Eaze Raises Additional $27 Million

CALIFORNIA: Cannabis technology companyEaze has announced an additional $27 million in Series B financing, led by Bailey Capital with participation from DCM Ventures, Kaya Ventures and FJ Labs.

The latest round brings Eaze’s total funding to $52 million. Eaze will use the financing for continued expansion throughout California and other states, to provide safe, convenient and professional access to legal marijuana. James Bailey has also joined the board of directors bringing relevant industry experience as an investor in PAX Labs, High Times and MedMen.

“An increasing number of Americans recognize that when used responsibly, marijuana can dramatically enhance their lives. Through our commitment to education, Eaze is playing a crucial role in the normalization of something that can unequivocally make lives better,” said Jim Patterson, CEO of Eaze. “With the legalization of adult use marijuana on the horizon, we look forward to using our data, technology and platform to continue to serve our mission of providing safe, secure access to marijuana products at the lowest prices with the utmost convenience.”

This announcement of additional capital comes at a time when Eaze has experienced rapid growth, seeing a 300% year-over-year increase in gross sales through its platform and now facilitating over 120,000 deliveries per month. Launched in 2014, Eaze connects customers through its mobile app or website to delivery drivers from local, legal and compliant dispensaries in most major California cities. For patients in need of a medical marijuana recommendation, EazeMD connects California residents with independent, board-certified doctors to receive an evaluation on demand.

 

California Delivery Service Dubbed ‘Birchbox of Marijuana’

CALIFORNIA:  The Guild, a subscription-based marijuana delivery service, launched in San Francisco, California, this year — on April 20, or “420,” no less.

Founded by two New Yorkers who transplanted west in pursuit of like-minded cannabis users, The Guild is being dubbed the “Birchbox of marijuana” for its familiar business model.

Members of The Guild, a non-profit collective, browse the company’s online catalogue of flowers, concentrates, edibles, and cannabidiols and customize a box of goodies. Like Birchbox with its sample-sized lipsticks and lotions, The Guild can provide products with low doses of THC, the active ingredient in marijuana, for members to try before they buy in bulk.

In order to participate, customers must verify their status as a medical marijuana patient in California by uploading a doctor recommendation.

 

Despite Legal Issues, Alaska Marijuana Delivery Service Is Open For Business

ALASKA:  At least one marijuana delivery service is openly selling pot in Southcentral Alaska, more than a month before the ballot initiative that legalized recreational marijuana use in the state officially goes into effect.

“Technically we are acting [rogue] … but look forward to being legal soon,” reads the website of Discreet Deliveries, which offers to drop off up to an ounce of marijuana to paying customers in Anchorage and the Matanuska Valley.

Discreet Deliveries owner Rocky Burns, a 37-year-old former real estate agent from Wasilla, seems to be taking the risks in stride.

But state agencies on Monday warned that such a cavalier approach is dangerous.

 

Green Gold Rush Creating Gray Marijuana Market

COLORADO:  The gold rush of legalized marijuana in Colorado and Washington is creating a confusing market of goods and services, from illegal Craigslist pot deliveries to a marijuana vending machine and a food truck selling pot-infused sandwiches.

While recreational marijuana sales are legal in both states, the marketplaces are surrounded by a web of laws and regulations intended to keep buyers paying taxes and transactions aboveboard. But with tens of millions of dollars in profits up for grabs, entrepreneurs are flooding the market with products and services operating in a gray area. Some ventures are completely illegal but the vendors escape prosecution by trying to stay low key. Others grab headlines that are misleading at best.

Craiglist is filled with advertisements for marijuana-delivery services in the Denver area. The ads insist they’re offering a legal service: “Please do not flag! Amendment 20 and 64 compliant,” referring to the state’s medical and recreational marijuana laws. But Colorado law requires marijuana sales to occur inside licensed stores.

These services get around that requirement because the law also allows adults to give marijuana to other adults for free and without any “remuneration.” So the delivery services simply ask for a voluntary donation or a tip. Is it legal? Nope.

 

Smartphone App Promises Medical Pot Delivery

CALIFORNIA:  Startup Eaze on Tuesday released a smartphone application promising prompt, professional delivery of medical marijuana at the doors of patients in San Francisco.

Eaze said that drivers referred to as “caregivers” will get medicinal doses to their intended recipients in an average of 10 minutes in most cases.

Eaze checks the medical eligibility of those who register at eazeup.com for the “on-demand healthcare delivery service” where users place orders using smartphones or tablet computers.

Once an order is placed, Eaze dispatches a caregiver to hand deliver the marijuana from a selected dispensary. Those waiting for their cannabis can track progress of the driver in real time using mobile devices, according to Eaze.

 

5 Ways You Can Still Get Busted For Pot In Colorado

COLORADO:  While Colorado and Washington have legalized recreational marijuana for adults, don’t consider it a free-for all. Regulators have crafted rules that keep people buying their pot from special stores and paying taxes, and keeping marijuana out of the hands of kids. However, here is how legal pot can still get you in trouble.

1. Open containers in cars are a no-no. Just like open containers of alcohol are illegal, it’s also illegal to have an open container of marijuana in your vehicle. Police say they’ve seen a significant increase in the number of drivers caught with open containers of pot, which is sold sealed from retail stores.

2. No, you can’t get pot delivered. Police say that despite all those Craigslist ads, recreational marijuana delivery services are generally illegal. In Colorado, for instance, delivery services say they don’t take payment — instead they “request” a donation from a posted price list. That’s effectively paying, and is illegal, police say. The rules for medical marijuana, however, are different.

 

Medical Marijuana Delivery Services Are On A Roll

CALIFORNIA:  Brian Reichle couldn’t have gotten a pepperoni pizza much faster.

Needing to replenish his stash of pot one recent afternoon, the Burbank resident dialed Speed Weed. Within the hour, a driver arrived with a white paper bag carrying a gram of cannabis, 10 joints and a handful of pot-infused candies and cookies.

Once a small, word-of-mouth phenomenon, mobile marijuana businesses now number in the hundreds across Southern California. Nationwide, pot delivery services have nearly tripled in three years, from 877 to 2,617, according to Weedmaps, a Yelp-like online directory for pot businesses.

Weed on wheels offers patients convenience and owners a cheaper alternative to running a brick-and-mortar shop. Delivery services see huge potential for growth.