For the 4th Time, MJ Freeway Is Recognized on the Inc. 5000, Ranking No. 1975 With Three-Year Revenue Growth of 226%
DENVER, Aug. 17, 2018 /PRNewswire/ -- MJ Freeway has been ranked 1975 on the 37th annual Inc. 5000, the most prestigious ranking of the nation's fastest-growing private companies compiled by Inc magazine. The list provides a unique look at the most successful companies within the American economy's most dynamic segment—its independent small businesses. Microsoft, Dell, LinkedIn, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
"MJ Freeway has the best team of people who have achieved growth that puts us in an elite category with four consecutive years on the Inc. 5000 list. Our team's genius zone is finding the best tech solutions for cannabis businesses. And our clients continue to trust us. MJ Freeway has processed more than $10 billion in legal cannabis sales," says Jessica Billingsley, CEO and Co-Founder.
Much of MJ Freeway's recent growth can be attributed to the release of MJ Platform, the first ever generation 2 software for the cannabis industry. Serving multi-state and multi-vertical cannabis retail, cultivation, and manufacturing businesses, MJ Platform provides the tech for cannabis businesses to mine business insights and intelligence, elevate their customer experience, and scale operations all over the world.
"If your company is on the Inc. 5000, it's unparalleled recognition of your years of hard work and sacrifice," says Inc. editor-in-chief James Ledbetter. "The lines of business may come and go, or come and stay. What doesn't change is the way entrepreneurs create and accelerate the forces that shape our lives."
Not only have the companies on the 2018 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists. The 2018 Inc. 5000 achieved an astounding three-year average growth of 538.2 percent, and a median rate of 171.8 percent. The Inc. 5000's aggregate revenue was $206.1 billion in 2017, accounting for 664,095 jobs over the past three years.
To view MJ Freeway's profile and the complete results of the Inc. 5000, visit www.inc.com/inc5000.
About MJ Freeway: MJ Freeway® is the largest global cannabis technology company having processed more than $10B in sales with clients in Australia, Canada, Europe, New Zealand, South America, and the United States in 23 states and the District of Columbia. Founded in 2010 by technologists creating tech 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 professional consulting services for cannabis businesses. For more information, call 888-932-6537 or visit mjfreeway.com.
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SOURCE MJ Freeway
Released August 17, 2018