Walgreens will sell CBD creams, patches and sprays in nearly 1,500 stores in select states, the company announced in April. Could Boots UK follow suit? 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 in line with our efforts to provide a wider range of accessible health and wellbeing products and services to best meet the needs and preferences of our customers,” Walgreens spokesman Brian Faith said in an email to CNBC.
Stocks go up as CBD jumps to CVS then Walgreens
This comes in the wake of rival drugstore chain CVS introducing CBD-containing topicals, including creams and salves, to stores in eight states the week before. Nothing like a bit of healthy competition.
The regulatory uncertainty in CBD has left some large companies on the sidelines for now. Selling CBD-infused beauty and skin-care products bring far less risk, making it an obvious first step for retailers. The Extract has reached out to Boots, UK but has received no reply to date. It seems there is a ferocious appetite for ‘wellness’ products and we’ll be right with you as it happens.
