Walmart Canada exploring possible sale of cannabis-based products

Walmart Canada exploring possible sale of cannabis-based products

FILE PHOTO: A Walmart store is seen in Encinitas, California April 13, 2016. REUTERS/Mike Blake/File Photo
REUTERS: Walmart Inc'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 US$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.(Reporting by Uday Sampath in Bengaluru; Editing by Anil D'Silva)
Source: Reuters
 Source : https://www.channelnewsasia.com/news/business/walmart-canada-exploring-possible-sale-of-cannabis-based-products-10808882