The Walgreens pharmacy chain will sell CBD-infused creams, sprays and transdermal patches in 1,500 stores across nine states, but the company declined to identify the brands it plans to carry, CNBC reported. The move comes hot on the heels of an announcement last week that rival pharmacy chain CVS had kicked off sales in eight […]
Read MoreHemp Industry News for Hemp & CBD Retailers
Curaleaf signs distribution deal with CVS to sell hemp products in 800 US stores
Massachusetts-based Curaleaf has inked a deal with the CVS pharmacy chain to begin selling hemp products at 800 stores in 10 states.
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Sales of hemp products in Kentucky surged in 2018
Kentucky’s resurgent hemp sector flexed more economic clout in 2018, with processors reporting sharply higher sales and farmers reaping more than twice as much income from their crop. The state’s hemp processors reported $57.75 million in gross product sales last year, compared with $16.7 million in 2017, Kentucky Agriculture Commissioner Ryan Quarles said Monday. Processors […]
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Standardized labeling may be key to CBD legality
The CBD industry is in desperate need of an idiot-proof way to distinguish legal CBD from illegal varieties derived from marijuana.
Could the solution be found in Utah?
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Specialty retailer Barneys New York to sell CBD products in California store
Upscale specialty retailer Barneys New York announced plans to sell CBD-infused products and cannabis accessories in a new “luxury” head shop called The High End, the latest mainstream company to capitalize on the hemp and marijuana industries. The shop will open in March inside the Barneys flagship store in the tony Southern California town of […]
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Maine orders CBD edibles removed from retail stores
Authorities in Maine have shocked retailers and hemp farmers by ordering CBD edibles be removed from stores amid concerns that cannabidiol still is not a federally approved food additive. Last week, health inspectors began ordering stores to remove “all foods, tinctures and capsules” containing the extract, the Portland Press Herald reported. Other nonedible CBD products, […]
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Farm Bill thaws – but doesn’t clear – hemp’s advertising landscape
Under the historic 2018 Farm Bill, hemp companies should be able to advertise like other agricultural producers and manufacturers. But many businesses say they still face hurdles, especially with digital marketing. A good example is Evo Hemp, a Boulder, Colorado-based hemp food company. “The Farm Bill is opening the doors to have the conversation with […]
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Chart: Fast-rising CBD still trying to make inroads with mainstream retailers
CBD’s meteoric rise in popularity has hemp growers finding all kinds of market opportunities that don’t exist for THC products, including yoga studios, pet boutiques, gyms and coffee shops – all foreign territory for marijuana-derived products. One Kentucky hemp producer even has CBD products being sold in tractor supply stores; a North Carolina CBD company has […]
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FDA Crystal Ball: 5 expert tips on CBD in the newly legal hemp industry
Nationwide legalization brought elation to the hemp industry, but it also brought anxiety as CBD manufacturers and retailers await guidance from federal health regulators on how the extract can be incorporated into foods, drugs and cosmetics. CBD is – by far – the largest component of the U.S. hemp industry, so the concern is widespread. […]
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While on-site marijuana consumption stalls, CBD tasting and sampling take off
Cannabis entrepreneurs long frustrated by barriers to social consumption of their products are finding that CBD is a faster way to getting their products in front of consumers. Where marijuana entrepreneurs have been plagued by delays or outright hostility from public officials when it comes to public use, CBD manufacturers and retailers are finding new […]
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No extraction required: Smokable hemp trend gives farmers new use for flower
One of the fastest-growing hemp sectors bears a striking resemblance to the marijuana industry: dried and smokable hemp flowers. The growth of hemp pre-rolls and loose flower has roots in Europe, where cannabis enthusiasts have long embraced smoking low-THC cannabis, but its rise in the U.S. is catching longtime hemp industry watchers by surprise. Bethany […]
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Walmart Canada ‘fact-finding’ on potential for CBD product sales
The world’s largest retailer, Walmart, is considering selling CBD products in Canada, a development that comes just days before recreational marijuana markets open in the country. But Walmart says it isn’t ready to start selling cannabidiol just yet. “As we would for any new industry, Walmart Canada has done some preliminary fact-finding on this issue,” […]
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