Tuesday, October 30, 2018

WAYV Picks Up $5M For Cannabis Software

Los Angeles-based WAYV, a startup that says it is developing cannabis e-commerce software, has raised $5M in a seed funding round, the company said on Monday. The funding was led by Craft Ventures, the venture investment fund of David Sacks. Sacks is one of the co-founders of PayPal. According to WAYV, it is developing e-commerce software which enables licensed cannabis companies to manage next day delivery and manage the supply chain for retailers and brands. WAYV is led by CEO and co-founder Keith McCarty. McCarty previously founded cannabis delivery company Eaze.

---