Spotlight: BioTrackTHC a tech leader in legal marijuana industry

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Company:

BioTrackTHC.

Headquarters: Fort Lauderdale.

Business: Develops and sells seed-to-sale marijuana inventory tracking software for government regulatory agencies and authorized marijuana businesses.

Years in business: Six years in the marijuana space.

Management team: Steven Siegel, founder and chairman emeritus; T.J. Ferraro, founder and chief software architect; Patrick Vo, chief executive officer; Dr. Moe Afaneh, chief operating officer; Efrain Vega, chief financial officer.

Website: www.biotrackthc.com.

Revenue growth: Revenues increased 450 percent in 2014.

Number of employees: 56 and rapidly increasing. Offices in Fort Lauderdale; Denver; and Olympia, Washington.

Milestones: Secured four of the last five official state government marijuana tracking contracts issued in the U.S. over the last two years (Washington, New Mexico, Illinois and New York); expanded the number of commercial locations for its seed-to-sale tracking software to more than 1,400 authorized facilities across 23 U.S. states, Washington, D.C., Canada, Jamaica and South America.

Keys to success: The company founders and employees have...

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