Max Cherney, Tech Reporter at MarketWatch, profiled technology company Eaze, the California company that enables cannabis delivery. In addition to discussing the risk of expanding from Northern California into the less-friendly Los Angeles market from a regulatory perspective, Cherney pokes at the overall business model, where the company takes a cut of revenue rather than being paid per delivery.
According to the company’s pitch deck, Eaze forecasts 2017 sales of $18mm, an increase of more than 100% from the prior year. and a $12mm loss on its operations, 50% greater than in 2016. The deck, according to Cherney, reveals that the company has extended its offerings to include vaporizer cartridges.
Read Max Cherney’s “An exclusive look inside a weed-delivery startup with billion-dollar dreams”: http://www.marketwatch.com/story/an-exclusive-look-inside-a-weed-delivery-startup-with-billion-dollar-dreams-2017-08-29