LOS ANGELES – Well-known Cannabis delivery platform, Eaze, became a household name due to their bright billboards placed on California roads and highways. The “Uber of pot,” delivery service was launched in 2014 and was eventually backed with $166 million in funding.
Eaze the company is not implicated. Nor are Eaze a defendant in this case. Reporting from Marijuana Business Daily, says former CEO, James Patterson, pled guilty last Friday to one count of conspiracy to commit bank fraud to work around restrictions on cannabis-related companies and bypass rules regarding the use of credit cards for cannabis purchases.