Uber CEO says company could get into cannabis delivery

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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, were absolutely going to take a look at it," Khosrowshahi said in a "TechCheck" interview. 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 its going to focus its efforts on its current delivery options in its key categories such as food and alcohol. 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.

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