The Winklevoss twins, of Facebook fame, have stepped into the cannabis industry by investing in cannabis delivery startup, Eaze.
Winklevoss Capital joined a $13 million Series B round, which has made the San Francisco-based Eaze the most well-funded cannabis delivery company just ahead of potential cannabis legalization in California. An average of polls to-date show nearly 60 percent support for Proposition 64, which will be on the November ballot. California will allow cannabis delivery if legalization passes.
I first noticed the round was listed on Crunchbase last month, but Eaze would not confirm the investment, and Winklevoss Capital would not respond to emails. Eaze co-founder and CEO Keith McCarty wrote in an email on October 1, “Eaze does not disclose its investors, without permission. We did NOT say that Winklevoss Capital did not invest in Eaze. I suggest you reach out to them directly, to confirm, and get permission to disclose.”
On October 24, Eaze confirmed the round through a release. The listing has since been updated, with an October date and Fresh VC as round lead. Previously, it was listed for June, with Winklevoss Capital leading an $8.3 million round, instead of the current $13 million. (See below screenshot from September.)