Investments

Medical Marijuana On-Demand Platform Eaze Inhales $13M In Funding

No matter your politics on the matter, weed is green. On-demand weed platform Eaze has just scored $13 million in Series B funding, thanks to Fresh VC, Doll Capital Management (DCM) and Tusk Ventures. Eaze has now raised a total of $25 million.

Considered to be the “Uber for cannabis,” Eaze has grown after its launch in July 2014, delivering to more than 200,000 people in 100 Californian cities. The data-driven platform allows medical marijuana patients to place an order on the double and, in certain states, become a card-carrying patient in 10 minutes or less.

The new funding, according to the business, is going to go towards hiring measures, moving into more markets and developing a way to help patients to find the weed strains to best fit them.

Eaze, however, isn’t the only business in the space. There’s Meadow, GreenRush, Nugg and SpeedWeed, to name a few. And so, that funding that Eaze landed will also go toward making a name for itself in its home state of California, as well as other states that are moving into legalization of the substance.

The upcoming election could make a dent in the industry.

“Platforms like Eaze that are setting a new standard for accessibility, safety and professionalism are best positioned to educate and service the future market,” Eaze CEO Keith McCarty said in a statement.

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