Business Insiderreports that Walmart Canada has been exploring the sale of marijuana products - specifically CBD-infused beverages - in its stores there, though the company says it has no immediate plans.
CBD is described as “a non-psychoactive component of marijuana that's linked to a range of health benefits but can't get you high.”
According to Business Insider, “Canada is set to legalize marijuana federally on October 17. In the US, the CBD market is estimated to be a $1 billion business, and some analysts believe the market could explode to $22 billion across a range of categories, including beverages, snacks, and beauty products, in the next four years.”
CBD is described as “a non-psychoactive component of marijuana that's linked to a range of health benefits but can't get you high.”
According to Business Insider, “Canada is set to legalize marijuana federally on October 17. In the US, the CBD market is estimated to be a $1 billion business, and some analysts believe the market could explode to $22 billion across a range of categories, including beverages, snacks, and beauty products, in the next four years.”
- KC's View:
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Coke, Pepsi,Walmart … the list of companies preparing to get into the weed business continues to grow. There’s simply too much money on the table for them to back away, and when marijuana finally becomes legal throughout the US, they’ll be prepared to make their move.
