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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
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The subscription service is currently unavailable. Please try again later.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...
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