Walmart Canada exploring possible sale of cannabis-based products

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Man shopping  at Walmart in Toronto, Canada. 

Walmart’s Canadian unit is exploring the possibility of selling cannabis-based products, but has no immediate plans for selling them.

Walmart shares rose 2 percent to $96.62 in late morning trading.

“As we would for any new industry, Walmart Canada has done some preliminary fact-finding on this issue, but we do not have plans to carry CBD products at this time,” a spokeswoman told Reuters.

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Article source: https://www.cnbc.com/2018/10/09/walmart-canada-exploring-possible-sale-of-cannabis-based-products.html

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