Walgreens Joining CVS Entry In CBD Market
Walgreen Boots Alliance (WBA), a recent addition to the Dow 30, is a pharmacy-led, health and wellbeing enterprise with a long history of trusted healthcare services, community pharmacy care, and pharmaceutical wholesaling dates.
Walgreen announced this week that it is launching CBD products in the market which would comprise of creams, patches, and sprays which will allow for a greater offering of health and wellbeing products. The American pharmacy chain will launch the products in Oregon, Colorado, New Mexico, Kentucky, Tennessee, Vermont, South Carolina, Illinois, and Indiana and in approximately 1500 stores. CVS, a rival drugstore chain, had launched CBD products earlier this March in eight states.
Increasing consumer curiosity, legalization and the associated development of CBD derived from hemp by farm bill Congress has turned CBD products an area that could provide explosive growth retailers. The times are changing and companies are seeking to profit from the associated changes in interests.
To learn more about Walgreen Boots Alliance (WBA) and to continue to track its progress please visit the Vista Partners Walgreens Boots Alliance Page.
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