Delivery Firm Sees Budding Opportunity

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Delivery drivers for Hollywood startup Nestdrop need to have a clean driving record – and a medical marijuana card.

That’s because the company, which launched about three months ago as an alcohol delivery service, plans to start making medical marijuana deliveries by the end of this month.

Michael Pycher, the company’s co-founder, knows what you’re thinking, but he says this is a serious business.

“We’re not the beer and weed guys,” he said. “We’re the regulated product guys.”

Nestdrop claims to be able to make deliveries in full compliance with marijuana laws, which is why drivers have to have medical marijuana cards themselves – that way, they’re legally allowed to have weed in their possession.

He and business partner Roddy Radnia saw the increased acceptance of medical marijuana as an opportunity for Nestdrop to establish itself in an emerging market.

“We like the fact that it’s a very, very healthy market and it’s only going to grow,” Pycher said.

So far, Nestdrop works with 14 medical marijuana dispensaries, all in the L.A. area.

A customer downloads the Nestdrop app and uses it to take a picture of their medical marijuana card. That information is encrypted and sent to dispensaries, which are responsible for making sure customers are legit.

Nestdrop doesn’t charge customers a delivery fee. Instead, the company plans to make money by charging dispensaries for arranging sales. The company will get a cut of sales made through its app, though Pycher would not say how big that cut will be.

“Every dispensary pays the same amount,” he said. “We get a small commission fee for setting up the deal.”

– Andrew Edwards

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