The company, which makes cannabis vaporizers, has plans to use the funding for international expansion and new products, but Vassan also hinted at a data play in this new market. “People know about different kinds of alcohol,” said Vasan, in an interview in April. “They may know that they’re a beer person or a wine person.
Two entrepreneurs tantalized early on by the smell of dank profits are Pax Labs CEO Bharat Vassan and Eaze and Wayv founder Keith McCarty.
Wayv wants to be the Eaze of the enterprise, connecting licensed cannabis companies to licensed brands to provide next-day delivery of Cannabis products.
After spending five years at Yammer, and then Microsoft following the acquisition, McCarty went on to found Eaze, a legal cannabis delivery platform.