It wasn't on sale this Prime Day, but one day the CEO of cannabis delivery company Eaze thinks Amazon will be in the weed business.
“I think there’s no doubt that eventually Amazon will get into this business. The question is, is that five years, 10 years, or 20 years,” says Eaze CEO Jim Patterson. “I think it will be a bit longer for them … until there’s much more clarity at the federal level.”
With laws changing around the country, legal sales of marijuana are expected to more than double in the next five years. Venture capital has taken notice with a reported $700 million worth of investments. Eaze is one of the most highly funded cannabis startups, delivering products in major cities across California.
Patterson says the company leverages technology to create easy access. “Instead of having to go to a store, a dispensary, you can download an app, or go to our website, and you’re able to shop the products from a local dispensary, and then have those products delivered to you.”
Top photo courtesy of Adobe Stock
