1 Big Tech Company That Could Expand Into the Cannabis Industry

David Jagielski, The Motley Fool
·5 min read
1 Big Tech Company That Could Expand Into the Cannabis Industry

It's reasonable to assume that the federal prohibition of marijuana is deterring many companies from getting involved with the cannabis industry. While there have been marijuana-related transactions, investors know that many pharmaceutical and even tech companies could be chomping at the bit to get involved -- once the path is clear. In an interview earlier this month with CNBC, Uber (NYSE: UBER) CEO Dara Khosrowshahi said, "When the road is clear for cannabis, when federal laws come into play, we're absolutely going to take a look at it."