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Industries
Data & Analytics
Consumer Software
Company Size
51-200
Company Stage
Early VC
Total Funding
$42.5M
Headquarters
Denver, Colorado
Founded
2015
Flowhub offers software solutions tailored for the cannabis retail industry, primarily through its point-of-sale (POS) system. This system helps dispensaries manage inventory, sales, and compliance with regulations, including features like customer ID scanning for age verification. Flowhub operates on a subscription model, providing a scalable solution for dispensaries while ensuring they receive daily customer support. The company's goal is to enhance operational efficiency and profitability for cannabis retailers in a rapidly growing market.
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Total Funding
$42.5M
Above
Industry Average
Funded Over
3 Rounds
Work anywhere
Competitive salary and stock options
Full health benefits
401(k) retirement plans
Flexible hours and time off
Training and mentorship
Career growth opportunities
Fun, cannabis-loving team
Cannabis GrowthCannabis has been a booming industry in the USA and many other countries in the past decade. This followed a slow, but steady trend toward full legalization, even if doing so at the US federal level of what was formerly considered a drug might wait some more years.Public acceptance is following, with s upport for legalizing cannabis hitting a record 88% and cannabis tax revenue at $20 billion, nearly double that of alcohol .This has created a large market for legal cannabis cultivators, who usually leverage high-tech methods of cultivation, mixing greenhouses, vertical farming, advanced plant varieties, and high-performance extraction methods.Investing In CannabisStill, despite its obvious popularity and increasing acceptance as a “mild” drug akin to tobacco or alcohol, investors often struggle to access cannabis stock. This is because as long as it is illegal at the federal level, most stock brokers and banks are not authorized or unwilling to trade the stocks producing and selling cannabis products .This is a pity, as such “sin stocks”, involved in “immoral” activities, have historically generated superior investing performance, be it casinos, alcohol, tobacco, weapon manufacturing, etc.However there might be an opportunity for investors to capitalize on the providers of the cannabis industry, which are not exposed to such restrictions. As a result, such a company can more easily raise money and be a viable investment from financial institutions like banks, investment funds, and pension funds.One such company is Aurora Cannabis (ACB -3.46%), a biotech company specializing in cannabis.The company, together with researchers at the nearby University of British Columbia (Canada), recently published a new discovery regarding cannabis plant mechanism for defense against fungal diseases1 in the scientific journal Frontiers In Plant Sciences, under the title “ Mapping and characterization of a novel powdery mildew resistance locus (PM2) in Cannabis sativa L. ”.Cannabis CultivationThe cannabis plant, or marijuana, or Cannabis sativa L, is a plant rich in active compounds. While it is known mostly for its psychoactive effects, its complex biochemistry could also provide interesting chemicals for the treatment of depression, mental illnesses, and cancer.It is also a plant requiring a very warm climate and abundant fertilizers for optimal growth and production of the desired chemical compounds.So, cultivators have progressively moved from low-tech open-field cultivation in warm climates to advanced cultivation strategies in greenhouses or indoor farms
DENVER - Flowhub, a dispensary platform for cannabis retailers, has integrated with BioTrack, the official government traceability system for 11 legal cannabis markets in the United States.
CHICAGO--(BUSINESS WIRE)--ComPsych® Corporation, the world’s largest provider of mental health services and GuidanceResources® for life, today announced the honorees of the 2023 Health at Work Awards. Now in its 19th year, the ComPsych Health at Work Awards recognize organizations across a variety of sizes, industries and locations who have prioritized the health and well-being of their employees by providing innovative, multi-platform programs. “We’re thrilled to honor these stellar organizations for the investment they’ve made in building cultures that value employee mental health and wellness,” said Dr. Richard A. Chaifetz, Founder, Chairman and CEO of ComPsych. “In recent years we’ve seen a rise in anxiety as well as people needing to take leaves of absence due to mental health challenges across the workforce
Flowhub launches cannabis inventory management mobile App.
Sin Stocks OutperformanceSin stocks are a category of stocks from companies involved in “immoral” activities, like gambling, alcohol, tobacco, or weapons manufacturing. Many investment funds and individuals will refuse to invest in these sectors, causing an artificially low price for these stocks.But these are also highly profitable activities, leading to these companies generating over time massive cash flows, that can be used for acquisitions, share repurchases, or dividends.As a result, sin stocks significantly and consistently outperform the overall markets .Cannabis As An Emergent Sin Stock ClassCannabis is still considered at the US federal level as a fully illegal drug. Meanwhile, almost half of the US states have fully or partially legalized the production, sale, and consumption of cannabis. And this should be a very profitable business line, like most other “sin stock” activities.This creates a strange situation for cannabis companies. While legal, cannabis companies encounter a lot of problems with anything related to national-level regulation and laws.They are for example often forced to operate only with cash, which carries significant costs. They are also paying a lot more taxes than “normal” businesses
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Industries
Data & Analytics
Consumer Software
Company Size
51-200
Company Stage
Early VC
Total Funding
$42.5M
Headquarters
Denver, Colorado
Founded
2015
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