verb (used with object), peddled, peddling.
to carry (small articles, goods, wares, etc.) from place to place for sale at retail; hawk.
to deal out, distribute, or dispense, especially in small quantities: to peddle radical ideas.
to sell (drugs) illicitly.
verb (used without object), peddled, peddling.
to go from place to place with goods, wares, etc., for sale at retail.
to occupy oneself with trifles; trifle.

1525–35; apparently back formation from peddler; in def. 4, reinforced by piddle

repeddle, verb (used with object), repeddled, repeddling.
unpeddled, adjective

pedal, peddle, petal. Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
peddle (ˈpɛdəl)
1.  to go from place to place selling (goods, esp small articles)
2.  (tr) to sell (illegal drugs, esp narcotics)
3.  (tr) to advocate (ideas) persistently or importunately: to peddle a new philosophy
4.  archaic (intr) to trifle
[C16: back formation from pedlar]

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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Word Origin & History

"to retail," 1837, colloquial back formation from peddler.
Online Etymology Dictionary, © 2010 Douglas Harper
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Example sentences
He continued to peddle his wares until unable to walk a few months ago.
Regulators also peered into managers' murky fee structures and their often cosy
  dealings with brokers who peddle their funds.
Some of of us have, but apparently not ignorant journalists who parrot what
  corporate agriculture wants to peddle.
Let's say you're trying to peddle some fake flowers.
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