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CVS now sells CBD-infused products in more than 800 stores



With marijuana, which has been legalized or decriminalized in some US states, CVS (one of the country's top drug chains) now sells products infused with the non-toxic hemp component cannabidiol (CBD for short) for more than 800 stores. This is part of a distribution agreement with the marijuana company Curaleaf Holdings, which announced the agreement on Wednesday.

The CVS / Curaleaf agreement already influences Curaleaf's profitability. The Chicago Tribune reports that Curaleaf's value in Thursday "jumped up to 17%" in Toronto, Canada – giving the company "a market value of more than $ 2.6 billion."

According to Tribune, CVS is now selling CBD-infused products in eight different states in the United States, including creams, sprays and lotions.

Curaleaf operates more than 40 marijuana dispensers across 1

2 different states in the United States. But CBD is not intoxicating and has become a fashionable wellness ingredient Many people who do not smoke marijuana use CBD-infused products.

Nevertheless, the US Food and Drug Administration has not yet approved the use of CBD in foods or beverages.


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