Uber CEO Dara Khosrowshahi indicated that his company could begin delivering marijuana once the drug becomes legal at the federal level.
“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 segment of CNBC’s Tech Check on Monday. “But right now with grocery, with food, with alcohol, etc., we see so much opportunity out there, and we’re gonna focus on the opportunity at hand.”
NEW YORK LEGALIZES RECREATIONAL MARIJUANA
Cannabis remains illegal at the federal level, and first-time possession charges can bring a maximum of one year in prison and a $1,000 fine. Charges stiffen if caught selling the drugs as one can face life imprisonment for dealing in quantities of about 1,000 kg.
Khosrowshahi’s comments follow New York’s March 31 decision to legalize recreational marijuana. Gov. Andrew Cuomo signed the bill after the legislation passed in the New York Legislature allowing adults 21 years or older to use the substance freely.
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New York joined 14 other states that have legalized the drug in recent years, while several others have only medical or low THC access programs. A total of three states, Idaho, Nebraska, and Kansas, have no public access to the plant.