Lantern, among the many main on-demand hashish e-commerce market and residential supply platforms within the U.S., at the moment introduced three modifications inside its management staff. Meredith Mahoney, who has served as Lantern’s President because the firm launched in May 2020, was named Co-Founder and CEO. Katie Neer, who has served as Head of Industry Affairs, was named General Counsel, and Akele Parnell, the corporate’s Head of Equity Partnerships, was additionally appointed to steer Lantern’s social fairness incubator program. Additionally, Lantern Co-Founder, Justin Robinson, has transitioned to a full-time position on the firm following Uber’s acquisition of Lantern’s sister firm, Drizly Group.
In February 2021, Uber introduced an settlement to accumulate Drizly for about $1.1 billion in inventory and money. As a part of the deal shut, Lantern has transitioned to a separate company entity and obtained $40 million in capital from Drizly Group. Lantern at the moment presents on-demand hashish supply for sufferers and adult-use shoppers in Massachusetts, Michigan, and Colorado.
Justin will oversee Lantern’s progress operations and product improvement. Meredith will work carefully with Justin to additional develop the platform’s customized discovery options and develop to new authorized markets. He can even proceed to work with Katie and Akele to develop social fairness provisions in new legalized markets and create beneficial enterprise alternatives for social fairness candidates by way of Lantern’s incubator packages.
As General Counsel, Katie will lead the corporate’s authorized and authorities affairs, in addition to social fairness initiatives, collectively with Akele, who will oversee Lantern’s social fairness enterprise incubators. Lantern’s incubator packages present mentorship, academic programming, and operational sources to aspiring social fairness licensees in Massachusetts, Colorado, Michigan, and New Jersey.
“Cannabis is expected to become the final frontier in the e-commerce landscape, and I am thrilled to focus my efforts on fulfilling our company’s long-term vision of bringing transparency, equity, and access to the legal space,” mentioned Justin Robinson, Co-Founder of Lantern. “I am immensely proud of the novel marketplace opportunities that have been introduced through Drizly, and I look forward to working with Meredith and the rest of the Lantern team to help consumers and all industry stakeholders reimagine what is possible for cannabis e-commerce.”
“Justin’s marketplace and consumer insights have been instrumental to Lantern’s growth throughout the past couple of years, and his leadership will be an invaluable asset as the legalization movement gains momentum,” mentioned Meredith Mahoney, Co-Founder and CEO of Lantern. “Lantern has already made a meaningful impact in each of its local business communities, and I am eager to work with Justin, Katie, Akele and Lantern leadership to bring our on-demand platform and mission-driven service to compelling new markets in the near future.”
Drizly was co-founded by Justin in 2012 and is at the moment the biggest on-demand alcohol market in the United States. Under his management, Drizly’s community grew to over 5,000 retailer companions that attain 235 over markets throughout North America. In 2015, Justin was named to Forbes’ prestigious 30 Under 30 List beneath the Food and Wine class. Lantern, which was incubated out of Drizly, launched in May 2020 and makes use of Drizly’s main market applied sciences and operational experience to assist best-in-class shopper and retailer experiences.
Lantern is among the many main hashish e-commerce market and supply platforms within the U.S. With the velocity and comfort of on-demand supply, Lantern companions with the perfect native dispensaries and hashish manufacturers to carry transparency, security, and entry to hashish for each new and skilled shoppers by way of intuitive, customized buying experiences. Lantern’s best-in-class experience in regulated industries helps dispensaries operationalize on-demand supply, serving to them to achieve new clients, faucet into key shopper insights, and diversify their companies to develop gross sales. Lantern is an independently operated firm inside Drizly Group, the most well-liked and dependable on-line alcohol supply platform in North America.