On September 13, 2022, GrowerIQ, a robust cannabis management software as a service (SaaS), announced that it had secured a C$3 million convertible note round co-led by Houston-based Golden Section and Toronto’s MaRS IAF, with participation from LAGO, Delbridge, GTM Fund, and Gaingels. GrowerIQ plans to invest the capital in marketing and sales as well as product development to expand the reach of its platform.
GrowerIQ's cannabis industry-specific enterprise resource planning (ERP) software helps Licensed Producers boost traceability, lower operating costs, stay compliant, and improve overall product quality management.
Fasken advised GrowerIQ with a team comprised of Will Shaw,Chris Dittrich, Jake Woloshyn and Alec McIlwraith-Black.
Jurisdiction
- Ontario
