Once valued at $3.7 billion, the Bend, Oregon-based e-commerce platform laid off 8% of its employees and some investors are looking to cash out.
. So Dutchie has become a way to invest in the industry without investing in a cannabis company. Dutchie, Lipson has said, will never grow, sell or distribute marijuana.
Dutchie was valued last year at more than 80 times its revenue. By comparison, some of the best-performing software companies are valued at 20 times revenue. Forbes estimates that Dutchie brought in $45 million in revenue last year, meaning it was valued at more than 80 times its revenues. By comparison, some of the best-performing software companies are valued at 20 times revenue.
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