On Monday, Uber’s CEO said that the ride-share firm would ‘absolutely’ venture into cannabis deliveries as one of its services once the federal ban ends.
When questioned about the prospects of expanding his venture to incorporate marijuana deliveries, Dara Khorowshahi said that although the firm is still concentrating on alcohol and grocery deliveries, it will explore the marijuana industry after the crop’s legalization.
He said that The ride-share firm is focused on delivery types that most consumers want to be delivered at their doorstep. He added that they believe food, pharmacy, alcohol, and grocery fall in that category; however, marijuana also has potential.
Dara said that when the cannabis state laws become favorable, they’ll absolutely take a gander at it. He further said that they are now focusing on the current opportunities such as alcohol, food, grocery, etc.
Khorowski was particularly questioned about the prospect of venturing into the marijuana landscape in light of New York’s recent legalization enactment. If New York’s polling is a sign, Uber might experience surging demand for marijuana deliveries. 53% of New York’s residents said during a survey that they support having that alternative available to users.
The CEO said they’re currently keeping a close eye on existing expansions, which entails its acquisition of Drizly (an alcohol delivery system). Drizly launched a separate marijuana delivery service dubbed Lantern. However, due to the recent Uber contract, it stated that the duo might be separated. Lantern will independently operate as a private firm.
Being a national company, Uber is conducting risk assessments on the current cannabis ban at the state level; however, an amendment to that regulation might emerge sooner than expected.
Chuck Schumer, New York’s Senate Majority Leader, has said a reform to authorize cannabis that he’s drafting with Senator Cory Booker and Ron Wyden (Senate Finance Leader) will be unveiled shortly.