LAFAYETTE, La., July 14, 2022–(BUSINESS WIRE)–Waitr Holdings Inc. (Nasdaq: WTRH) (“Waitr” or the “Company”) today announced it reached agreements with multiple CBD dispensaries and has started delivery of CBD products in select Texas markets with expansion into other markets forthcoming.
The move into the CBD industry is the latest action taken by the company as it transitions the business to a “deliver anything” model. In the last few days, Waitr, which will soon rebrand and change its name to ASAP, has reached agreements with companies to deliver clothing, luxury, sporting goods, alcohol, flowers, auto parts and electrical products.
“We are committed to our ongoing efforts to expand our business model of ‘delivering anything’ to our customers,” said Carl Grimstad, Chairman and CEO of Waitr. “With our proprietary technology, we have the specialized platform to facilitate the sale and delivery of CBD products.”
The CBD retail market is growing across the nation, with CBD companies currently offering a wide range of products. Recent data shows market growth due to increased awareness of cannabidiol’s therapeutic benefits for health and wellness.
Initial CBD products that will be delivered by Waitr include CBD oils, topicals, gummies, candies and capsules.