Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.
Yesterday, TechCrunch reported that Eaze, a well-known cannabis-focused startup, is struggling to stay in business amidst a cash crunch, leadership turmoil, banking issues and a business model pivot. It’s a compelling, critical read.
The news, however, asks a question: How are other cannabis-focused startups faring? We’ll explore the question through the lens of fundraising and the public market results of public cannabis companies in Canada.
Fundraising
Source: Tech Crunch Startups | Eaze’s struggles reflect falling VC interest in cannabis startups
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