Joining CVS Health Corp. and Walgreens, Rite Aid announced on April 11 that it will also begin selling CBD-infused creams, lotions and topicals after hearing endless requests for CBD items. Over 200 Rite Aid locations in Washington and Oregon will begin selling the products this month.
One of the top questions major drugstore chains get asked is about CBD products. “We’ve heard from many customers about their interest in purchasing CBD products,” Chief Operating Officer Bryan Everett said during a meeting conference call. “At this point in time, we’re only offering the topical solutions of creams, lip balms, lotions and we won’t be carrying any of the injectables at any of stores as part of the pilot.”
The CBD trend, especially in drugstores, has no signs of slowing down in 2019. A few weeks ago, Walgreens announced it will sell CBD items in multiple states, and CVS Health Corp. announced it will sell CBD items as well.
The reclassification of hemp-derived CBD from the Drug Enforcement Administration and the 2018 Farm Bill kicked things off to a good start. That makes CBD no longer a controlled substance if it’s derived from hemp. Meanwhile, the U.S. Food and Drug Administration (FDA) still stands in the way, stating that companies can’t sell CBD as a food or dietary supplement. But the FDA said nothing about topicals, which opens the door for certain kinds of products.
The FDA also warned Walgreens about allegedly selling tobacco products to minors, which led both Walgreens and Rite Aid to make major changes about the way they sell tobacco and vape products.
A growing body of evidences suggests that CBD can be beneficial topically as an anti-inflammatory and antioxidant. Rite Aid and other drugstore chains are set to begin taking advantage of the lucrative potential that CBD-infused items can offer.