Amazon’s announcement this week that it would stop testing some employees for cannabis, and would lobby for federal legalization, led to a flood of speculation about what the e-commerce giant plans for the industry.
CNBC
“The idea of Amazon Prime drones dropping weed on America’s front porches doesn’t just scare old-time prohibitionists,” Bruce Barcott writes at Leafly. “It sends shivers through cannabis retailers, too.”
He argues, Amazon won’t kill pot retail for the same reasons it hasn’t killed liquor retail.
- Legalization activists and the cannabiz generally applauded the announcement, especially since other companies are likely to follow its example.
MJBiz - In March, a New York man sued Amazon for rescinding his warehouse job offer after he tested hot.
AP - CNN asked if Amazon would catalyze pot stocks upward. (It hasn’t yet.)
Quick Hit
- Arizona banks are warming to cannabis clients.
Phoenix New Times
