Eaze Gets a Step Closer to Becoming the “Uber of Cannabis”
One of the most successful cannabis delivery marketplaces in the US — Eaze, announced the acquisition of retailer and cultivator Green Dragon, propelling it to the throne of California’s biggest multi-state cannabis delivery companies.
Indeed, adding Colorado and Florida (the operating grounds of Green Dragon) to Eaze’s California and Michigan market will make the company America’s largest MSO delivery operation.
With this deal, Eaze takes hold of 42 retail and delivery locations in four of the largest and fastest-growing cannabis markets in the country, with a combined worth of $10 billion.
This business move is not a surprise given the substantial growth this private company experienced over the past two years. Only last year, their sales increased by 38%, and their user number jumped by a staggering 105%.
It seems that the coronavirus pandemic was the “wind in the sales” for Eaze, and the marketplace is not close to slowing down. Last month, the Eaze App became the first-ever App Store-approved cannabis delivery mobile application, increasing further its popularity.
All the success is all the more important, given that two years ago, the very existence of Eaze was under a big question mark.
In any case, this acquisition will make Eaze the “Uber of cannabis”, and make medical and recreational cannabis more accessible than ever.
What’s more, given Eaze’s social justice reputation as a leader, many of the underrepresented groups will have the opportunity to enter the cannabis business.
State officials confirm that this is what’s expected of the company, given its admirable social equity politics. Apparently, about 75% of the cannabis brands on the Eaze Wellness platform were led by women entrepreneurs or executive managers.
So, if anyone should win the race of becoming the biggest cannabis delivery service and marketplace, Eaze seems to deserve it.