Audio By Carbonatix
Uber could start delivering cannabis once federal regulation allows the company to do so, CEO Dara Khosrowshahi told CNBC on Monday.
“When the road is clear for cannabis when federal laws come into play, we’re absolutely going to take a look at it,” Khosrowshahi said in a “TechCheck” interview.
Marijuana remains illegal under federal law, but some lawmakers have expressed a willingness to change policy.
The federal government has been allowing states to legalise the drug with little interference over the past few years. And so far, 16 states, along with the District of Columbia, have legalized cannabis for recreational use.
New York is the latest state to legalise recreational marijuana, with Gov. Andrew Cuomo signing legislation on March 31. The law also allows the delivery of marijuana products.
Currently, cannabis delivery services are available with no restrictions in California, Nevada, and Oregon for people who are 21 years of age or older.
For now, the company said it’s going to focus its efforts on its current delivery options in its key categories such as food and alcohol.
“We see so much opportunity out there, and we’re going to focus on the opportunity at hand,” Khosrowshahi said.
Uber stock jumped more than 2% on Monday, after the company posted record gross bookings for the month of March, indicating a pickup in demand for its ride-hailing business.
Latest Stories
-
3 dead, 6 injured in Kpando–Aziave road crash
1 minute -
Government to deploy 60,000 surveillance cameras nationwide to tackle cybercrime
26 minutes -
Ghana DJ Awards begins 365-day countdown to 2026 event
31 minutes -
Making Private University Charters Optional in Ghana: Implications and Opportunities
31 minutes -
Mampong tragedy: Students among 30 injured as curve crash kills three
41 minutes -
Ken Agyapong salutes farmers, promises modernisation agenda for agriculture
50 minutes -
Team Ghana wins overall best project award at CALA Advanced Leadership Programme graduation
53 minutes -
FIFA gives President Donald Trump a peace prize at 2026 World Cup draw
59 minutes -
2025 National Best Farmer urges government to prioritise irrigation infrastructure
1 hour -
EPA CEO to be installed as Nana Ama Kum I, Mpuntu Hemaa of Abura traditional area
2 hours -
Mahama to launch School Agriculture Programme, requiring farms across all schools
2 hours -
Tanzania blocks activists online as independence day protests loom
2 hours -
ECOWAS launches new regional projects to strengthen agriculture and livestock systems
2 hours -
ECOWAS mediation and security council holds 43rd Ambassadorial-Level Meeting in Abuja
2 hours -
Two dead, 13 injured in fatal head-on collision on Anyinam–Enyiresi highway
3 hours
