GreenBids, an auction-style platform referred to as “The eBay for Bulk Cannabis,” has officially launched in Michigan’s cannabis market. Licensed growers and processors throughout the state can access GreenBids to buy and sell cannabis biomass, oil, and equipment in a streamlined and secure environment.
“Michigan is one of the fastest-growing cannabis markets in the U.S., and we’re excited to bring a solution that simplifies how bulk transactions happen,” said John Grenier, Michigan Auction Coordinator at GreenBids. “Our platform transforms excess inventory and equipment into liquidity, helping businesses focus on growth.”
With a network of hundreds of vetted buyers statewide, GreenBids ensures sellers’ listings gain visibility.
Features include:
- Auction-Style Marketplace: Real-time bidding ensures competitive pricing and helps sellers move inventory quickly.
- Extensive Buyer Network: A curated statewide list of bulk buyers maximizes exposure for every listing.
- Standard Contracts: Industry-standardized agreements safeguard both buyers and sellers, eliminating time-consuming negotiations.
- Flexible Deal Structures: Sellers can tailor transactions with options like splits, tolling, or outright sales.
