Snoop Dogg Invests in Marijuana Delivery Service
Before folks like Wiz Khalifa and Curren$y starting expressing their love for the sticky green stuff, there was a guy named Snoop Dogg, who's been rapping about his love for marijuana since the early '90s.
This is why it's not shocking to find out that the West Coast rapper has invested his money into a new medical marijuana delivery service. Snoop decided to expand his empire by providing funds to Eaze, Business Insider reports.
After raising $1.5 million in November of 2014, Eaze scored another $10 million in investment funds from various sources. Besides the Doggfather's contribution, the company received money from investment firms Fresh VC, DCM Ventures and 500 Startups.
The California-based company is one of many doing its best to capitalize on the changing marijuana laws throughout the U.S. Eaze is like an Uber for weed, delivering the smoke to a client's door within 15 minutes from the time of order.
Eaze's founder, Keith McCarty, said he's been putting his own money into the company until its official launch, but after seeing the initial success, he decided to roll it out in a much bigger way.
"It's been self-funded by me up until now, but with a successful launch we are obviously looking to expand very quickly into other cities, so we are seeking funding right now," said McCarty in an interview with CNBC last year. "This week is littered with other investor meetings so we are hoping to close a round soon."
Eaze currently provides service in 35 different cities across the country.
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