The Future of Weed Delivery Services

The Future of Weed Delivery Services ...

It can become increasingly difficult to locate such products in certain sections of the United States because to the lack of cannabis dispensaries or because they are just too distant. Now, thanks to the advancement of technology and the popularity of delivery services, there is a new kind of merchandise you can drop off at your door: cannabis.

Services for Grocery and Food Delivery

If you have had any issues with famous food/grocery delivery services Instacart, GrubHub, DoorDash (DASH) - Get DoorDash Inc. Class A Report, or Uber Eats (UBER) - Get Uber Technologies Inc. Report, you'll be amazed at how timely and almost essential they have become.

Delivery of Grocery and Food Services

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Instacart was valued at $39 billion in 2021, while GrubHub was valued at $2.1 billion in revenue, which is a 16% increase year over year. DoorDash has a net worth of around $4.67 billion. In 2021, Uber Eats generated $8.3 billion in revenue, which is a 72% increase year over year.

Walmart Grocery (WMT) - Get Walmart Inc. Reportand Shipt (TGT) - Get Target Corporation Reportalso thrived in 2020, displaying large percentage increases.

Cannabis Delivery Services

The number of dispensaries in many states in the United States has increased: there are now over 7,490. However, not everyone lives near a dispensary and many people want their goods delivered to their doorstep.

This is where cannabis delivery comes in, aka Instacart, but for weed.

Cannabis delivery services are increasing.

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Delivery accounted for about 55% of California's medical marijuana sales, according to the New York Times. And as a result of the epidemic, demand increased, withone service's sales increasing 500% from March.

Two of the most significant and growing ones are Leafly (LFLY) and Weedmaps (MAPS) - Get WM Technology Inc. Report.

Leafly is a British company based in the United States.

Leafly is a Japanese word for leafly.

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Leafly is based in Seattle, Washington, and was founded in 2010. It's a website that delivers and picks up cannabis products from legal, licensed businesses. According to its website, over four million orders are placed annually and more than 4,600 shops work with Leafly. There are over 1.3 million product reviews and over 5,000 strains in its database.

Leafly App is a freeware application that allows you to make changes.

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Leafly operates its business on a website and an app. It also believes in independent reporting, allowing people to find information and resources regarding cannabis and what is appropriate for them. This is done through the Leafly Cannabis Guide.

Delivery, Dispensaries, Deals, Strains, Products, CBD, Cannabis 101, and Social Impact are all available on the website. The website is simple to navigate, and once you enter your address, cannabis delivery is a click away.

Leafly's revenue increased by 18% over the entire year 2020. Following the announcement, Leafly's CEO Yoko Miyashita described the move as a significant accomplishment:We are relentlessly focused on investing in our technology, talent, and content to execute our growth strategy and create value for all parties.

Weedmaps

Weedmaps are a term used in the English language.

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Justin Hartfield and Keith Hoerling founded Weedmaps in 2008 as WM Technology. Their objective, according to the organization's website, is "to drive a transparent and inclusive global cannabis economy."

App for Weedmaps

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Weedmaps is available as an app on iOS and Android, as well as its own website.

Weedmaps also provides information on cannabis products, such as shipping options. It also provides educational cannabis information such as its history, usage, and legal status.

Weedmaps, currently led by CEO Chris Bealshow, went public in June of 2021 with a value of $1.5 billion after merging with Silver Spike Acquisition Corp. in its first quarter of 2022, revenue increased by 40% year over year to $57.5 million.

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