HEALTH ALERT: CBD coming to Walgreens

Walmart E Store Now Sells CBD Products

CNBC reported Wednesday that the nation's number-two pharmacy chain will sell creams, patches, and sprays containing the non-psychoactive ingredient in cannabis in almost 15-hundred stores.

The Food and Drug Administration (FDA) says that companies are still banned from putting CBD in food or dietary supplements.

Walgreens made the announcement despite some uncertainty over whether the feds plan to crack down on consumer products that contain CBD. "Cannabis is good medicine, and it's time for the legislature to pass medical cannabis", Kyle said in a statement.

CBD's expansion in the retail space continues as a new drugstore chain has confirmed it will start offering CBD products in select states.

"Marijuana has been used to relieve pain, digestive and psychological disorders for more than 3,000 years-but the efficacy, safety and legality of the drug are still widely debated", Walgreens said on a corporate blog post about medical cannabis.

CVS Health is already selling CBD products in some states, USA Today reports.

"We have partnered with CBD product manufacturers that are complying with applicable laws and that meet CVS's high standards for quality", a spokesman said in an email to MarketWatch.

In December, Congress enacted legislation removing industrial hemp (defined as cannabis containing less than 0.3 percent THC) and products containing cannabinoids derived from hemp from the federal Controlled Substances Act.

The market for CBD products with almost non-detectable levels of THC has exploded in recent years and is expected to exceed $22 billion by 2022. In 2018, many expected that gray area to finally clear up, with the new farm bill. Manufacturers are trying their best to infuse their products with CBD, as it has gained popularity among the masses and are also popular in Hollywood culture.

CBD has become more available in Chicago and across the country, with some users saying that it helps them relax.

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