Amazon Embraces Weed
The world’s leading e-commerce retailer is changing its attitude toward cannabis. And it has people talking.
Cannabis stocks rallied after an announcement this month from Amazon that it will no longer test employees for pot use. The company is also publicly supporting the MORE Act, which would federally decriminalize marijuana.
Leafly Senior Editor David Downs described it as “another tailwind in the national move to legalize cannabis” in an interview with KCRW.
“We have 18 legalization states now, and New York just came online as well as Arizona. And many are seeing this as yet another domino falling, in terms of the beginning of the end for U.S. cannabis prohibition, which has been going on since the 1930s.”
When Amazon talks, the world listens. The company’s annual revenue was up 38% last year to $386 billion. It now employs around 1,298,000 people.