Walgreens to market CBD services and products

Walgreens to market CBD services and products

Walgreens will actually sell CBD ointments, spots and sprays in nearly 1,500 shops A company executive told financial news network CNBC on in select states Wednesday.

The drugstore string will actually sell the products that are cannabis-based Colorado, Oregon, New Mexico, Kentucky, Tennessee, Vermont, Sc, Illinois and Indiana. Walgreens declined to specify www.cbdoilreviewer.net/ which brands it might carry.

“This product providing is in line with your efforts to present a wider array of accessible health and wellbeing products and services to meet that is best the requirements and choices of our customers,” Walgreens spokesman Brian Faith said in a message to CNBC.

Rival drugstore chain CVS recently announced it will offer CBD-containing topicals, including creams and salves, in shops in eight states.

The U.S. market that is retail CBD is projected to swell from a projected $2 billion a year ago to $16 billion by 2025, according to a report by equity analysts at Cowen.

a vital aspect in that forecast could be the growing variety of CBD items that businesses are bringing to advertise, such as for example beverages, capsules, gummies, topical lotions and tinctures, that are liquid extracts. Continue reading “Walgreens to market CBD services and products”