BDS Analytics closes $7M of $10M funding round
BOULDER — BDS Analytics Inc., a Boulder-based cannabis market intelligence and research company, has closed on $7 million of an anticipated $10 million investment round.
The round was led by KEY Investment Partners, Altitude Investment Management and 7thirty, along with other investors. KEY Investment Partners founder Pete Karabas will join the board of directors alongside existing representatives from Altitude and 7thirty.
BDS Analytics said in a press release that it would use the capital to expand coverage of emerging cannabis markets, focusing on providing “a holistic view of the global cannabinoid market (cannabis and CBD).”
The company also will invest in machine learning,…
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