Eaze, cannabis delivery company, raises 27M

There's something really disturbing about this given the fact that people are still rotting in jail in this country for selling a dime bag in the 90's. The time for federal prohibition to come to an end is far overdue.

Maybe I'm missing something, but why are X delivery companies a thing? Why not have just a delivery company? This is a case where I can't even think of any special handling being required, but I wouldn't be a customer so may be ignorant to something.

Serious question: Are the investors not at risk for being charged with a federal RICO case given that marijuana is illegal at that level in the US? Legally, it's no different than them investing in a heroin or cocaine ring.

That delivery spike on 4/20 is amusing to see. I suspect it will become the equivalent of Christmas sales volume for Cannabis vendors.

Gets them another 27mo of runway, according to the other article that they burn 1m/mo. Wow, how can they be burning that much?

Why would (largest regional pharmacy retailer) supply chain not be able to win this market? Already has all those hard assets in place with ops, people, efficiencies, etc.

I get the need for runway given the burn rate at 1 mil/month. I just can't understand the investors motivation. What does annual revenue really look like? Meadow raised just over 2 mil and is close to profitability. It all just seems a tad excessive in terms of cap raise, burn and realistic growth. But again, just keep raising capital, eventual you can IPO and dump it on a bunch of retail guys.

Congrats to Eaze! I run a popular networking event for CannaTech professionals in Denver and while it's a little scary to see Silicon Valley coming after this area that Colorado has been dominating, it's a good thing for the industry in general. Stigma and risk has kept a lot of top talent away and it's exciting to see that finally starting to change!

Glad to see some increasing activity for funding in the cannabis space. Prohibition is lifting, and it is exciting to watch it happen.

It&#x27;s a bit surprising to see that they&#x27;ve raised so much. Given that Eaze is only available in California and they will need a very local approach to deal with city by city and state by state regulations which have slight differences.<p>I can definitely see an Uber&#x2F;Lyft dynamic emerge in the marijuana delivery space.

I wonder if the increasing cannabis accessibility leads to an increase in smoking? Lots of friends of mine never smoked but started „smoking“ cannabis, usually combined with tobacco (vapors not used once). Kind of a sad development in my opinion when lots of countries are pushing hard for a smokefree life.

Can the VC be implicated for financing distribution of controlled substances ? There could be enough grounds for Banks to terminating their relationship with Bailey Capital et al. Why would a venture capital firm expose themselves to this, when its not even legal in half of the country?

I hope they can invest at least some of this money into 5 minute drone deliveries.