Eaze and Wayv founder explains how to raise cash for hashish startups

Keith McCarty couldhave retired right after Microsoft acquired Yammer. Alternatively, he established Eaze to deal with cannabis shipping.

He guide the firm by means of its B spherical and then stepped back, but final calendar year, he launched Wayv, a new hashish startup to address an even much more major challenge for the market: offer chain logistics. So far, it is lifted $5 million and is at this time trying to get its Sequence A. Fundraising is challenging for any entrepreneur, but McCarty’s encounter sets him apart from most cannabis field founders.

The organization is now the to start with total payment resolution in the hashish sector, letting funds to vacation all over the ecosystem in the fastest, most secure way while remaining compliant with all of California’srestrictions.

We spoke at duration about this capacity and along the way, chatted about the cannabis startup landscape.

McCarty has been in the industry for about 5 decades, founding Eazein 2014 and later leaving right after boosting a $thirteen million B spherical. At the time, startups commonly did not find undertaking funding and McCarty aided the enterprise grow to be one of the initially to do so. Now founder and CEO of a new cannabis startup, he’s at it yet again.