Executive Spotlight: Doug Gordon, Executive Vice President & Head of LeafLink Financial

Doug Gordon, Executive Vice President and Head of LeafLink Financial, is a recognized leader and innovator with more than 10 years of experience in the financial technology sector. He is an expert at utilizing analytics and technology to create specialized products that meet the capital needs of various asset classes.  Since joining the LeafLink team in October 2018, Doug has overseen the development and implementation of a specialized payment and credit management platform that allows cannabis brands and retailers to transact through the LeafLink marketplace.

Prior to LeafLink, Doug co-founded and served as the Executive Vice President of Fundation, a leading small business digital lender backed by the likes of Garrison Investment Group, Goldman Sachs, and Sun Trust Bank. Fundation provides businesses with loans and lines of credit through partnerships with banks, B2B vendors, and online platforms. As Executive Vice President, Doug was directly responsible for driving the company’s growth efforts through large scale strategic partnerships and product innovations while publicly representing Fundation in the media and at industry events.

Doug studied Neuroscience and Economics at Bucknell University. 

 

Green Market Report Executive Spotlight Q&A:

Full birth name: Doug Gordon

Title: Executive Vice President & Head of LeafLink Financial

Company: LeafLink (https://leaflink.com/)

Time at current company: 8 months

Education profile:

Doug studied Neuroscience and Economics at Bucknell University.

Most successful professional accomplishment before cannabis: Doug co-founded Fundation as an undergraduate at Bucknell University and served as the company’s Executive Vice President for over 8 years as it grew to be one of the leading small business digital lenders backed by the likes of Garrison Investment Group, Goldman Sachs, and SunTrust Bank. Fundation provides businesses with loans and lines of credit through integrated partnerships with banks, B2B vendors, and online platforms. To this day, Fundation powers the small business lending programs of major banks and vendors throughout the country.

Company Mission: As the cannabis industry’s wholesale marketplace, LeafLink’s mission is to provide solutions that define how compliant cannabis companies do business.

Company’s most successful achievement: This week we announced that $1B in wholesale cannabis orders are placed through the LeafLink marketplace every year. This is a huge milestone for us because it means that we’re facilitating around 16% of all the wholesale cannabis commerce in the U.S., and making business easier for over 1,000 cannabis brands and 3,000 cannabis retailers.

Has the company raised any capital (yes or no): Yes

if so, how much?: We’ve raised $14M in venture capital to date. In March we also announced the launch of LeafLink International, a joint venture with Canopy Rivers bringing LeafLink’s technology to global cannabis markets. The deal came with a $2M investment from them.

Any plans on raising capital in the future?

We’re growing quickly and will continue to explore interesting deals with strategic partners that allow us to scale, like the deal with Canopy Rivers.

Most important company 5 year goal:

In 5 years, we will have digitized and streamlined the cannabis supply chain in every viable, legal cannabis market in the world. This includes providing tech-first payment and supply chain financing tools that enable cannabis companies to operate successful businesses.

 

 

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