#FlowHub (CO)

[cannabisbusinessexecutive]

Cannabis Trade Federation Announces Full Board, Readies Inclusive Membership Options

Cannabis Trade Federation Announces Full Board, Readies Inclusive Membership Options

What started with the formation of the New Federalism Fund back in March of 2017, has taken on increasing momentum as the Cannabis Trade Federation (CTF) has clearly emerged as the professional “Voice of the Cannabis Industry”. After many months of building a formidable team to represent the Cannabis Industry’s interests at the federal level on Capitol Hill, CTF, which was founded on 4/20/2018…

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I'm under the weather today and I thought it would be a good use of time to offer up advice to help out the community. AMA - how to start a company, build a team, strategy, fundraising tips etc.A little bit about me:My name is Kyle and I founded a company called Flowhub, the leading business management & point-of-sale platform for cannabis dispensaries in the US. Based in Denver, we simplify compliance for nearly 1,000 legal cannabis retailers across North America, processing $2B in sales annually. I most recently raised a $23MM Series A from e.ventures, Poseidon, and Evolv Ventures (the Kraft Heinz venture arm) and have ~85 extraordinary teammates I get to work with everyday.I‘m so grateful to have other remarkably talented people invested like Kamran Ansari (Greycroft), Justin Overdorff (Stripe), Iqram Magdon-Ismail (co-founder & former CEO of Venmo), David Stern (former NBA commissioner), Alan Patricof (founder Greycroft), Theo Osborne (9Yards Capital), and others.Here are some news articles about the most recent raise:https://techcrunch.com/2019/10/15/flowhub-raises-23-million-for-its-retail-management-software-for-cannabis-dispensaries/https://www.foodbev.com/news/kraft-heinzs-leads-23m-investment-in-cannabis-startup-flowhub/https://cheddar.com/media/cannabis-saas-startup-flowhub-lands-million-as-it-eyes-payments-spacehttps://www.ganjapreneur.com/buffett-linked-venture-capital-fund-invests-in-flowhub/Some background:In 2014, I began lobbying the Colorado Department of Revenue to build an API to Metrc, the state's cannabis tracking system, so that third parties like Flowhub could send data directly to the database instead of entering it manually. The Metrc API is now the standard used in more than 10 states, with Flowhub being the first vendor with a direct integration.My goal is to grow a robust, transparent, scalable industry that is approachable for all adults and medical patients and to help small business owners thrive. Our company is working to make safe cannabis products accessible to every adult on planet earth.I've been named a Top 100 Cannabis Leader by Entrepreneur Magazine, 30 AND UNDER by Business Insider, and an Associate Producer for the documentary “Weed the People” (now available on Netflix) which aims to educate mainstream audiences about medical cannabis as a human rights issue.In addition, I'm a Founding Board Director and Treasurer of the Cannabis Trade Federation (CTF), the largest trade group for our industry. We're focused on building an inclusive industry and passing legislation like the STATES Act.

[cannabisbusinessexecutive]

Kraft Heinz’s VC arm leads $23M investment in cannabis startup Less than a month after announcing a new Denver HQ, cannabis tech startup Flowhub has closed a $23 million Series A.

[cannabisbusinessexecutive]

Cannabis Trade Federation Announces Industry Leaders as Founding Board Members

Cannabis Trade Federation Announces Industry Leaders as Founding Board Members

PRESS RELEASE

New Organization to Focus on Passing the STATES Act, Hires Industry Veteran Neal Levine as CEO

WASHINGTON, D.C.  (07/25/18) – The Cannabis Trade Federation (CTF) proudly announced 14 founding board members today, building on the organization’s initial formation just a few months ago. CTF is a newly formed national coalition of cannabis-related businesses that represent all aspects…