Pernod Sees No Impact Yet From Legal Cannabis But Watching Closely

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Pernod Sees No Impact Yet From Legal Cannabis But Watching Closely

Flickr / Bart Everson / (CC BY 2.0)

Pernod Ricard (PERP.PA), the world’s second-largest spirits maker, has not yet seen any impact from the legalization of cannabis in some parts of North America but is monitoring the situation closely, its chief executive said.

Alexandre Ricard told reporters the maker of Absolut vodka and Martell cognac was looking for any impact the legalization of cannabis has on its brands but had seen none so far.

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