October 9, 2018 / 3:36 PM / 8 days ago

Walmart Canada exploring possible sale of cannabis-based products

Oct 9 (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 $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)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below