marijuana

  • Eaze is moving into recreational marijuana delivery with $27 million in new funding

    Eaze is moving into recreational marijuana delivery with $27 million in new funding

    The cannabis industry has lit up in the last year, including weed delivery startup Eaze, which just raised $27 million in Series B financing and claims a 300 percent year-over-year increase in gross sales. But the weed delivery startup has come under scrutiny recently for burning through at least $1 million in cash per month. In contrast, other software-based pot delivery startups like Meadow… Read More

  • Cannabis website Herb raises $4.1M

    Cannabis website Herb raises $4.1M

    We get a lot of weed-related pitches at TechCrunch, but most of them don’t come with the pedigree of Herb‘s investors. Herb is announcing today that it has raised $4.1 million in seed funding led by Lerer Hippeau Ventures, with participation from Slow Ventures, Buddy Media co-founder Michael Lazerow, Bullpen Capital, Shiva Rajarama, Liquid 2 Ventures (the firm led by football… Read More

  • Cannabis delivery startup Eaze confirms theft of some user data from service provider Crunch Network

    Cannabis delivery startup Eaze confirms theft of some user data from service provider

    An anonymous source tipped off Crunchbase News that Eaze, the Series B-stage cannabis delivery startup with over $24 million in venture funding, has experienced a security incident. Read More

  • Marijuana media giant High Times sells majority stake for ~$42 million

    Marijuana media giant High Times sells majority stake for ~$42 million

    High Times, the most prestigious brand in pot, has been valued at $70 million in a deal that sees it selling a 60% majority stake for roughly $42 million to investment firm Oreva Capital. Originally a marijuana enthusiasts magazine founded in 1974, High Times has blossomed into a set up web properties and the Cannabis Cup marijuana contest event series. With wide scale marijuana… Read More

  • Benchmark just backed an ER doctor who wants to keep stoned people off the road

    Benchmark just backed an ER doctor who wants to keep stoned people off the road

    Many people enjoy several careers over their lifetimes. Then there’s Mike Lynn, an emergency room doctor in Oakland, Calif.; a reserve deputy sheriff; a faculty member at UCSF; a former venture capitalist; and the founder of Hound Labs, a three-year-old, Oakland, Calif.-based company at work on a breathalyzer for marijuana. Read More

  • Hemp can’t get you high, but it can get high-tech Crunch Network

    Hemp can’t get you high, but it can get high-tech

    Marijuana is an ancient plant with borderline mystical properties — just ask the 266 million people who smoke it every year. Hemp, the industrial strain of Cannabis sativa, has been used for many purposes — food, fuel and textiles among them — for tens of thousands of years. Unlike its sister strain, hemp can’t get you high. But much like the drug, it has… Read More

  • Tripping.com sees non-hotel lodgings draw “420-friendly” travelers

    A search engine that lets travelers find and book a stay in non-hotel lodgings, Tripping.com, has detected a burgeoning “budbnb” trend in Colorado. San Francisco-based Tripping.com aggregates vacation rental listings from the likes of HomeAway, Booking.com, VRBO and other sites, and shows travelers the best prices on available lodgings. It currently lists about 8 million… Read More