|

WAYV Launches an Automated, E-Commerce Platform Serving California’s Cannabis Industry

ByLA STARTUPS
WAYV Launches an Automated, E-Commerce Platform Serving California’s Cannabis Industry

Being an early player in the booming cannabis industry is both a promising and challenging undertaking. It’s great because there are tons of opportunities that you get first dibs on but because there re no infrastructures built yet, you might need to take the long road in certain areas.

Fortunately, Wayv instantly saw the need to create a marketplace for growers, brands, distributors, and retailers so they can more easily and conveniently find each other and create relationships. Their automated, on-demand supply chain logistics platform available to the cannabis industry of California is meant to simplify the business-to-business processes in the trade.

How it works is Wayv connects retailers and brands to make the supply acquisition process faster and more fuss-free. Their platform is created as a one-stop-shop where suppliers can make their wares available and retailers can order for their inventories.

https://www.instagram.com/p/B4Boi68JZ1o/?hl=en

They basically facilitate the transactions so participants in the industry don’t have to use other means to acquire, market, and sell their products anymore. CNBC dubbed it as the Amazon for the legal cannabis industry.

Aside from making products and supplies easily accessible, Wayv is also making cashless transactions possible. As banks still find the cannabis trade a bit risky, the industry still mainly operates in cash. This is a problem as it’s very limiting and risky. With Wayv’s platform and its new B2B payment system, participants in the trade can now pay each other without the need for cash.

It’s also important to note that Wayv is fully compliant with state laws. This guarantees that there shouldn’t be any legal roadblocks for the businesses that will use their platform. They also conduct regulatory and compliance checks, so end users don’t have anything to worry about.

Wayv was created by Keith MacCarthy, a co-founder of the on-demand cannabis delivery startup Eaze, with partner David Sacks of PayPal. With their experience, unique concept, and use of powerful technology, Wayv can really help the cannabis trade keep up with modern times.

Website |  + posts

LAStartups.com is a digital lifestyle publication that covers the culture of startups and technology companies in Los Angeles. It is the go-to site for people who want to keep up with what matters in Los Angeles’ tech and startups from those who know the city best.

