Location: Denver, Colorado
Position: Founder and CEO
Kyle Sherman became an entrepreneur at an age when most of his peers didn’t even know what the word meant.
Way back in middle school, Sherman started his first business, a computer services company that removed malware and other unwanted programs from computers.
“I’m a problem solver and a doer,” he says. “I don’t let barriers get in my way.”
Three years ago, Sherman moved from Los Angeles, where he worked in marketing, to Colorado to try to make his way in the emerging cannabis industry. He started doing marketing for several companies and then began to work on compliance issues. He realized there were multiple shortcomings in the products available, mainly that it was built for other industries and being applied to the cannabis industry’s needs.
As a “hobbyist coder” who never attended college, Sherman began work on a marijuana-specific product in January 2015 and officially launched Flowhub in June 2016. The seed-to-sale tracking system has taken off. Since the fourth quarter of 2016, the company has grown 300%, according to Sherman.
Today, Flowhub has 30 employees. Sherman says its success stems from his philosophy of “Go. Do. Execute.” He believes that Flowhub’s focus on compliance and transparency can help show the industry’s value and spread it across the country. He’s already seen the difference that can be made in working with state legislators to change their minds on the matter.
“Going into my 30s, it’s really cool to know you can make a difference,” he says.