Walgreens will sell CBD ointments, spots and aerosols in nearly 1,500 shops A company executive told financial news network CNBC on in select states Wednesday.

The drugstore string will actually sell the cannabis-based services and products in Colorado, Oregon, New Mexico, Kentucky, Tennessee, Vermont, South Carolina, Illinois and Indiana. Walgreens declined to specify which brands it could carry.

“This product providing is with in line with your efforts to give you a wider array of accessible health and wellness services and products to most readily useful meet the requirements and choices of y our clients,” Walgreens spokesman Brian Faith stated in a contact to CNBC.

Competing drugstore chain CVS recently announced it will offer CBD-containing topicals, including ointments and salves, to get in eight states.

The U.S. retail marketplace for CBD is projected to swell from a believed $2 billion a year ago to $16 billion by 2025, relating to a written report by equity analysts at Cowen.

a key aspect in that forecast may be the growing selection of CBD items that businesses are bringing to promote, such as for example products, capsules, gummies, topical creams and tinctures, which are liquid extracts.

Pueblo County is house to hemp grower and CBD products maker Veritas Farms. Another business, Colorado Springs-based Folium Biosciences, recently announced intends to start a CBD removal and center that is processing the former Andrews Foodservice warehouse in Pueblo West.

Proponents say CBD can alleviate discomfort and anxiety, as well as other health cbd advantages. Other industry watchers state more scientific studies are required.

Cowen analyst Vivien Azer estimates that CBD usage could develop to 10 % of U.S. grownups, or just around 25 million customers, by 2025.