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Walgreens will sell CBD creams, patches and sprays in nearly 1,500 stores in select states, the company told CNBC on Wednesday. The drug store 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 products and services to best meet the requirements and preferences in our 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. Since the non-psychoactive cannabis compound becomes one of many hottest ingredients in consumer products, retailers are carefully evaluating the market.
Consumers are increasingly curious about CBD, which offers to help anything from anxiety to pain even though there exists scant evidence backing up these claims. And even though CBD derived from hemp is currently legal because of the farm bill Congress passed late last year, the FDA says companies still can’t add CBD to food or sell it off being a nutritional supplement.
The regulatory uncertainty has left some large companies on the sidelines for now. Selling CBD-infused beauty and skin-maintenance systems brings much less risk, rendering it an obvious first step for retailers.
What exactly is CBD? CBD is definitely the acronym for “Cannabidiol” that is a chemical found within the Cannabis sativa plant.
Where does CBD originate from? CBD is primarily produced from hemp, a number of the cannabis plant that has little or no THC (lower than .3%).
Is hemp just like marijuana? No. Hemp and marijuana are both plants in the cannabis species, but they are different varieties. Hemp contains little or no THC, the substance in marijuana which produces a “high.”
Is CBD safe for use? CBD is thought to be safe. However, patients should first check with 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 supply are creams, patches and sprays. This system offering is within line with the efforts to supply a wider range of accessible health insurance and well-being products and services to best meet the needs 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 likely be topical creams, patches and sprays. The products will be “non-THC containing,” based on the company.
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