Walgreens will sell CBD creams, patches and sprays in nearly 1,500 stores in select states, the company told CNBC on Wednesday. The drugstore chain will sell the cannabis-based products in Oregon, Colorado, New Mexico, Kentucky, Tennessee, Vermont, South Carolina, Illinois and Indiana. Walgreens declined to specify which brands it would carry.
“This product offering is within line with the efforts to supply a wider range of accessible health insurance and wellbeing services and products to best meet the requirements and preferences in our customers,” Walgreens spokesman Brian Faith said inside an email to CNBC.
Rival drugstore chain CVS introduced CBD-containing topicals, including creams and salves, to stores in eight states earlier in March. Since the non-psychoactive cannabis compound becomes one of many hottest ingredients in consumer products, retailers are carefully evaluating the marketplace.
People are increasingly curious about CBD, which promises to help from anxiety to pain even though there exists scant evidence backing up these claims. Even though CBD derived from hemp is now legal thanks to the farm bill Congress passed late last year, the FDA says companies still can’t add CBD to food or sell it off as a nutritional supplement.
The regulatory uncertainty has left some large companies on the sidelines for the time being. Selling CBD-infused beauty and skin-care products brings much less risk, which makes it an obvious initial step for retailers.
What exactly is CBD? CBD is definitely the acronym for “Cannabidiol” which is a chemical found within the Cannabis sativa plant.
Where does CBD originate from? CBD is primarily based on hemp, a variety of the cannabis plant that has little if any THC (lower than .3%).
Is hemp just like marijuana? No. Hemp and marijuana are generally plants inside the cannabis species, however they are different varieties. Hemp contains virtually no THC, the substance in marijuana which produces a “high.”
Is CBD safe to use? CBD is believed to be safe. However, patients should first check making use of their doctor or pharmacist and get if CBD goods are right on their behalf.
Does Walgreens sell CBD products? Walgreens offers certain products containing CBD in nearly 1,500 Walgreens stores in select states (Alabama, Arkansas, Colorado, Illinois, Indiana, Kansas, Kentucky, Maryland, Michigan, Missouri, Nevada, New Mexico, Oregon, South Carolina, Tennessee, Vermont, Wisconsin, and Washington). The CBD-related items we feature are creams, patches and sprays. This system offering is within line with our efforts to provide a wider range of accessible health insurance and well-being goods and services to best meet the requirements and preferences of our customers.
The retail chain announced Thursday it is going to begin offering certain products containing CBD, cannabidiol, in nearly 1,500 Walgreens stores in Oregon, Colorado, New Mexico, Kentucky, Tennessee, Vermont, South Carolina, Illinois and Indiana.
The CBD-related items offered in Walgreens stores will be creams, patches and sprays. The merchandise will be “non-THC containing,” in accordance with the company.
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