Related Posts

15 Innovative Startups From M13 Ventures15 Innovative Startups From M13 Ventures
15 Innovative Startups From M13 Ventures, From...
In today's rapidly evolving world, where technology continues to transform...
Read more
New UCLA study highlights the distinctive health...
Cannabis and tobacco, two substances often compared due to their...
Read more
20 Most Interesting Startups From Upfront Ventures20 Most Interesting Startups From Upfront Ventures
20 Most Interesting Startups From Upfront Ventures
Upfront Ventures, a prominent Los Angeles-based venture capital firm, has...
Read more
Vanilla: The Easy-to-Use Platform for Estate Planning and Financial Data IntegrationVanilla: The Easy-to-Use Platform for Estate Planning and Financial Data Integration
Vanilla: The Easy-to-Use Platform for Estate Planning...
Estate planning is a critical part of financial planning that...
Read more
Exploring Subject: A Comprehensive Platform for Online LearningExploring Subject: A Comprehensive Platform for Online Learning
Subject: A Comprehensive Platform for Online Learning
The rise of the internet has transformed the way we...
Read more
Toucan: Empowering Language Learning with a Social TwistToucan: Empowering Language Learning with a Social Twist
Toucan: Empowering Language Learning with a Social...
Language learning can be challenging, and traditional language learning methods...
Read more
Regard: Revolutionizing Healthcare with AI-Powered DiagnosisRegard: Revolutionizing Healthcare with AI-Powered Diagnosis
Regard: Revolutionizing Healthcare with AI-Powered Diagnosis
Regard is a healthcare technology company making waves in the...
Read more
Crypto-Currency Trading PlatformCrypto-Currency Trading Platform
A Quick Look at sFOX, a Crypto-Currency...
sFOX is the go-to cryptocurrency prime dealer for experienced traders...
Read more
Interview: Seed at The Table, Crowdfunding Platform For Helping Diverse Entrepreneurs ThriveInterview: Seed at The Table, Crowdfunding Platform For Helping Diverse Entrepreneurs Thrive
Interview: Seed at The Table, Crowdfunding Platform...
In a world where only 2% of venture-funded startups are...
Read more
GoldenArk Launches Its First NFT Collection, B-Boy Skunks Geared Toward Tech-Savvy Hip Hop and Cannabis EnthusiastsGoldenArk Launches Its First NFT Collection, B-Boy Skunks Geared Toward Tech-Savvy Hip Hop and Cannabis Enthusiasts
GoldenArk Launches Its First NFT Collection, B-Boy...
GoldenArk, the company best known for being behind the GoldenArk...
Read more
The Mysterious Origins of 4/20: Why America's Day to Celebrate Marijuana is April 20The Mysterious Origins of 4/20: Why America's Day to Celebrate Marijuana is April 20
The Mysterious Origins of 4/20: Why America's...
It’s that time of year again – 4/20, the unofficial...
Read more
Golden Ark Launches New Metaverse Platform for Cannabis ConsumersGolden Ark Launches New Metaverse Platform for Cannabis Consumers
Golden Ark To Launch Metaverse Platform for...
The cannabis consumer economy is booming, with the marijuana industry...
Read more
Bumo Launches Modern Child Care Services for Busy ParentsBumo Launches Modern Child Care Services for Busy Parents
Bumo Launches Modern Child Care Services for...
Parenting is a separate commitment from a job. It requires...
Read more
Miro Launches Web-based Collaborative Whiteboard Platform for Product ManagersMiro Launches Web-based Collaborative Whiteboard Platform for Product Managers
Miro Launches a Web-based Collaborative Whiteboard Platform...
What happens when a video conference, PowerPoint, post-it notes, and...
Read more
LeafLink Launches a Wholesale Management Platform That Connects Cannabis Brands And RetailersLeafLink Launches a Wholesale Management Platform That Connects Cannabis Brands And Retailers
LeafLink Launches a Wholesale Management Platform That...
Online commerce is booming. Most of the platforms available cater...
Read more
Zavikon Launches Recruitment Firm for Disabled and Neurodivergent Job CandidatesZavikon Launches Recruitment Firm for Disabled and Neurodivergent Job Candidates
Zavikon Launches Recruitment Firm for Disabled and...
Zavikon, founded by Milestones Visionary Employer Award winner Rebecca Beam,...
Read more
Grin Gaming Launches an AI-driven Tech Platform That Lets Users Predict Every Moments in Sports, Stocks, CryptoGrin Gaming Launches an AI-driven Tech Platform That Lets Users Predict Every Moments in Sports, Stocks, Crypto
Grin Gaming Launches an AI-driven Tech Platform...
We wouldn’t exactly call it betting, but Grin Gaming makes...
Read more
Whatnot Has Its Whatnot Has Its
Whatnot Has Its "What-If" Moments With Explosive...
25-year old Pokemon card collector Shane looks for deals. He...
Read more
WellSet Launches a Marketplace To Find Alternative Healthcare ProfessionalsWellSet Launches a Marketplace To Find Alternative Healthcare Professionals
WellSet Launches a Marketplace For Alternative Healthcare...
Telemedicine existed when phones started having the ability to connect...
Read more
Hire The Right People And Make Recruiting a Seamless Process With HireFuelHire The Right People And Make Recruiting a Seamless Process With HireFuel
Hire The Right People And Make Recruiting...
Businesses rely heavily on people to succeed. Having a successful...
Read more
Happy Fox Launches an All-In-One Help Desk Ticketing System To Speed Up Your Customer SupportHappy Fox Launches an All-In-One Help Desk Ticketing System To Speed Up Your Customer Support
Happy Fox Launches an All-In-One Help Desk...
If you’ve worked in customer service, you would know how...
Read more