(This story has been updated to distinguish between Eaze Technologies and Eaze as well as clarify some details.)
Marijuana delivery company Eaze Technologies filed for Chapter 7 bankruptcy in March after selling and transferring its assets to creditors, according to BankruptcyObserver.
Eaze Technologies was shut down on Dec. 31, and a new company, Eaze, began operations Jan. 1 after hiring and onboarding about 1,100 employees in California, Colorado and Florida.
Eaze Technologies filed for bankruptcy only months after:
- Announcing a rebranding to Eaze Inc. and a $10 million cash infusion.
- Planting its first crop in its recently expanded Green Dragon Florida cultivation facility, which doubled the size of its flowering canopy to 64,000 square feet, and opening its 40th medical marijuana dispensary location in Florida.
Eaze has a complicated history.
Green Dragon and Eaze – which purchased Green Dragon about three years ago – were acquired in August 2024 by a group involving billionaire Jim Clark, founder of the defunct tech firm Netscape.
Clark had foreclosed on Eaze in May 2024 after the delivery company defaulted on a 2022 loan of $36.9 million. He then purchased Eaze’s assets for $56 million at an auction.
In October, the company said it would wind down operations while the new ownership determined whether the business would continue.
