Rite Aid said the idea will start selling CBD creams, lotions in addition to lip balms in Washington in addition to Oregon This kind of month, following various other drugstore chains in testing public demand for cannabis-based consumer products, the company announced Thursday.
“Rite Aid has heard via many customers about their interest in purchasing CBD products,” the company said in a statement.
CBD products will be sold in more than 0 Rite Aid stores across the two states. Walgreens in addition to CVS also recently introduced similar products in some of their stores. All three drugstore chains will sell topical products.
The non-intoxicating cannabis compound is actually quickly becoming one of the hottest ingredients in consumer products. the idea promises to help everything via anxiety to pain even though there is actually scant evidence backing up these claims.
Retailers are carefully evaluating the market, as federal health officials craft brand-new regulations overseeing the CBD industry. Lawmakers legalized CBD derived via hemp late last year, though the FDA says companies still can’t add the idea to food or sell the idea as a dietary supplement. Creams, lotions in addition to various other products applied to the skin are likely a safer first step for retailers.
Rite Aid also said the idea’s going to stop selling e-cigarettes amid a crackdown on what has been deemed a teen vaping “epidemic,” Chief Operating Officer Bryan Everett told analysts on a call discussing the company’s fourth-quarter earnings results Thursday. However, Rite Aid will continue to sell cigarettes.
“While many feel [e-cigarettes] are beneficial to those of legal age who are trying to quit the use of tobacco, we have made the decision to remove all electronic cigarettes in addition to vaping products via our offering at all Rite Aid stores,” Everett said.
Walgreens has come under fire lately for continuing to sell cigarettes. The FDA called out Walgreens for allegedly selling tobacco products to minors. CVS stopped selling cigarettes nearly several years ago.
Both Walgreens in addition to Rite Aid said they’ve downplayed cigarette sales in their stores in addition to have emphasized cessation products such as nicotine patches in addition to gums. Yet critics still say health-focused drugstores shouldn’t sell products of which are the leading cause of preventable death.