DENVER, Aug. 18, 2016 /PRNewswire/ -- For the second year running, MJ Freeway rounds out the list of the fastest growing companies in the United States, according to Inc. Magazine. MJ Freeway joins the ranks of Square, Dollar Shave Club, and ipsy. MJ Freeway is the only software company for cannabis to make the list – a testament to the company's leadership in an industry that is continuously evolving.
MJ Freeway experienced a 3-year growth rate of 340%, creating 50+ jobs, and placing it in the top 25 fastest growing companies in Denver. The company has plans for further growth in the coming year.
Co-founded by Amy Poinsett and Jessica Billingsley, MJ Freeway is a female led tech company that provides software solutions for the cannabis industry, from seed-to-sale tracking to business management consulting. They provide critical tracking and compliance capabilities to over 50 percent of cannabis businesses in regulated states and hold contracts with both private cannabis companies as well as government entities.
"The designation we've received from Inc. Magazine, for the second year in a row, demonstrates how our products anticipate where the cannabis industry is going. With rapid state expansion and healthy patient/consumer growth, the industry is becoming more sophisticated and businesses are becoming larger, more complex organizations. With that growth, canna-businesses are recognizing the need to improve their business performance with tailored cannabis software solutions," said Poinsett. "Our growth is reflective of what's happening in cannabis and we're thrilled to be leading the way."
"As a cannabis company, we are excited to be recognized by Inc. Magazine. Being named alongside name-brand companies indicates that the industry is breaking into previously uncharted territories," said Jessica Billingsley. "Now, we're not only seen as a leader in our field, but a leader in the technological applications of business software. That is huge for us."
MJ Freeway® is the industry-leading software and consulting solution for cannabis businesses, processing $5B in cannabis sales transactions and serving clients in 23 states the District of Columbia, Canada, Europe, and Australia. Founded in 2010 by a team of career software and IT professionals, the product suite is designed and built from the ground-up specifically for cannabis businesses. MJ Freeway's tracking software includes patent-pending inventory control and grow management applications to streamline workflow and increase efficiency. MJ Freeway's Leaf Data Systems software solution enables governments to track cannabis plants from seed-to-sale and ensure patient, public, and product safety. MJ Freeway also offers a complete suite of consulting services for cannabis businesses. For more information, call 888-932-6537 or visit mjfreeway.com.
SOURCE MJ Freeway