Business > US

We got a look at Eaze's 2020 pitch deck, which shows vastly scaled back ambitions as the once-soaring cannabis startup shifts to a new strategy

1 month ago   |   By Business Insider

Eaze was once a darling of cannabis and cannabis-curious investors.
In 2017, as California transitioned from a medical to adult-use market and other states seemed on the cusp of doing the same, venture capital firms and high net worth investors were trying to figure out how to bet on the potentially millions of new consumers getting access to a product that had been classified as a Schedule I drug for half a century.
Enter startups like Eaze, a cannabis delivery company, which used the promise of a cannabis boom to woo investors and grow their businesses.
Because cannabis is federally...
Read more ...

 

An inside look at Eaze's latest pitch deck reveals vastly scaled back ambitions from the once-soaring cannabis startup

An inside look at Eaze's latest pitch deck reveals vastly scaled back ambitions from the once-soaring cannabis startup

1 month ago   |   By Business Insider

Business Insider took a deep dive into cannabis startup Eaze's financial projections from 2017 to the present.
Internal documents and interviews reveal the once-brash startup's vastly scaled-back ambitions.
In 2017, Eaze - then a cannabis delivery service - projected that it would sell $1 billion worth of marijuana on the platform and aggressively expand to new states.
In 2020, under the guidance of a new executive team and after a round of layoffs, Eaze has pared back that expectation to $190 million in sales.
Here's a look at Eaze's 2020 deck, which the startup recently presented to...
Read more ...

 


Search by Tags

   US      Markets      Business      Companies      Investing      Retail      Investor  


Lockdown rules on trains and buses to ease as Brits told ‘go back to work'

Lockdown rules on trains and buses to ease as Brits told ‘go back to work'

Boris Johnson will reportedly ease restrictions on public transport to convince people back to work Restrictions on using public transport are set to be eased as the... Read more ...

The UK's $39 billion tax gap has left a 'financial black hole' for its...

The UK's $39 billion tax gap has left a 'financial black hole' for its already-battered economy

The UK's tax gap, which shows the balance between the amount of tax expected and actually paid, fell to a five-year low of $39 billion in the year 2018-19, official data... Read more ...

Brexit boost! Boris plans massive tax cuts to relaunch coronavirus hit economy

Brexit boost! Boris plans massive tax cuts to relaunch coronavirus hit economy

CHANCELLOR Rishi Sunak is preparing to unveil a dramatic round of tax cuts in a bid to restart Britain's coronavirus hit economy, according to a new report. Read more ...

Lori Loughlin and husband Mossimo Giannulli sell Bel-Air mansion after...

Lori Loughlin and husband Mossimo Giannulli sell Bel-Air mansion after pleading guilty in college admissions scandal

Lori and Mossimo have sold their mansion Lori Loughlin and her husband Mossimo Giannulli have sold their mansion after using it as collateral to cover their $2 million bail... Read more ...

Templegate's racing tips: Lingfield, Hamilton and Bangor - free betting...

Templegate's racing tips: Lingfield, Hamilton and Bangor - free betting preview for Sunday

DIRCHILL looks high and mighty. He scooted right away from his rivals at Redcar last time to win by more than seven lengths. That was over this trip and he can go from the... Read more ...

Porsche 911 Carrera S vs rivals: R8, Vantage, 570GT and Evora face off

Porsche 911 Carrera S vs rivals: R8, Vantage, 570GT and Evora face off

There's nothing quite like the group test of an all-new Porsche 911 to have the weight of responsibility resting heavily on a road tester's shoulders. And with good reason, for... Read more ...

SEAT Leon vs Volkswagen Golf vs Ford Focus

SEAT Leon vs Volkswagen Golf vs Ford Focus

It's not often that three of the most important new family cars on the market come along at once. Last week we tested the new Skoda Octavia. This week it's the turn of the... Read more ...

Saturday racing tips: Matt Chapman selects his best bets for ITV Racing at...

Saturday racing tips: Matt Chapman selects his best bets for ITV Racing at Newmarket and Ascot on Saturday

IT'S a cracking weekend of racing in Britain. But we have some Group 1 action to get stuck into at Newmarket and a good card at Ascot, and I reckon I can rustle up a few... Read more ...

Love Island's Dr Alex George splits from Amelia Bath

Love Island's Dr Alex George splits from Amelia Bath

Love Island's Doctor Alex George is back on the market after ending his relationship with Amelia Bath after they reunited post-lockdown Read more ...

Jared Kushner said the US would be 'really rocking again' by July. 7 states...

Jared Kushner said the US would be 'really rocking again' by July. 7 states are shutting back down, and new COVID-19 cases have set records 6 times in July's first 10 days

Jared Kushner's bold prediction from April about the country "really rocking again" by July has not held up. In the first 10 days of the month alone, the US has broken its... Read more ...