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 might carry.
“This product offering is at line with our efforts to provide a wider range of accessible health insurance and wellbeing products and services to best meet the requirements and preferences of 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.
Consumers are increasingly curious about CBD, which promises to help anything from anxiety to pain even though there is certainly scant evidence backing up these claims. Even though CBD derived from hemp has become legal because of the farm bill Congress passed late last year, the FDA says companies still can’t add CBD to food or market it as a nutritional supplement.
The regulatory uncertainty has left some large companies on the sidelines for now. Selling CBD-infused beauty and skin-care products brings far less risk, rendering it an evident initial step for retailers.
Precisely what is CBD? CBD will be the acronym for “Cannabidiol” which is actually a chemical found inside the Cannabis sativa plant.
Where does CBD come from? CBD is primarily derived from hemp, a variety of the cannabis plant which includes little or no THC (lower than .3%).
Is hemp just like marijuana? No. Hemp and marijuana are both plants inside 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 using their physician or pharmacist and inquire if CBD products 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 creams, patches and sprays. The product offering is in line with the efforts to provide a wider range of accessible health and well-being services and products to best meet the needs and preferences in 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 topical creams, patches and sprays. The products will be “non-THC containing,” in accordance with the company.
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