Walmart’s $3.1B proposal to settle opioid lawsuits would include $40 million for Colorado

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Walmart’s $3.1B proposal to settle opioid lawsuits would include $40 million for Colorado
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The retail giant’s announcement follows similar proposals on Nov. 2 from the two largest U.S. pharmacy chains, CVS Health and Walgreen Co., which each said they would pay about $5 billion

.

“We are continuing to hold accountable the companies that created and fueled the opioid crisis, which has devastated communities and harmed Coloradans throughout the state,” Weiser said in a statement. “As a result of our efforts, Walmart is committing to provide meaningful resources that will help people suffering from opioid addiction get the treatment and recovery services they need, and to change the way it operates so that this never happens again.

Lawyers representing local governments said the company would pay most of the settlement over the next year if it is finalized.

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