Flowhub

Flowhub

Software solutions for cannabis retail operations

About Flowhub

Simplify's Rating
Why Flowhub is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Differentiation

Industries

Data & Analytics

Consumer Software

Company Size

51-200

Company Stage

Early VC

Total Funding

$42.5M

Headquarters

Denver, Colorado

Founded

2015

Overview

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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Simplify's Take

What believers are saying

  • Recent $19M funding boosts Flowhub's expansion and product development.
  • Partnership with AeroPay offers secure ACH payments, reducing cash handling risks.
  • Alpine IQ integration enhances customer loyalty programs, increasing dispensary sales.

What critics are saying

  • Increased competition from new cannabis software providers threatens market share.
  • Federal restrictions on cannabis banking increase theft and financial mismanagement risks.
  • Rapid tech advancements in cannabis retail may outpace Flowhub's current offerings.

What makes Flowhub unique

  • Flowhub offers a comprehensive POS system tailored for cannabis dispensaries.
  • Integration with BioTrack enhances compliance in 11 legal cannabis markets.
  • Flowhub's Maui platform provides advanced loyalty and inventory management features.

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Funding

Total Funding

$42.5M

Above

Industry Average

Funded Over

3 Rounds

Early VC funding comparison data is currently unavailable. We're working to provide this information soon!
Early VC Funding Comparison
Coming Soon

Benefits

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

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

0%

2 year growth

-3%
Securities.io
Mar 28th, 2025
New Pm2 Gene Discovery By Aurora Cannabis Enhances Disease Resistance

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

MG Magazine
Apr 9th, 2024
Flowhub Integrates with BioTrack

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.

Business Wire
Mar 28th, 2024
Compsych Corporation Announces 2023 Health At Work Award Winners

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

AOL
Mar 17th, 2024
Flowhub Launches Cannabis Inventory Management Mobile App

Flowhub launches cannabis inventory management mobile App.

Securities.io
Aug 24th, 2023
Top 10 Cannabis Stocks In A Growing Market (August 2023)

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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