Sponsored – Uber Signals It’s Interested in Cannabis Delivery
One ride-share giant appears ready to make a big move into the budding weed delivery space.
In a recent appearance on CNBC, Uber’s CEO Dara Khosrowshahi hinted he is interested in adding cannabis delivery to his company’s offerings. If the federal government legalizes adult-use cannabis, Khosrowshahi said he would “absolutely…look into” delivering weed to customers.
Most likely, Uber would offer this weed delivery service as a part of its popular Uber Eats platform. Uber also owns the food delivery service Postmates as well as the alcohol delivery platform Drizly.
Cannabis delivery has become increasingly popular for Americans in weed-friendly states. For instance, the cannabis delivery platform Sana posted a 60 percent sales increase in 2020. Recent reports published in PR Newswire also suggest cannabis delivery will increase in the ensuing years.
Unsurprisingly, the main driver behind the weed delivery’s recent surge was COVID-19. As more states instituted stay-at-home orders, patients and recreational users turned to delivery services for their cannabis needs. Even during the height of the lockdown orders, most states recognized dispensaries as “essential businesses.”
Although cannabis remains a Schedule I drug federally, many states have legalized this herb in recent years. As of April 2021, 16 US states and the District of Columbia allow residents to buy, sell, and use recreational marijuana. Dozens of other states also allow medical marijuana with various restrictions.
Currently, only hemp is legal under US federal law. Unlike marijuana, hemp contains ≤ 0.3 percent of the cannabinoid delta 9 THC. The most popular hemp-derived products contain heavy traces of the non-psychoactive cannabinoid CBD. There’s no word yet whether Uber Eats will deliver CBD edibles to customers.
Although the House of Representatives passed the MORE Act in late 2020, it’s unclear whether President Biden would approve cannabis legalization. According to recent reports, President Biden would only support decriminalization reforms rather than outright legalization.
Until Capitol Hill changes its stance on recreational cannabis, Khosrowshahi says he will remain committed to Uber’s ride-share and Eats divisions. In fact, Uber recently spent $250 million in bonuses to entice drivers back onto its platform. The company has also instituted many new safety policies, including the “No Mask, No Ride” initiative.