Eaze Inc., a Los Angeles, CA-based cannabis delivery company, raised $10M in Series B funding following the acquisition of select assets from Eaze Technologies Inc..
Backers were not disclosed.
The investment will enable the reopening of 70 Eaze and Green Dragon locations across California, Colorado, Florida, and Michigan, including 57 retail stores, 11 delivery hubs, and two production facilities.
Key initiatives with the Series B funding will include:
- Recruiting for more than 1,000 operational positions across four states
- Expanding Florida production capacity from 32,000 square feet to 64,000 square feet of flowering canopy
- Opening new dispensaries and expanding delivery capacity across Florida, California, Colorado and Michigan
- Launching refreshed brand marketing campaigns highlighting Eaze’s newly launched scheduled delivery capabilities, and new product innovation at all Green Dragon locations
- Building new brand partnerships across all territories and developing new market-specific product offerings
Eaze Inc. will be led by Cory Azzalino.
FinSMEs
12/11/2024