Hi and welcome back to our regular morning glimpse at private providers, public markets and the grey place in involving.
Yesterday, TechCrunch claimed that Eaze, a well-acknowledged hashish-centered startup, is battling to remain in business amidst a income crunch, leadership turmoil, banking troubles and a business enterprise model pivot. It is a persuasive, essential read through.
The news, nevertheless, asks a issue: How are other cannabis-focused startups faring? We’ll investigate the problem as a result of the lens of fundraising and the general public current market results of community cannabis providers in Canada.