Confident Cannabis is the stock exchange of weed
Step 1: Build software for pot labs. Step 2: Find out who has the strongest herb. Step 3: Create a marijuana marketplace connecting dispensaries with the best growers.
That’s the plan that scored $3 million in seed funding led by Slow Ventures for Confident Cannabis. Right now it’s on Step 2, having established the largest real-time database of cannabis in the world just nine months after launching.
Built by four Stanford grads, the Y Combinator and StartX company wants to corner a critical data stream in the fast-growing ganja business. For now, it’s the CarFax of weed. If it succeeds, Confident Cannabis could become the sticky-icky stock exchange, where growers and sellers connect.
POTato≠Potato
The reason Confident Cannabis’ data is so important is that the effects of marijuana can vastly differ depending on the species (sativa or indica), strain, and quality.
Great sativa can make you feel euphoric and creative, while strong...
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