Cannabis e-commerce platform Dutchie raises $350 million, valued at $3.75 billion


FILE PHOTO: Cannabis e-commerce firm co-founders Ross and Zach Lipson pose in front of the company logo, at Dutchie's headquarters, in Bend, Oregon, U.S., February 27, 2021. Dutchie/Handout via REUTERS

(Reuters) - Cannabis e-commerce platform Dutchie on Thursday said it raised $350 million in its latest funding round that valued the company at $3.75 billion.

The massive funding round is Dutchie’s second this year. The Bend, Oregon-based company raised $200 million in March when it was valued at $1.7 billion.

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