Uber CEO says company could get into cannabis delivery

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Dara Khosrowshahi, CEO of Uber, speaking astatine the 2019 WEF successful Davos, Switzerland connected Jan. 23rd, 2019.

Adam Galica | CNBC

Uber could commencement delivering cannabis erstwhile national regularisation allows the institution to bash so, CEO Dara Khosrowshahi told CNBC connected Monday.

"When the roadworthy is wide for cannabis, erstwhile national laws travel into play, we're perfectly going to instrumentality a look astatine it," Khosrowshahi said successful a "Tech Check" interview.

Marijuana inactive remains amerciable nether national law, but immoderate lawmakers person expressed a willingness to alteration policy. The national authorities has been allowing states to legalize the cause with small interference implicit the past fewer years. And truthful far, 16 states, on with the District of Columbia, person legalized cannabis for recreational use.

New York is the latest authorities to pave the mode for legalized recreational marijuana, with Gov. Andrew Cuomo signing legislation astir 2 weeks ago. As portion of the bill, Cuomo besides is allowing the delivery of marijuana products. Currently, cannabis transportation services are available with nary restrictions successful California, Nevada, and Oregon for radical who are 21 years of property oregon older.

For now, the institution said it's going to absorption its efforts connected its existent transportation options successful its cardinal categories similar nutrient and alcohol.

"We spot truthful overmuch accidental retired determination and we're going to absorption connected the accidental astatine hand," Khosrowshahi said.

Uber banal jumped much than 2% Monday, aft the institution posted grounds gross bookings for the period of March, indicating a pickup successful request for its ride-hailing business.

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