22nd Century Group Inc (XXII): I like the announcement from Rite Aid to...

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22nd Century Group Inc (XXII)

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Thursday, 04/11/2019 1:36:23 PM

Thursday, April 11, 2019 1:36:23 PM

I like the announcement from Rite Aid today. How long before others follow their lead?

Rite Aid (NYSE:RAD) says it will start selling CBD products in more than 200 stores in Oregon and Washington later this month.

The drugstore chain plans to offer CBD creams, lotions and lip balm at the locations.

During today's earnings call, Rite Aid COO Bryan Everett said the company would stop selling e-cigarettes amid the crackdown on teenage usage, but continue to sell cigarettes.

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