Waitr is no longer planning to purchase a software company that helps streamline cannabis dispensary sales, the company said Friday, though it does intend to pursue a relationship as Waitr continues to try to expand into cannabis delivery.
In December, the Lafayette-based company announced it had entered into a letter of intent to buy Retail Innovation Labs, or Cova. The two companies scrapped the agreement on March 10, but Waitr said it is still looking at a partnership that would allow Cova customers to arrange payment for delivery services.
"These discussions remain preliminary and there can be no assurance that a definitive agreement with respect to this arrangement will be entered into or consummated in the near term or at all," the company said in a release.