The Opportunities and Risks in On-Demand Cannabis
As in the alcohol industry, tech platforms connect buyers with sellers but don't deliver themselves.
There can be no doubt that the promise of "on-demand" has fueled enormous growth in the technology industry over the past half decade. Whether it's lunch or dinner coming from DoorDash or Munchery, groceries coming from Instacart or Shipt, toiletries coming from Postmates or Google Express, or super-fast deliveries from Amazon Prime or Deliv, one thing is clear: if you want an item or service instantly, you can bet there's a business to answer the call.
The quintessential on-demand service is Uber, which has raised over $12 billion in outside capital for an app that sends a ride your way at the tap of a button. It's that simple.
So what about the cannabis space? Without getting into the stereotype of a cannabis user as too lethargic or uninspired to leave the couch, we can...
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