Because of federal laws, the largest logistics companies cannot legally serve cannabis vendors
Cannabis supply chain logistics is challenging. Because of federal laws, the largest logistics companies—Amazon, Fedex, and UPS—cannot legally service vendors.
It’s complicated: Cannabis brands must become their own first party distributor and must own all of their own logistics systems (vehicles, warehouses, packaging) or else use specially-licensed third-party vendors. That latter category is catalyzing new business growth.
Local dispensaries are supporting startups that can take orders, authenticate users, and ensure safe and legal delivery to consumers. Eaze and GreenRush are the biggest players in medical marijuana delivery. In 2019, Wayv, a B2B cannabis logistics firm, launched its Dynamic Distribution platform, which helps companies list themselves as third-party distributors for other brands, and automatically runs compliance checks. This will enable cannabis brands to move products within their states more easily.
This trend is part of our section on Vices. Other trends in this section include:
Accountants, Advertising and Public Relations, Agriculture, Auditors, Banking, Bars & Restaurants, Beauty, Beer, Wine and Liquor, Biosciences, Civil Servants/Public Officials, Corporate Boards & Directors, CPG, Doctors & Other Health Professionals, Drug Manufacturers, Education Colleges & Universities, Education K-12, Entertainment Industry, Government - National, Government - State and Local, Government Regulators, Health Professionals, Human Resources, Information Technology, Insurance, Law Enforcement, Lawyers/Law Firms/Legal Industry, National Security, Pharmaceuticals/Health Products, Retail, Technology Company, Trade Associations, Work (Future of)