Eaze To Acquire Multi-State Retail Leader Green Dragon, Creating Nation’s Largest MSO Delivery Operation and Biggest California-Headquartered MSO

CANNANNEW REPORT

SAN FRANCISCO–(BUSINESS WIRE)–Eaze, the nation’s largest cannabis delivery marketplace, and multi-state retail leader Green Dragon are pleased to announce they have reached an agreement to provide service to customers and patients in California, Colorado, Michigan, and Florida. The combined company will operate 42 delivery and storefront retail locations and serve markets with a combined value of nearly $10 billion. The transaction is pending local and state regulatory approval. “Eaze has achieved exponential growth over the last two years by successfully shifting to vertical operations and continuing to grow our loyal customer base,” said Eaze CEO Rogelio Choy. “Green Dragon’s airtight operations in Colorado and expansion into Florida’s booming market adds key operational capabilities to our national footprint and cements our leadership as California’s largest MSO. Together, we are well-positioned to leverage the market’s explosive growth now and into the future.” Green Dragon Co-Founder and Chief Development Officer, Alex Levine said, “We are incredibly excited to be combining our retail and production expertise with the nation’s leading cannabis delivery platform. Together, Eaze and Green Dragon will be able to expand access to even more patients and customers via an ever-expanding delivery network as well as physical storefronts across the country.” Eaze is a vertically-integrated cannabis marketplace operating in California and launching in Michigan, with over 7.6 million deliveries completed to-date, two million registered customers, and $190 million in transaction value over the past 12 months. Eaze carries over 100 brands and 600 individual products on its menu, and is a nationally-recognized leader in promoting social equity licensees, who have sold nearly $7.7 million in products via the Eaze platform. In July, Eaze launched the first-of-its-kind shoppable cannabis app for Apple. Green Dragon is a pioneering cannabis company and multi-state operator, with stores spanning major metropolitan areas in Colorado and Florida, cultivation operations in both states, and…

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Source : Eaze To Acquire Multi-State Retail Leader Green Dragon, Creating Nation’s Largest MSO Delivery Operation and Biggest California-Headquartered MSO

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