Acquiring Company
Dama Financial
Acquired Company
GrowFlow
Description
Dama Financial ("Dama"), the nation's largest provider of access to banking and payment solutions for the cannabis industry, has entered into an agreement to acquire GrowFlow Corp. ("GrowFlow"), whose business management and compliance tools have processed more than $3.3 billion for cannabis retailers, cultivators, processors, and distributors.
Quick answer
Dama Financial is acquiring GrowFlow, announced January 20, 2022.
- How much did Dama Financial pay for GrowFlow?
- The deal value was not disclosed.
- What does Dama Financial do?
- Based in South San Francisco, Calif, Dama is the cannabis industry's leading provider of access to banking and financial services, powering safe and secure depository solutions, as well as business tools such as cash..
Source: Fundz verified event record.
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Who to call at Dama Financial, and when
When Dama Financial changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired GrowFlow?
GrowFlow was acquired by Dama Financial. The deal was reported on January 20, 2022. Dama Financial is privately held and operates in Financial Services.
When did Dama Financial acquire GrowFlow?
Dama Financial's acquisition of GrowFlow was reported on January 20, 2022. Dama Financial ("Dama"), the nation's largest provider of access to banking and payment solutions for the cannabis industry, has entered into an agreement to acquire GrowFlow Corp. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does GrowFlow do?
GrowFlow is a B2B SaaS platform dedicated to helping its customers grow their cannabis businesses. It provides compliance, inventory management, point of sale, analytics and sales tools for cannabis and hemp businesses at various points in the supply chain. It is privately held, operating in Other.
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