BDS Analytics closes on $3.5 million Series B funding round

BOULDER — BDS Analytics, a Boulder-based cannabis market intelligence company, closed on $3.5 million in Series B funding.

The round was led by CanopyVentures, which invested $750,000 in BDS Analytics. BDS is a graduate of the Canopy Boulder accelerator, which focuses on businesses ancillary to the cannabis industry.

Other investors in the round include Altitude Investment management, Panther Opportunity Fund and other investors.

The plan is to expand the company’s GreenEdge software nationally and roll out its Consumer Insights and Industry Intelligence services to a broader client base.

The…