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September 01, 2020 1:39pm
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After raising $50M, Drizly plans hires for alcohol delivery and cannabis business

Founded in 2012, alcohol e-commerce marketplace Drizly raised its first round of capital in 2014 and is now a profitable business, according to CEO Cory Rellas. The company took in external funding to scale into online sales, hire new people and increase marketing efforts to reach new customers, he said. Approximately one third of the new fund will go into Lantern, the recently-launched cannabis business for certified medical patients.
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