Series BCannabis Tech

Fractional CTO for Series B Cannabis Tech Startups

Navigate the unique challenges of building a Cannabis Tech company at Series B. Expert technical leadership that understands both multi-product platform and Cannabis Tech-specific requirements.

Typical Funding

$15M - $50M

Team Size

50-150 people

Revenue

$10M - $30M ARR

Runway

36-48 months

What Cannabis Tech Companies Need at Series B

Technical Priorities

  • Expand Cannabis Tech platform to new markets or segments
  • Lead engineering org with specialized Cannabis Tech teams
  • Optimize Cannabis Tech infrastructure for efficiency and cost
  • Build data platform for Cannabis Tech insights and ML
  • Establish thought leadership in Cannabis Tech technology

Industry-Specific Focus

  • Compliance tracking
  • Seed-to-sale
  • Point of sale
  • Inventory management
  • Regulatory reporting

Why Cannabis Tech at Series B is Different

Cannabis Tech companies at Series B face a unique combination of challenges. While Series B companies focus on multi-product platform, Cannabis Tech adds complexity through GDPR requirements, Compliance tracking technical needs, and industry-specific competitive dynamics. Our fractional CTOs understand both dimensions and help you navigate this intersection efficiently.

Challenges We Solve for Series B Cannabis Tech Companies

Series B Challenge

Coordination overhead with 100+ engineers slowing down product development

Series B Challenge

Platform can't support diverse product needs across customer segments

Cannabis Tech Challenge

Compliance tracking at Series B scale

Cannabis Tech Challenge

Seed-to-sale at Series B scale

Technical Leadership Gap

Finding CTO-level expertise who understands both Series B dynamics and Cannabis Tech regulations/requirements

Resource Constraints

Balancing Cannabis Tech compliance requirements with Series B budget and timeline constraints

Cannabis Tech Compliance at Series B

Cannabis Tech compliance is critical at Series B. We help you achieve and maintain necessary certifications while scaling your engineering organization.

GDPR
SOC 2

Stage-Specific Compliance Priority

Maintain and expand compliance certifications. Consider additional frameworks like SOC 2 for global expansion.

Cannabis Tech Benchmarks for Series B

Tech Budget

$1.1M-$2.5M/month

Typical monthly tech spend at Series B

Team Size

50-150 people

Engineering team size for Series B

Time to Market

6-12 months

Typical development cycle at Series B

What Investors Expect from Series B Cannabis Tech Companies

Technical Requirements

  • Cannabis Tech-appropriate architecture and security measures
  • Compliance roadmap for GDPR
  • Scalable tech stack proven in Cannabis Tech companies
  • Clear technical roadmap aligned with Series B milestones
  • Strong engineering team or hiring plan

Key Metrics

  • Product velocity: Consistent feature releases
  • Cannabis Tech user engagement and retention metrics
  • System reliability: 99%+ uptime for production systems
  • Security posture: Zero critical vulnerabilities
  • Technical efficiency: Cost per user or transaction

Our Approach for Series B Cannabis Tech Startups

Stage Expertise

Deep understanding of Series B dynamics: Multi-Product Platform, Global Scale.

Industry Knowledge

Proven experience with Cannabis Tech compliance, tech stacks, and best practices.

Network Access

Connect with vetted Cannabis Tech engineers, advisors, and technical partners.

Success Story

Series B enterprise platform, 120 people, $45M raised, $18M ARR, expanding to multiple product lines and international markets

Challenge

CTO (promoted from VP Eng) struggling with strategic challenges while managing day-to-day. Engineering org of 65 can't support 3 different product lines efficiently. Each team building redundant capabilities. Infrastructure costs at $85K/month growing faster than revenue. Enterprise customers in EU requiring data residency. Board pushing for $50M ARR in 18 months requiring 2x engineering productivity.

Solution

Fractional CTO engaged as strategic advisor to CTO and board technical observer. Key initiatives over 24 months: 1) Defined platform strategy extracting common capabilities (auth, billing, notifications, integrations), 2) Created platform engineering team building internal developer platform, 3) Restructured org into product divisions with shared platform services, 4) Led FinOps initiative reducing infrastructure costs 40% while improving performance, 5) Designed multi-region architecture for EU/US data residency, 6) Coached CTO on strategic thinking and executive presence, 7) Recruited 3 senior directors to build leadership bench, 8) Established architecture review board and technical strategy process, 9) Built ML platform supporting AI features across products.

Result

Scaled from $18M to $62M ARR in 24 months with engineering org of 135 (vs. planned 180 - higher productivity). Platform reduced time-to-market for new products from 9 months to 6 weeks. Infrastructure costs decreased from $85K to $72K/month despite 3.5x growth (improved unit economics). Successfully launched in EU with compliant data residency. Three product lines on shared platform with consistent capabilities. CTO promoted to Chief Product & Technology Officer. Engineering NPS improved from 6.8 to 8.4. Raised $80M Series C at $850M valuation with strong technical diligence.

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