Flowhub Hires Saas Compliance Leader Dave Smith as CRO to Fuel Dispensary Expansion

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Strategic hire will aid in massive national scale for popular cannabis industry compliance solution

Flowhub, the cannabis industry’s top compliance technology provider, announced today the hiring of Dave Smith as the company’s new Chief Revenue Officer, effective February 1, 2019.

A strategic addition to Flowhub’s executive team, Dave will provide critical support in accelerating the company’s mission to help dispensaries operate compliantly and unlock business potential to expand across North America.

Dave will be responsible for overseeing the go-to-market strategy and execution of Flowhub’s Sales, Marketing and Customer Success teams. Prior to Flowhub, Dave multiplied revenue 500% in three and a half years at Convercent, the leading ethics and compliance cloud platform. A natural extension into the highly-regulated cannabis industry, Dave brings his unique compliance experience, extensive background in SaaS leadership roles, and demonstrated success building world-class SMB and Enterprise sales teams at technology companies such as Ceridian and Citrix Systems to Flowhub.

“Cannabis acceptance is a global phenomenon. There is no one better than Dave to lead this multi-billion dollar growth opportunity,” said Kyle Sherman, Flowhub’s Founder and CEO. “I’m confident that his foundation in compliance and proven track record in SaaS revenue acceleration will enable us to scale our team and support emerging legal markets in 2019 and beyond.”

Smith adds, “Flowhub is much more than a POS system. It’s the most comprehensive business performance solution available for cannabis dispensaries today. I joined Flowhub to help our customers enjoy incredible success as they open or scale their businesses. I look forward to leading our expansion into new markets, while we deepen our roots in the current markets we serve.”

Flowhub, which processes more than $1B annually for its retail customers, currently operates in 11 U.S. states: Alaska, Arizona, California, Colorado, Maryland, Massachusetts, Michigan, Montana, Nevada, Oklahoma, and Oregon. The company has plans to launch its integrated inventory management, customer management, and cannabis-custom point of-sale system anywhere medical or adult-use cannabis is legalized in 2019.

About Flowhub
Powering the largest retailers in the industry, Flowhub is the leading compliance and point of sale software for cannabis dispensaries in the United States. Built specifically to serve the highly regulated industry, Flowhub is helping nearly 500 cannabis retailers grow revenue, stay compliant, and manage inventory. Founded in 2015 by former Compliance Officer, Kyle Sherman, Denver-based Flowhub processes over $1B in cannabis sales annually and is backed by industry investors Poseidon Asset Management, Green Lion Partners, Phyto Partners, and Altitude. Learn more at https://flowhub.com/

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