LANSING, Mich. – GreenBids, an auction-style platform for cannabis, has launched in Michigan’s thriving 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 robust network of hundreds of vetted buyers statewide, GreenBids ensures sellers’ listings gain visibility.
“Cash is king on GreenBids,” Grenier said, emphasizing the platform’s focus on simplicity.
Features for the cannabis industry
- 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.
Streamlined contracts
GreenBids sets a new precedent with built-in standardized contracts that fast-track deals while protecting both parties.
“Cannabis trades move quickly, and waiting on redlines for every transaction slows the industry down,” said Grenier. “Our standard contracts allow businesses to focus on what matters: making deals and scaling operations.”
Why Michigan? Why now?
Michigan’s cannabis industry is booming, with increasing demand and a growing number of licensed operators. However, connecting buyers and sellers efficiently remains a challenge — one GreenBids is positioned to solve. By empowering businesses with a secure, transparent platform, GreenBids strengthens the state’s cannabis ecosystem and sets a new bar for marketplace efficiency.
About GreenBids
GreenBids is a technology platform designed to streamline the trading of bulk cannabis biomass, oil, and equipment.
By blending the auction model with standard contracts, GreenBids provides licensed growers and processors with a secure, transparent, and user-friendly solution for maximizing their returns. GreenBids focuses on compliance, liquidity, and efficiency, redefining the way the cannabis community conducts business.
