No, Uber Isn't Delivering Weed, Although It's Taking Orders On Its App: 'Licensed Retailers Are Delivering Cannabis'
Portfolio Pulse from Javier Hasse
Uber Technologies Inc. (NYSE:UBER) and Leafly Holdings Inc (NASDAQ:LFLY) have partnered to facilitate cannabis delivery via the Uber Eats app. However, the delivery is performed by licensed retailers' own staff, not Uber Eats' independent contractors.
June 13, 2023 | 4:04 pm
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Leafly partners with Uber to facilitate cannabis delivery via Uber Eats app, potentially increasing its exposure and user base.
The partnership with Uber allows Leafly to leverage the Uber Eats platform, potentially increasing its exposure and user base. The collaboration could also streamline the ordering process for merchants and customers.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Uber partners with Leafly to facilitate cannabis delivery via Uber Eats app, potentially expanding its user base and revenue.
The partnership with Leafly allows Uber to enter the cannabis delivery market, which could attract new users and increase revenue. However, the delivery is performed by licensed retailers' staff, limiting Uber's direct involvement.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100