You are here
Home 🌿 Cannabis Technology News 🌿 "Uber for marijuana" startup raises $75m from Snoop Dogg and other investors 🌿"Uber for marijuana" startup raises $75m from Snoop Dogg and other investors
A marijuana delivery start-up has raised $10m (£6.8m) in a funding round which included investments from Snoop Dogg's Casa Verde Capital and Silicon Valley firm DCM Ventures among others.
Eaze, which has been dubbed the "Uber for weed", does not directly supply marijuana, but instead connects California medical marijuana card-carriers with local dispensaries, claiming it can hook users up with the drug in under 10 minutes. Technically, it is not breaking any law, even though recreational use of marijuana is still illegal.
The firm became the first marijuana startup to attract international investors when it raised $1.5m in November, and has made 3,000 deliveries since its launch.
It holds ambitious plans for growth, including a goal to hire 50 people in 50 days, and plans to expand into other locations where recreational and medicinal marijuana are legally available, founder Keith McCarthy told Quartz.
With US states including Alaska, Washington, DC...
This marijuana news is brought to you by 420 Intel. For the latest breaking cannabis industry news, subscribe to the 420 Intel newsletter. If you'd like to promote your product or service in this area after every article, contact us.
420 Intel is Your Source for Marijuana News
420 Intel Canada is your leading news source for the Canadian cannabis industry. Get the latest updates on Canadian cannabis stocks and developments on how Canada continues to be a major player in the worldwide recreational and medical cannabis industry.
420 Intel Canada is the Canadian Industry news outlet that will keep you updated on how these Canadian developments in recreational and medical marijuana will impact the country and the world. Our commitment is to bring you the most important cannabis news stories from across Canada every day of the week.
Marijuana industry news is a constant endeavor with new developments each day. For marijuana news across the True North, 420 Intel Canada promises to bring you quality, Canadian, cannabis industry news.
You can get 420 Intel news delivered directly to your inbox by signing up for our daily marijuana news, ensuring you’re always kept up to date on the ever-changing cannabis industry. To stay even better informed about marijuana legalization news follow us on Twitter, Facebook and LinkedIn.
Follow us on Instagram
Connect with us on Linkedin