Waitr: Marijuana delivery plan moves forward, rebranding as ASAP | Business Buzz
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Lafayette-based food and grocery delivery app Waitr may soon become "ASAP," as the company completes its rebrand.
The company is required to change its name as the result of a legal settlement, and the company is planning to become known as ASAP, which it said better represents the company's attempts to diversify its services.
Waitr also announced it is moving ahead with its plans to begin delivering legal cannabis, agreeing to purchase an inventory and compliance software that serves dispensaries.
Waitr announced on Friday that it signed a letter of intent to buy Cova, a software that helps streamline cannabis sales for dispensaries. According to a press release, the sale would be for $90 million.
“We believe that the Cova POS solution will be symbiotic with our recently acquired Cape Payments business, as we estimate annualized gross merchandise value of the cannabis transactions processed on the Cova platform of approximately $2.3 billion, based on recent performance," said Carl Grimstad, CEO and chairman for Waitr.
Grimstad said Cova is used by around 2,000 dispensaries in North America.
In March, Waitr announced it was forming a partnership with Flow Payments to create a platform for the sale and delivery of legal cannabis.
Evangeline Downs launches sports book
Boyd Gaming held a grand opening ceremony Friday to launch the FanDuel Sportsbook at Evangeline Downs, with LSU and New Orleans Saints legend Dalton Hilliard placing the ceremonial first bet.
According to Louisiana Sharp, a website dedicated to sports betting information in Louisiana, Evangeline Downs is the first retail sports book in Acadiana.
According to a release from Boyd Gaming, the FanDuel Sportsbook will be open daily, and sports fans will be able to place bets in a 2,800-square-foot retail location with three live betting windows, 14 self-service terminals, 23 video displays and seating for more than 85 guests.
Planning for old Trappey's Cannery beginning soon
Planning for the major development of the former Trappey's Cannery on the banks of the Vermilion River is set to begin soon, according to a release from SO Studio, and the development could include features like residential units, boardwalks and a brew pub.
The warehouses are approximately 177,000 square-feet. The cannery is on the Vermilion River, and plans for the development will include residential units, retail outlets, restaurants, bars, a hotel, and boardwalks. There are also plans to try to attract a brew pub and outfitter.
Master planning for the Trappey's site will begin this month with Lake|Flato, a San Antonio-based architecture firm, leading the planning. The design team also includes landscape architecture firm OJB.
The property was bought in March for $1 million by Trappey Riverfront Development LLC, a group headed by Marcel Wisznia of New Orleans and Lafayette architect Stephen Ortego, who runs SO Studio, according to records with the Lafayette Parish Clerk of Court.
Lake|Flato will visit the site after the holidays and meet with Ortego, Wisznia and community stakeholders. The planning will also include master plans for Beaver Park, Heymann Park and Lil' Woods Park. The design team will be looking for public input in February.
Holy Family Catholic School gets permit for new building
The Holy Family Catholic School at 200 Saint John Street received a permit for the $5.2-million construction of a new classroom and gym building, according to documents from the Lafayette Consolidated Government permit office.
Permit documents show the new building is expected to be around 23,600 square-feet.
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