“We are thankful for the strong support we’ve received from some of the leading institutional investors in the cannabis space, giving us the resources we need to take Flowhub to the next level,” said Mr.
Flowhub offers platforms for both retail and cultivation that automatically report mandatory compliance data to state regulators via a direct API. The entire ecosystem has been crafted specifically for the regulated cannabis industry. Flowhub’s market share has grown over 300% since Q4 2016 and has attracted some of the largest regulated dispensaries in the country as customers.
“Our business has changed for the better since switching to Flowhub several months ago,” said Mr.
“We have no shortage of deal flow in the cannabis sector. We’ve looked at hundreds of investment opportunities in the space and have strong relationships with industry leaders in retail and cultivation. It’s clear Flowhub has a unique vision for the future of technology solutions in the industry and we couldn’t be happier to be a part of this mission,” said Mr.
“The technology solution Flowhub provides is critically important to operators, they can’t do business without it. This vertical is where we will see billion dollar valuations in the coming years,” said Mr.
Grow operation and dispensary owners who would like to learn more about Flowhub are encouraged to visit flowhub.co.
About Flowhub
Flowhub has developed the next generation of seed-to-sale software for the regulated cannabis industry. Flowhub enables growers and dispensaries to streamline their supply chain operations and optimize their profit margins. Flowhub was formed in 2015 and is based in
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/flowhub-closes-oversubscribed-325-million-series-a-offering-300438505.html
SOURCE Flowhub
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