Frequently Asked Questions
What is GreenBids?
GreenBids is a state-specific auction platform that connects licensed cannabis facilities with opportunities to buy and sell bulk cannabis products and equipment when it is legal to do so within their state.
Who can use GreenBids?
GreenBids is exclusively for licensed cannabis businesses within the United States. You must have a valid state-issued cannabis facility license to buy or sell on our platform. If you meet this requirement, you can request access by clicking here.
How does the auction process work?
Sellers list items with descriptions, images, and test results, and buyers place bids within the auction timeframe. The highest bidder wins the auction and arranges transport and payment directly with the seller. Buyers pay the seller directly with cash, check, wire transfer, or another mutually acceptable payment method.
Can I pay with credit card?
GreenBids does not sell cannabis. GreenBids sells only listings (advertisements). We accept credit cards for listing fees and auction-related fees. If you bid for an item on GreenBids and win the auction, you will pay the state-licensed seller directly for any cannabis items or equipment you’re buying.
What types of products can be bought or sold on GreenBids?
GreenBids supports a wide range of cannabis products, including bulk distillate, biomass, flower, concentrates, packaged products nearing expiration, and pre-owned equipment. We specialize in bulk transactions.
Is there a fee to use GreenBids?
Yes, GreenBids charges a listing fee and a success fee for successful auctions. The fee structure is transparent and will be communicated during the listing process.
How can I get help if I have a problem?
If you encounter any issues or have questions that are not covered in this FAQ, you can reach out to our support team at [email protected]. We're here to help ensure you have a smooth experience on our platform.
Still have questions?
If your question wasn't answered here, feel free to contact us directly. We're happy to assist with any inquiries you may have.