The Largest Cannabis Delivery Company in CA Is Closing by the EOY – 500 Workers Will Be Laid Off

The largest cannabis delivery company in CA will close by the end of the year - and 500 employees will be laid off.Photo byThought Catalog/Unsplash

According to a new report by Green Market Report, the largest marijuana delivery company in CA is shutting down after 10 years - and 500 workers will be laid off.

According to the report, Eaze, which was founded in 2014, will officially close its doors on December 31, according to a post made by CEO Corry Azzalino on his LinkedIn on Sunday, October 6.

According to the report, the business was booming until the 2018 Implementation of Proposition 64 "the voter-approved ballot measure that legalized recreational marijuana and authorized a new regulatory and taxation system". The company was sold at an auction in August for $54 million.