Canix
“Can a cannabis-vertical ERP become the financial operating system for a federally-unbanked industry?”
Founded2019
HQSan Francisco, California, United States
FoundersStacey Hronowski
Total raised$14.1M
Latest roundSeries A, 2022 ($10M)
IndustryVertical SaaS / Cannabis
The story
Founded 2019 as a Metrc-integrated inventory tracker for California cannabis cultivators, Canix expanded into a full seed-to-sale ERP for cultivators, manufacturers, and distributors. In 2025 it added its first embedded finance layer — ACH payments via Nuvei — moving from pure compliance software toward capturing merchant payment flow. AI-native features (MCP server for Claude/ChatGPT) launched in 2026 signal a bet that vertical-cannabis operational data + LLM interfaces is the next moat.
Product timeline
2019
Canix founded by Stacey Hronowski as an inventory management tool with Metrc integration for cannabis operators.· pivot
2020
Won TechCrunch Disrupt Startup Battlefield 2020.· milestone
2022
Raised $10M Series A to expand across US and Canada.· funding
2025
Migrated database infrastructure from Heroku to AWS for performance improvements.· infrastructure
2025
Launched ACH payment processing via Nuvei banking partner.· payments
2025
Merged with Trym to expand cultivation supply chain coverage.· acquisition
2026
Launched MCP Server enabling AI queries via Claude and ChatGPT.· ai
Acquisitions
The stack
3 layers disclosed in Canix’s embedded-finance stack
Payments / PSP
Money movement
in the full report
Accounting
in the full report
Accounting gap: minor
7 more providers across 2 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.