Snoop Dogg just invested a whole bunch of money in a new marijuana app called Eaze that brings cannabis straight to your pad in “less than 10 minutes.”
According to Time magazine, the startup has raised over $10 M in funding so far. It was founded last year in California by Keith McCarthy, a former Yammer employee.
Besides the swift delivery and snazzy up, Eaze has a lot to brag about. It’s one of the first recipients of international funding within the cannabis community, and its main draw is the way it simply adds a third party to the delivery transaction. Eaze doesn’t provide cannabis — it just provides a delivery service.
So far, it’s made a whopping 30,000 deliveries. Since it launched just nine months ago, that’s well over a hundred deliveries daily.
With adult use of cannabis now legal in four states already, and medical marijuana in nearly half of the United States, it’s a hot subject for investors right now.
Would you invest in cannabis? Do you know someone who does, or a company that’s #winning right now? Come chat with us in the comments section.