Denver’s Flowhub Raises $23M Series A For Cannabis Retail Management

“Our ability to integrate with […] other cannabis industry partners and tools allows cannabis businesses to stay on top of crushing compliance mandates and to create the ideal cannabis tool stack that best serves their business needs and delivers the best consumer experience,” Sherman said.

In return, cannabis-related startups have needed heavier capital to combat regulation, compliance, licensing, and legal work.

The new raise from Flowhub signals to us that there are startups that are jumping in on this pain point, and taking on fixing up legal transactions themselves.

Flowhub’s goal is more than just giving customers needed access, Sherman said, but also taking a “step toward ending cannabis prohibition” as a whole.

Full Article