Caliva Lures Gig Workers from Uber, Lyft, DoorDash to Cannabis Industry
*By Michael Teich*
The on-demand cannabis industry is seducing Uber drivers with the promise of better benefits and career growth.
Caliva, a Silicon Valley-based marijuana company, is waging an extensive recruitment campaign to hire drivers from popular ride-hailing and delivery companies, including Uber, Lyft, and DoorDash.
"What we've found is that a lot of the drivers who normally drive for Uber, Lyft, or DoorDash are really looking to have not just a full-time or part-time job with benefits, but they're looking to be part of something," said Caliva CEO Dennis O'Malley in an interview on Cheddar Monday.
Caliva offers its drivers full pay, benefits, and 401K plans. O'Malley told Cheddar that California regulations require that cannabis delivery drivers are full-time employees of a licensed cannabis entity, which in turn gives gig economy workers a more stable income. Uber, on the other hand, has frequently been the subject of criticism for its driver policies. As independent contractors, drivers typically have not been granted access to the benefits received by the company's full-time employees.
Caliva's company has grown to just over 400 people, and about a quarter of those are drivers, according to O'Malley. The company is ramping up its delivery efforts to meet the demands of consumers ordering marijuana to their own homes.
"One of our largest initiatives is being able to continue expanding out direct-to-consumer business and we do that in partnership with Eaze.com," O'Malley said.
Marijuana delivery platform Eaze, the co-called Uber of Pot, is reportedly in the process of closing a $65 million Series B round at a pre-money valuation of around $250 million, according to Axios. That kind of financial backing could be a key factor in Eaze's ー and Caliva's ー ability to become a major force in the competitive on-demand economy.
For full interview [click here](https://cheddar.com/videos/cannabis-company-recruits-uber-lyft-drivers-with-promise-of-better-benefits).
April's release of the monthly Housing Starts and Building Permits reports by the Census Bureau provides crucial insights into the construction activity in the housing market. These reports are an economic indicator, shedding light on the current state of the housing market and its broader economic impact.
Caitlin Clark is heading to the Indiana Fever, the number one draft pick and the highest-scoring college basketball player of all time. And while she may not be getting millions from the WNBA, there's a few ways she'll net compensation for her generational talents.
Author of 'Clean Meat,' Paul Shapiro joins Cheddar to discuss how the cellular agricultural revolution helps lower rates of foodborne illness and greatly improves environmental sustainability. Plus, how his company The Better Meat Co. is bringing healthier food options to the table.
Recent headlines might make it sound like World War III is imminent, but when it comes to your finances, it's not the time to panic. The market is coming off its longest winning streak since 2011.
You may have noticed fewer new venture capital-backed startups (like Airbnb or Uber) lately. The market slowed to a crawl after 2021, but things are expected to take off again in 2025.
Corporate earnings season is underway, that time when companies share their billions in sales or double-digit profits. But the data shows even companies are struggling with high inflation and interest rates.
Boeing continues their terrifying trend of having their planes fall apart mid-flight, inflation — checks notes — is still up and the future of AI looks terrifying. Cheery!
Food waste – uneaten scraps or leftovers sent to landfills – is responsible for 10% of global emissions. Mill, a new product from the co-founder of Nest, thinks technology can play a role in eliminating it.
By the time the 2024 election is over, be prepared to see some form of a recession – but this shouldn’t be as bad as what we experienced in 2020 or 2008.