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AMAZON.COM, INC.

(AMZN)
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Amazon backs marijuana legalization, drops weed testing for some jobs

06/01/2021 | 08:56pm EDT
Amazon's JFK8 distribution center in Staten Island, New York City

(Reuters) - Amazon.com Inc said on Tuesday it supports a proposed U.S. legislation to legalize cannabis at the federal level, and would drop weed-testing requirements for some recruitments.

The e-commerce company's public policy team will be actively supporting The Marijuana Opportunity Reinvestment and Expungement Act of 2021 (MORE Act), which seeks to legalize marijuana at the federal level, its consumer boss Dave Clark said in a blog post.

Amazon will also no longer screen its job applicants for marijuana use for any positions not regulated by the Department of Transportation, Clark added.

While many U.S. states have legalized marijuana use, employers have so far largely refused to work with the industry as cannabis is still a classified substance at the federal level.

"In the past, like many employers, we've disqualified people from working at Amazon if they tested positive for marijuana use," Clark said. "However, given where state laws are moving across the U.S., we've changed course."

Amazon was hit with a proposed class action suit, which claimed that the company was violating a New York City law by testing applicants
for jobs at local facilities for marijuana, according to a Westlaw report. https://reut.rs/3uHPxM6

The company does not allow marijuana sales on its platform.

Amazon also said it is tweaking its worker productivity tracking tool, "Time off Task."

"Starting today, we're now averaging Time off Task over a longer period to ensure that there's more signal and less noise--reinforcing the original intent of the program," Clark said.

(Reporting by Akriti Sharma in Bengaluru; editing by Uttaresh.V)


ę Reuters 2021
Stocks mentioned in the article
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AMAZON.COM, INC. 0.12% 3331.48 Delayed Quote.2.29%
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Sales 2021 476 B - -
Net income 2021 27 203 M - -
Net cash 2021 60 587 M - -
P/E ratio 2021 63,2x
Yield 2021 -
Capitalization 1 687 B 1 687 B -
EV / Sales 2021 3,42x
EV / Sales 2022 2,82x
Nbr of Employees 1 298 000
Free-Float 82,1%
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Brian T. Olsavsky Chief Financial Officer & Senior Vice President
Jeffrey P. Bezos Executive Chairman
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