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Nabis, a cannabis wholesale platform, expanded its digital Marketplace to New York, bringing its distribution, financing, and analytics technology to the state's growing cannabis market. The market generated $114.6 million in sales in May 2025, a 100.4% year-over-year increase. The Marketplace offers a supply chain solution, streamlining B2B transactions. It launched with nearly 40 brands and offers retailers access to real-time inventory and automated order suggestions. Nabis aims to build a more sustainable cannabis industry, supporting over $1B in transactions and earning recognition from Inc. 5000, Fast Company, and Deloitte.

Nabis Expands Online Cannabis Marketplace Platform to New York

Jun 24, 2025

Staff

MG Magazine



*NEW YORK —*

Nabis, a leading licensed cannabis wholesale platform, expanded its digital
Marketplace to New York. Along with robust fulfillment services, the
Marketplace brings the company’s full suite of distribution, financing, and
analytics technology to one of the country’s fastest-growing cannabis
markets.

New York’s cannabis market is rapidly evolving, with adult-use quickly
approaching $1.5 billion in cumulative sales since 2022. In May of 2025
alone, the market generated $114.6 million in sales — a 100.4%
year-over-year increase. As the number of licensed retailers climbs and
consumer demand accelerates, operators across the state are racing to keep
up. Nabis’ Marketplace arrives at a pivotal moment, offering a scalable
supply chain solution designed to meet that rising demand, reduce friction
in B2B transactions and enable businesses of all sizes to grow sustainably.

“Tech infrastructure has the power to amplify growth and access across
operators of all sizes,” said Vince C. Ning, Co-Founder and CEO of Nabis.
“With e-commerce services such as sales-enablement, marketing, financing,
and logistics that are purpose-built for cannabis, we’re providing brands
and retailers tools to thrive in a fragmented environment as we expand
across New York.”

The Marketplace intentionally meets the distinct needs of both small brands
and larger multi-state operators building their businesses in an evolving
regulatory landscape. While small brands benefit from increased visibility
and streamlined access to retailers, larger brands gain centralized tools
to manage diverse SKUs, fulfill orders across multiple retail accounts, and
automate their B2B transactions at scale. The platform launched with nearly
40 brands including local operators like Hepworth and Central Processors NY
— which houses High Peaks, Generic AF and ZONK! — and multistate operators
like Jetty Extracts and Smokiez, among others.

On the other side of the supply chain, retailers can browse across multiple
brand catalogs and view real-time inventory, track deliveries, and manage
invoices all in one place. Additionally, integrations between Nabis and
industry-leading point-of-sale systems will also allow retailers to gain
access to automated order suggestions, real-time inventory insights, and
custom pricing tools.

In addition to streamlining fulfillment and order placement, this
integration will support brands keeping products in stock at
high-performing retail locations. By monitoring sell-through data and
pre-positioning inventory for delivery, brands are able to meet demand more
efficiently while reducing overhead for retailers.

By consolidating otherwise siloed logistics and bundling fulfillment, Nabis
enables faster, more efficient distribution. This expansion further deepens
Nabis’ infrastructure investment in New York, complementing two operational
distribution hubs, in the Bronx and Rochester, as it builds a smarter, more
sustainable cannabis industry.

“We’re proud to partner with both emerging and established operators to
bring a new level of operational efficiency to New York’s cannabis economy,
particularly as the state’s Biotrack seed-to-sale system comes online,”
said Ning. “This launch is about more than technology — it’s about creating
simple-to-use infrastructure in a regulated market so that it works for
everyone.”
About Nabis

Nabis is a licensed cannabis wholesale platform, servicing over 400 brands.
Founded in 2018 by serial tech entrepreneurs Vince C. Ning and Jun S. Lee,
Nabis is on a mission to build the most powerful licensed cannabis
wholesale platform with a multichannel fulfillment network that simplifies
cannabis commerce for brands and retailers anywhere in the world. Nabis has
supported over $1B worth of cannabis transactions in major states across
the nation. Ning and Lee’s work earned Nabis a spot on Inc. 5000’s list of
Fastest Growing Private Companies in America in 2023, Fast Company’s list
of the 50 Most Innovative Companies in America in 2024, and on Deloitte’s
Fast 500 List of Technology leaders in 2024.

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