veed (acquired by Studydrive)

Veed is a social commerce platform that focuses on the cannabis industry, aiming to create a space for all things cannabis and hemp. The platform offers opportunities for reading, learning, shopping, connecting, engaging, and building communities within the Veed Network. With the cannabis market projected to reach $103.9B by 2024 and the evolving consumer behavior leaning towards social media for product discovery and reviews, Veed aims to capitalize on the global trend of Social Commerce, which is expected to have a market value of $604B by 2026. Founded in 2019, Veed has positioned itself at the intersection of e-commerce and social media, catering to the specific needs of the cannabis industry. The platform provides a unique solution for cannabis marketers to reach their audience, leveraging the power of social commerce to connect businesses, professionals, and consumers in one comprehensive platform. The recent Seed Round investment at 02 February 2022 further underscores the potential of Veed as it continues to transform the cannabis industry's digital presence, drive incremental sales, cultivate trust, and build relationships with customers. With a headquarters in the United States, Veed presents an exciting opportunity for investors looking to tap into the growing cannabis market and the booming social commerce trend. For more details, visit https://veed.network/.