, Form 8-K, insider reports, Forms 3, 4, 5 Schedule 13D. Smallcaps Daily is compliant with the Can Spam Act of 2003. Salesparq, LLC does not offer such advice or analysis, and Smallcaps Daily further urges you to consult your own independent tax, business, financial and investment advisors. Investing in micro-cap and growth securities is highly speculative and carries and extremely high degree of risk. It is possible that an investors investment may be lost or impaired due to the speculative nature of the companies profiled. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results.In preparing this publication, Smallcaps Daily, has relied upon information supplied by its customers, publicly available information and press releases which it believes to be reliable; however, such reliability cannot be guaranteed. Investors should not rely on the information contained in this website. Rather, investors should use the information contained in this website as a starting point for doing additional independent research on the featured companies. Smallcaps Daily has not been compensated for this article. The advertisements in this website are believed to be reliable, however, Smallcaps Daily and its owners, affiliates, subsidiaries, officers, directors, representatives and agents disclaim any liability as to the completeness or accuracy of the information contained in any advertisement and for any omissions of materials facts from such advertisement. Smallcaps Daily is not responsible for any claims made by the companies advertised herein, nor is Smallcaps Daily responsible for any other promotional firm, its program or its structure. Smallcaps Daily is not affiliated with any exchange, electronic quotation system, the Securities Exchange Commission or FINRA.
Show More

Related Articles

Back to top button