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 provide a wider range of accessible health and wellbeing products and services to best meet the needs and preferences of our own customers,” Walgreens spokesman Brian Faith said in an email to CNBC.
Rival drugstore chain CVS introduced CBD-containing topicals, including creams and salves, to stores in eight states earlier in March. Because the non-psychoactive cannabis compound becomes among the hottest ingredients in consumer products, retailers are carefully evaluating the market.
Consumers are increasingly interested in CBD, which offers to help everything from anxiety to pain even though there exists scant evidence backing up these claims. And even though CBD produced from hemp is currently legal due 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 health supplement.
The regulatory uncertainty has left some large companies on the sidelines right now. Selling CBD-infused beauty and skin-maintenance systems brings less risk, which makes it an apparent first step for retailers.
Precisely what is CBD? CBD is definitely the acronym for “Cannabidiol” which is actually a chemical found within the Cannabis sativa plant.
Where does CBD result from? CBD is primarily produced from hemp, many different the cannabis plant which includes virtually no THC (less than .3%).
Is hemp exactly like marijuana? No. Hemp and marijuana are both plants inside the cannabis species, however are different varieties. Hemp contains virtually no THC, the substance in marijuana that produces a “high.”
Is CBD safe for use? CBD is thought to be safe. However, patients should first check making use of their doctor or pharmacist and ask 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 carry are topical creams, patches and sprays. The product offering is at line with our efforts to supply a wider range of accessible health and well-being products and services to best meet the requirements and preferences of our customers.
The retail chain announced Thursday it can 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 products will be “non-THC containing,” in accordance with the company.
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