Rite Aid to sell CBD in stores
Drug retailer Rite Aid is going to start selling CBD creams, lotions and lip balms in both Washington state and Oregon this month, according to a CNBC report.
CBD products will be sold in more than 200 Rite Aid stores across the two states. Walgreens and CVS also recently introduced similar products in some of their stores. According to CNBC, all three drugstore chains will sell topical products.
Rite Aid also said it’s going to stop selling e-cigarettes amid a crackdown on what has been deemed a teen vaping “epidemic,” Chief Operating Officer Bryan Everett told analysts on a call discussing the company’s fourth-quarter earnings results, according to CNBC.
However, Rite Aid will continue to sell cigarettes.
“While many feel [e-cigarettes] are beneficial to those of legal age who are trying to quit the use of tobacco, we have made the decision to remove all electronic cigarettes and vaping products from our offering at all Rite Aid stores,” Everett said.