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A spokesperson for delivery company Uber has confirmed that it will allow users in Ontario, Canada, to place orders for cannabis delivery on its app.

“Uber will include the (Tokyo Smoke) retail cannabis company in its market, after which customers can place orders from the (Uber Eats) app and then pick them up at their nearest store,” he said.

“The partnership will help Canadian adults buy safe and legal cannabis, helping to combat the illegal market that still accounts for more than 40% of all non-medical cannabis sales nationwide,” he added.

In response to a question about the possibility of expansion in other Canadian provinces, or in the United States, he said: “There is no confirmed information that can be shared at the moment.”

For his part, the company’s CEO, Dara Khosrowshahi, said last April that “the company will consider the delivery of cannabis when the legal field is clear in the United States.”

With more than 3 years since Canada’s legalization of “recreational cannabis”, the country is trying to fix its faltering market, with illegal producers still controlling a large share of total annual sales.

The global cannabis stock index “MJ ETF” rose 2%, while shares of “Uber” rose 1.2% to $44.78 in pre-market trading.

According to data from industrial research firm BDS Analytics, cannabis sales in Canada will total $4 billion in 2021 and are expected to grow to $6.7 billion in 2026.

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The mandates and stricter shutdowns caused by the pandemic last year spurred demand for cannabis-related products from customers stuck at home with limited entertainment options.

Source: “Reuters”

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