Baker Surpasses 1,000 Cannabis Retail Customers and Opens Third Office in Six Months as it Continues to Pick up Speed
“Salesforce of Pot” Reflects on Major Growth with Offices in Los Angeles, Denver and Seattle and 25 Percent of the Cannabis Industry Market Share
DENVER, COLO. (April 5, 2018) – Baker, the leading CRM in the cannabis industry, continues its fast-paced momentum, announcing today that it has surpassed 1,000 dispensary customers and it is opening a new office in Los Angeles, its third in the U.S. in just six months. The rapidly growing “Salesforce of Pot” now has over 25 percent market share in the cannabis industry and with offices in Denver, Los Angeles and Seattle, is looking to continue to expand its footprint and services to dispensaries.
We’re thrilled to see the results of the relationships we have created and the trust we have established with dispensaries across the country. The size of our network, coupled with our new office openings and proven track record, is why more and more businesses are joining the Baker platform.
Joel Milton, Co-Founder and CEO of Baker
On a mission to create a seamless tech ecosystem where dispensaries can easily be connected, Baker also recently announced the launch of its expanded integrations program including an API (Application Program Interface). Now with over 20 integrations, dispensaries all across the United States, Puerto Rico and Canada can easily transition between ancillary services including point of sale systems, digital signage, customer acquisition services, advertising networks, and agency and design groups, among others.
“The platform has brought so much value to our brand, organization, and customers. More importantly, the entire Baker team is made up of brilliant, innovative people who are committed to our success. I can’t imagine moving into the future without a partnership with Baker. They have worked alongside us at the forefront of change during the most challenging and rewarding moments of the year. We are so grateful for their trusted insight and dedication. In many ways, Baker enabled us to improve and take leadership in our Customer Relationship Management and Marketing. I recommend this service to any cannabis business,” says Aline G, Organic Green Treatment Center in California.
These recent milestones follow news of Baker raising an $8 million Series A round, bringing its total amount of capital raised to $11.5 million, which makes it one of the most funded companies in the Cannabis industry. Late last year, Baker also acquired Seattle-based Grassworks Media, solidifying the company as the leading CRM platform and go-to solution for Cannabis retailers.
The Denver-based software company helps dispensaries grow their brand and build relationships with their customers through a variety of products including online ordering, customer loyalty, customer messaging, and analytics. On average Baker clients see a 40 percent boost in average order size, and a 300 percent ROI in just 10 weeks.
For more information about Baker, please visit www.trybaker.com.
Baker is the leading CRM for the cannabis industry, servicing more than 1,000 dispensaries across the US and Canada. Baker helps dispensaries generate more revenue and build relationships with their customers through a variety of products featuring online ordering, customer loyalty, messaging, and analytics. On average, Baker clients see a 40 percent boost in average order size and a full ROI in just ten weeks. With over 20 integrations and growing, Baker is creating a seamless tech ecosystem where dispensaries can easily transition between ancillary services. Founded in 2014, the company graduated from notable startup accelerator 500 Startups and is already one of the most funded companies in the cannabis space with $11.5 million in total capital raised. Investors include Michael Lazerow, Base Ventures, XG Ventures, Poseidon Asset Management, Phyto Partners, The founders of Outside Lands, and others.