Provide chain logistics is a headache and a half across any sector, but the difficulty level goes way up inside the globe of cannabis. For the reason that of federal laws, FedEx, UPS and USPS are not an selection. Distributors need to have a selection of licenses and need to operate inside distinct regulations. For instance, cannabis brands need to either turn out to be their personal very first-celebration distributor, with W2 personnel and enterprise-owned vehicles, distribution centers, and so forth., or use a licensed third-celebration distributor.
Wayv, the B2B cannabis logistics platform founded by serial entrepreneur Keith McCarty, is seeking to resolve this dilemma with the launch of its Dynamic Distribution platform. Of course, Wayv has been operational for upwards of a year, obtaining received $five million in seed led by Craft Ventures’ David Sacks (former co-worker to McCarty from the Yammer days) back in October 2018.
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