Cannabis tech company Eaze raises whopping $27 million

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Eaze, a canna-centric technology company in San Francisco, has raised $27 million in Series B financing.

The raise was led by Bailey Capital, according to a news release, with additional funding by DCM Ventures, Kaya Ventures and FJ Labs.

Eaze’s latest funding round brings the company’s total financing to $52 million, including a $13 million raise in October.

Eaze – best known for its EazeMD mobile app that connects cannabis customers with marijuana delivery services – said it will use the money for continued expansion in California and other states.

Los Angeles-based Bailey Capital is managed by James Bailey, who has joined Ease’s board of directors, according to the release.

Bailey – whose  2-year-old investment firm specializes in cannabis, technology and media – has also invested in PAX Labs and High Times.