Building a Business on the Back of Government Contracts: Q&A With BioTrackTHC’s Patrick Vo
By John Schroyer
BioTrackTHC has traveled an interesting path on its way to becoming one of the most prominent software firms serving the cannabis industry.
The Florida-based company works directly with roughly 1,300 cannabis companies, but the key to its recent success has been its ability to win state contracts for custom seed-to-sale tracking systems.
BioTrack first won Washington State’s contract over 21 other companies in 2013, netting $750,000 for the base deal and even more as part of a two-year maintenance agreement.
So far in 2015, the company has won similar contracts from New York, Illinois