In this insightful and well-written article, “Missouri Cannabis Operators Exit LeafLink Amid Price Hikes,” Brandon Dunn and Libby Arlen of Greenway Magazine highlight the shift from LeafLink to Apex Trading by the entire Missouri cannabis market.
In addition to covering just how Missouri cannabis operators are exiting LeafLink, this piece features quotes and nuggets of cannabis wisdom from Apex Trading’s founder and CEO, John Manlove. You’ll find gems like this, \u201cWe don\u2019t come from big tech. We don\u2019t come from Wall Street. We\u2019re cannabis people,\u201d he said. \u201cI fell in love with the plant in high school, and most of our team did too. We have a passion and a longing to see this industry succeed.\u201d This is a great example, captured in print, of Apex Trading’s “plant first” ethos, something our company lives and breathes.
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Missouri\u2019s cannabis industry is undergoing a significant transformation as dozens of operators cut ties with LeafLink, one of the nation\u2019s largest wholesale cannabis platforms. The shift comes in response to sudden and dramatic pricing changes that have left many licensees re-evaluating the value of the services they use to manage supply chains, sales, and wholesale distribution.<\/p>\n\n\n\n
Roughly one month ago, cannabis cultivators and manufacturers were notified of massive increases in service fees, with some citing jumps of 300% to as much as 2,000%, from LeafLink.<\/p>\n\n\n\n
\u201cWe were looking at a 15x to 20x, a 1,500%-2,000% increase, because it depends on the size of your revenues,\u201d said Howie Keum, CEO and Co-Founder of Local Cannabis\/Calyx Peak. \u201cYou can\u2019t just quadruple or 10x or 20x someone\u2019s monthly bill and… read more<\/a><\/p>\n\n\n\n Interested in learning more about how Apex Trading is helping hundreds of brands and thousands of dispensaries connect and transact, streamline ops, and create efficiencies throughout their organizations, all while keeping costs low and staying true to the plant? Click below for to sign up for a quick demo. <\/p>\n\n\n\n