Weed Delivery Startup Moving

The weed delivery startup company, Eaze, has just raised $27 million in new financing despite coming under scrutiny for going through at least $1 million per month. The company’s new CEO, Jim Patterson, who took over the role in December 2016 explains his approach as “We are a tech startup…we’re investing in growth,” he stated when asked about their high cash burn rate. “We’re investing the money now in what’s clearly going to be a very big market.” Do you agree with Patterson’s statements comparing their company to tech startups? Do you think they may be going through their funding too quickly?

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