In the past month or so, Spend Matters has featured a number of articles about the fast-growing cannabis industry and supply chain. It’s complex, but the cannabis industry is not what it used to be.
While the earlier articles have focused on procurement and supply chain processes and technology, there is another area of the business that was not covered: on-demand home delivery. Over the past two years, a number of startups have emerged to provide the platform/app-based service — think of it as a Grubhub or DoorDash for pot, instead of food. The list includes companies like Nugg, Speed Weed and grasp.it, but perhaps the most recognized — and most well funded — is Eaze.
San Francisco-based Eaze was founded in 2014. Since that time, according to crunchbase, the company has raised more than $25 million in private equity funding (most recently a $13 million series B round in October of 2016). The company website says that Eaze was started to provide “safe, convenient and affordable access to marijuana,” and that its “technology connects hundreds of thousands of people with certified doctors and dispensaries, allowing them to get marijuana delivered quickly, wherever they are.”
The company also states that friendly, background-checked […]