March 22, 2019

Simsbury pot grower’s parent to stock CVS with hemp-infused products

PHOTO | Curaleaf
PHOTO | Curaleaf
Curaleaf products.

CVS Health stores will soon sell a suite of hemp-infused products made by Curaleaf Holdings, which owns a Simsbury marijuana cultivation facility.

Executives of Massachusetts-based Curaleaf disclosed on an earnings call Wednesday that 800 CVS stores in 10 states will soon be selling the line of cannabidiol or "CBD" products, which unlike marijuana, are not intoxicating.

However, it appears Connecticut CVS stores may not be among those selling the Curaleaf hemp lotions, patches, tinctures and other products, at least initially.

Curaleaf named Alabama, California, Colorado, Illinois, Indiana, Kentucky, Maryland and Tennessee, specifically.

It's also unclear what role, if any, Curaleaf's cultivation facility, which is undergoing a 50,000-square-foot expansion, might play in producing the hemp product line.

The company, which says it uses contract manufacturers as well as its own facilities, did not respond to a request for comment.

The Simsbury facility is one of 12 cultivation facilities operated by Curaleaf, which also has more than 40 marijuana dispensaries.

Curaleaf said it has access to plenty of hemp for its products, noting a flurry of cultivation activity in Kentucky, and said it doesn't intend to grow its own.

Connecticut farmers want to grow hemp, and two bills seeking to allow commercial hemp growing made it out of committee last week.

Comments
Free E-Newsletters

Sign up now for our daily and weekly
e-newsletters! Click Here

 
Today's Poll Would renaming Bradley Airport make the airfield more marketable?<>
ADVERTISEMENTS
Most Popular on Facebook
Copyright 2017 New England Business Media