With Strong Demand, More Top Retailers are Just Beginning to Sell CBD Products

HOUSTON, TX / ACCESSWIRE / April 23, 2019 / Consumers are clamoring for CBD.

Neiman Marcus is pushing ahead with CBD sales at some of its stores and online. Simon Property Group is partnering with Green Growth Brands to open 108 stores in its malls just in 2019. Barney's will launch "The High End."

CVS will carry a line of CBD products in eight states, including California, Illinois, Colorado, and Alabama. Walgreen's will sell CBD products, including creams, patches, and sprays. Rite Aid is jumping on the CBD bandwagon, too.

Now, even the Vitamin Shoppe just announced it's selling CBD soft gels, and will soon begin selling CBD drops. According to CNBC, Vitamin Shoppe hopes that selling CBD products will help further distinguish itself as it fends off competition from Amazon and other online retailers who make it easy for consumers to order vitamins and protein powders online.

"This product offering is in line with our efforts to provide a wider range of accessible health and wellbeing products and services to best meet the needs and preferences of our customers," Walgreens spokesman Brian Faith told CNBC.

As the demand explodes, some of the top beneficiaries include Lifestyle Delivery Systems Inc. (CSE:LDS)(OTC:LDSYF), CV Sciences Inc. (OTCQB:CVSI), and Curaleaf Holdings Inc. (CN:CURA)(OTC:CURLF).

Lifestyle Delivery Systems Inc.'s (LDS)(LDSYF) subsidiary, CSPA Group Inc. participated in the Kushstock 4/20 event and submitted CannaStrips in the editable category of the Kushstock "Best Editable" competition, and won first place honors.

"Cannastrips is an extremely unique product. I have watched the edible category grow over the past few years, and our strip checks all of the boxes that makes a great edible. It tastes great, it works and it is not only reasonably priced but priced better than any other edible/sublingual on the market," said Casey Fenwick, President of LDS.

For More Information on Lifestyle Delivery Systems Inc., Click Here.

CV Sciences Inc. (CVSI) retails CBD products in retail stores. One of its products, PlusCBD Oil is now available in 3,308 stores, up 48% from 2,338 stores at the end of December 2018.

According to the company, the product is expanding into the food, drug and mass channels. "The passage of the 2018 Farm Bill has accelerated our business development activities and expanded our distribution to new food, drug, mass merchandise retailers," said Joseph Dowling, Chief Executive Officer. "We are at an important stage in the development of the hemp-based CBD market, and the company is well-positioned to capitalize on both growing consumer demand and the benefit of enhanced regulation that supports and ensures the safest and highest quality hemp-based CBD products for consumers."

For More Information on CV Sciences Inc., Click Here.

Curaleaf Holdings Inc. (CURA)(CURLF)just announced that CVS will carry its line of CBD products. "We've been having dialogue with national retailers for many months now," Curaleaf CEO Joseph Lusardi said, as quoted by Bloomberg. "All large retailers are figuring out their hemp strategy and will address that in 2019 because there is such a huge product demand."

For More Information on Curaleaf Holdings Inc.,Click Here.

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