Pistil Data, the leading cannabis market intelligence platform, announced today it has closed a $6.5M seed round led by Casa Verde, with participation from JW Partners and several Silicon Valley tech entrepreneurs.

Founded by executives from Google and Baker Technologies, Pistil’s unique IP makes vital market intelligence accessible to cannabis brands of all sizes, helping a sector which previously has struggled with the complexity of industry data. Every day, Pistil’s cutting-edge machine learning technology distills billions of data points to deliver sales opportunities to its nearly 100 clients in Colorado and California. The platform’s emergence represents an industry turning point by providing critical information that was previously unavailable to brands.