Canadian Shoppers Drug Mart Eyes Sales of Medical Marijuana

Canada’s biggest drugstore chain is exploring the possibility of getting into medical-marijuana sales in a move that would dramatically alter the landscape of the new industry, bringing one of the country’s best-known retailers into the business.

Shoppers Drug Mart Corp. has held multiple meetings and phone conversations with licensed medical-marijuana producers across Canada over the past year about carrying a variety of brands in their drugstores, according to people involved in those conversations.

The chain, which has more than 1,300 locations across Canada, is also said to be in talks with suppliers about a generic line of the drug that would be sold under the drugstore’s own brand, according to people present during the conversations.

A small team of executives from Shoppers is said to have been touring the sites of medical-marijuana growers over the past several months, holding talks with several of the 29 federally licensed producers. Reached Tuesday,...

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