Debra BorchardtApril 25, 2023
Sales on 4/20 were roughly twice the sales of a typical Thursday.
Tag: Flowhub
Debra BorchardtApril 25, 2023
StaffJanuary 6, 2023
The holiday season wasn’t filled with joy for cannabis retailers.
Joanne CachaperoJuly 7, 2022
Canna-tech companies were busy over the long 4th of July weekend, analyzing sales data from their various platforms for what was expected to be one of the biggest weeks of the year for cannabis retailers. In Canada, the national holiday Canada Day is celebrated on July 1, with vendors hoping for a holiday spike in […]
Debra BorchardtApril 22, 2022
Several cannabis data providers have confirmed that this year’s April 20 holiday was the highest ever – in sales. Despite falling in the middle of the week, sales were determined to be significantly higher than an average Wednesday and the highest day of sales in the past four years. Perhaps because some of these states […]
StaffFebruary 28, 2022Flowhub Leandre Johns, COO at Flowhub When did you formally enter the cannabis space? 2021 was my initial formal foray into the commercial cannabis space. Joining Flowhub as COO presented an exciting opportunity to be a part of a new and emerging industry. What made you decide to work in the cannabis industry? I was […]
Debra BorchardtJanuary 6, 2022
Cannabis data providers have weighed in on the 2021 holiday sales for dispensaries with some surprising results. The data included the Thanksgiving holiday and then tracked sales through to the end of Christmas. Most agreed that sales increased in 2021 despite the resurgence of the new Covid fear with the variant Omicron. Consumers upped their […]
Julie AitchesonDecember 2, 2021
The numbers are in and it’s official—Green Wednesday 2021 was a big one for the cannabis industry, while Black Friday fizzled in comparison. Green Wednesday saw cannabis sales increase across the U.S. Black Friday did not have the sales growth seen in previous years, though some data (Flowhub) showed larger order values and bigger discounts […]
StaffOctober 12, 2021
Cannabis retail point-of-sale company Flowhub, has raised $19 million with some help from Headline, Poseidon, and a personal investment from world-renowned rapper, entrepreneur, and entertainment mogul Shawn “Jay-Z” Carter. The company has so far raised to nearly $50 million and is currently valued at over $200 million. “We are thrilled to announce this capital raise. Headline […]
Debra BorchardtSeptember 8, 2021
Cannabis consumers flocked to dispensaries on the Friday of this past Labor Day weekend resulting in the third-largest day for cannabis sales in 2021. Unfortunately, that was the only good news for cannabis retail. Overall, sales dropped in 2021 versus 2020 for the last weekend of summer. Analytics firms Headset and Flowhub both reported that […]
Debra BorchardtOctober 15, 2019
Cannabis tech company Flowhub has raised an oversubscribed $23 million Series A financing round led by e.ventures, Evolv Ventures — the venture fund backed by Kraft Heinz — and Poseidon, with contributions from investors 9Yards Capital, former NBA commissioner David Stern and Iqram Magdon-Ismail, the co-founder and former CEO of Venmo, among others. Evolv Ventures’ goal is […]
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