The Kroger Co. to sell topical CBD-infused products in 17 states
Category: #retail  By Pankaj Singh  Date: 2019-06-11
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The Kroger Co. to sell topical CBD-infused products in 17 states

The Ohio-based retail giant The Kroger Co. has reportedly announced the introduction of topical CBD infused products like oils, lotions, balms in 17 states, including Michigan. Sources claim that the products have been tested thoroughly for their quality and safety and are completely THC-free.

Reportedly, retailers are taking advantage of the expanding cannabidiol market since the federal government legalized industrial hemp in December. Products are being derived from the hemp plant Cannabis sativa L, which is known to possess many medicinal properties. 

As per trusted sources, out of 120 stores in Michigan, 92 stores will offer these CBD infused products that will have a variable price range from $3.99 to $59.99. However, the brand names have not been confirmed yet.

The changing regulations with respect to the legal use of Cannabidiol has raised enough speculations. Alex Leonowicz, Head of the Cannabis Industry Group at Howard & Howard law firm, was reportedly quoted stating that there’s excessive amount of issues and restrictions one can run into while dealing with CBD.  

According to the U.S. Food and Drug Administration, although the production of industrial hemp is made legal for production and governed by the U.S Agricultural Department, the FDA does not term it to be a safe product for consumption.

The Food Marketing Institute speaker Peter Martz said that the regulation of CBD is a situation of mass confusion. Suppliers bounded by restrictions have urged the FDA to work on the policies in order to let the market grow freely.

While Kroger is working towards procuring the products from reliable suppliers, other U.S retail giants like Walmart and Target Corp are also exploring the potential of CBD infused products.

Although Kroger Co. will begin introducing the products as early as this week, the exact date is yet to be confirmed.  

 

Source: https://www.detroitnews.com/story/business/2019/06/10/kroger-cbd-retailers-michigan/1286184001/



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Pankaj Singh

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Pankaj Singh

Pankaj Singh Develops content for Market Size Forecasters, Algosonline, and a couple of other platforms. A Post Graduate in Management by qualification, he worked as an underwriter in the UK insurance domain before deciding to switch his field of profession. With exp...

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