California’s largest pot delivery service is in financial trouble after it defaulted on a major loan and now faces foreclosure, according to a document filed in Delaware court earlier this month.

Eaze, which was founded in San Francisco in 2014 and was once valued at over $700 million, has defaulted on a loan issued by legendary tech investor Jim Clark. Clark is now foreclosing on the company and demanding all collateral owned by Eaze, according to the court filing, which was first reported by WeedWeek.