Walgreens Joining CVS Entry In CBD Market

By John Heerdink LinkedIn

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.

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

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Walgreens to sell CBD products in 1,500 stores

Walgreens will sell CBD creams, patches and sprays in nearly 1,500 stores in select states, the company told CNBC on Wednesday…

www.cnbc.com

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