Flowhub

Flowhub

Software Development

Denver, Colorado 33,523 followers

The cannabis retail platform for modern dispensaries. Making safe cannabis products accessible to every adult on Earth.

About us

At Flowhub, we’re on a mission to make safe cannabis product accessible to everyone on planet Earth. Flowhub is the leading cannabis technology company partnering with dispensaries nationwide to provide compliance, point of sale, payments, inventory tracking, and retail management solutions. Founded by Kyle Sherman in 2015, Flowhub pioneered the first Metrc API integration and the Nug Pro®, the cannabis industry's first mobile scanner device for streamlining daily workflows. Today, Flowhub processes over $3 billion in cannabis sales annually, empowering more than 1,000 cannabis retailers to automate operations, increase revenue, and create the best dispensary experience possible. Flowhub is on the frontlines of ending cannabis prohibition and is proud to be a founding director of both the Cannabis Trade Federation and the U.S. Cannabis Council, in addition to awarding over $5 million in free software through its Social Equity Program to support underrepresented dispensary owners. Flowhub is a privately held, remote-first company. Investors include Headline, Poseidon, Shawn "Jay-Z" Carter, and Evolv Ventures (The Kraft Heinz Company venture arm), the founders of Venmo, and more. For more information visit flowhub.com.

Website
https://flowhub.com
Industry
Software Development
Company size
51-200 employees
Headquarters
Denver, Colorado
Type
Privately Held
Founded
2015
Specialties
cannabis, compliance, metrc, point of sale, inventory management, software, enterprise technology, retail technology, dispensary technology, dispensary partner, cannabis technology, cannabis compliance, dispensary payments, cannabis payments, payment solutions, and cannabis compliance

Locations

Employees at Flowhub

Updates

  • View organization page for Flowhub, graphic

    33,523 followers

    Cannabis industry: don’t let your voice go unheard! 🗣️ The Department of Justice is seeking public comments through July 22nd about the move to reclassify cannabis from a Schedule I to a Schedule III Substance. Here’s a few things to know: - Billions of dollars in excess taxes were paid by cannabis businesses in 2022, and this number is only growing as more states come online. Rescheduling cannabis eliminates this burden on operators. - Researchers would get the green light to allocate federal dollars to cannabis and cannabinoid-based medications, closing a significant knowledge gap. - This would be a major win for cannabis patients everywhere, as the federal government would recognize cannabis as medicinally-beneficial plant. Cannabis operators are the heart of our industry and it’s critical that you are part of the conversation! We urge you to leave a public comment at the link in the comments and ask federal lawmakers to consider de-scheduling cannabis 👇

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  • View organization page for Flowhub, graphic

    33,523 followers

    The numbers are in! 📊 And these six states were top performers on 710, with New York seeing the biggest YOY spike. Other key highlights: 📈Michigan’s 710 sales were 64% higher than the average Wednesday! 🌵Nevada saw the smallest delta between your average Wednesday and 710 this year, with 710 closing in at 0.5% less in sales than an average Hump Day in 2024 🏆In Flowhub dispensaries, Maryland is the 710 MVP! Which state needs to join the graph next year?

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  • View organization page for Flowhub, graphic

    33,523 followers

    Happy 7/10 aka National Dab Day! 710 may not be as big as other cannabis holidays (like 420), but it’s a busy day for dispensaries as consumers shop deals and celebrate with concentrate products. Last year, in comparison to an average Monday: 💰Dispensary revenue was 14% higher 📈Concentrate sales were 31% higher 🎁 Discounts per store were 52% higher Are you celebrating? #710 #cannabis #dispensary #data

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  • View organization page for Flowhub, graphic

    33,523 followers

    📈 4th of July Sales Highlights! 🎆 Flowhub dispensaries experienced significant growth this 4th of July: - Sales: +41% compared to an average Thursday, +16% compared to 7/4/2023 - Discounted Sales: 61% of sales included a discount, +23% compared to an average Thursday, +10% compared to 7/4/2023 - Average Discount Amount: $14.63 per sale, +34% compared to an average Thursday - Average Cart Size: 2.4 items per sale, +9% increase compared to an average Thursday - Average Order Value: Stable at $49 compared to an average Thursday and YoY - Debit Utilization: 21% of sales were paid with a debit card, +15% compared to 7/4/2023 Stable average order values indicate consistent purchasing behavior, while the substantial rise in sales, discounts and debit utilization highlights promotional effectiveness and shifts in customer payment preferences. #CannabisRetail #Flowhub #SalesGrowth

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  • View organization page for Flowhub, graphic

    33,523 followers

    Our visit to PharmHouse Wellness was a phar out experience! The entire staff was phriendly, knowledgable, and shared terriphic insights about Michigan's new position as the biggest cannabis market in the US. Wishing the Pharmhouse team all the best with their New Buffalo location. Thanks for making our stop in Grand Rapids so memorable.

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Funding

Flowhub 4 total rounds

Last Round

Series unknown

US$ 19.0M

See more info on crunchbase