Hemp and CBD products are on the rise.
Hemp and CBD sales are currently sky rocketing. It is one of the most growing industries in the past millennia. Ever since its legalization in 2018, the product has reached heights that industrialists could not have predicted! Not only that, but this industry is expected to boom even more in the coming years. By 2022, the hemp industry is expected to double its revenue.
This is why it is a great time for pharmacies to cash in on this exponentially growing trade. Given hemp’s astounding medicinal properties, a great idea for pharmacies is to start looking for CBD wholesale opportunities or even private label products under your own brand.
Pharmacies can stock up on the popular hemp and CBD products that people are making use of in their day-to-day lives. This ranges from hemp supplements, CBD, and Hemp oils and topical products. Hemp and CBD products aim to help psychological disorder, stress, pain, inflammation, and many other kinds of day to day ailments people deal with!
With that said, if you are a pharmacy and looking for the best opportunities for your store. Please fill out the form below so we can get you the best info.
If you are a vendor that offers a wholesale program. Please contact us so we can get you listed on this page.
Are there any legal issues with Pharmacies selling CBD?
Although before cashing in on this opportunity, a common question a pharmacy might have is whether or not there will be any legal issues with the retail of hemp and CBD products?
The Hemp bill passed in 2018 clearly states that all hemp and CBD products are permitted as long as they have 0.3% or trace elements of THC.
THC is Tetrahydro cannabinol, the psychoactive element of the Cannabis plant. It is what gives users a ‘buzz’ like feeling. Most hemp wholesalers, supply products that are within the limit and completely fulfill their legal obligations.
You can also make sure that you get proper certification and lab-tested wholesale hemp products that are within the legal requirement and ready for retail in pharmacies and dispensaries.
The Difference between Hemp and Marijuana
The first and a crucial thing to know before getting into this line of business- is to know that there is a significant difference between hemp and marijuana. Marijuana is usually used for leisure and as a relaxant. It is also an illegal substance in the United States.
However, medical hemp and CBD products under the right conditions are perfectly legal for production and retail. This is also why hemp wholesale for pharmacies is legal and a great idea to cash in on the booming industry.
Hemp Wholesale for pharmacies
Many hemp products help people function in their day to day lives. Here are some very useful hemp products that are growing popular for health and medicinal benefits.
- Hemp oil:
Hemp oil comes from the seeds of the hemp plant (hence is also called hemp seed oil). It has proven medicinal benefits for the skin. It can treat skin dryness, psoriasis, eczema, and different kinds of rashes, outbreaks, and acne.
The oil is heavily used in skincare and cosmetics. Medical grade hemp oil can be applied topically, which helps users with different skin ailments.
- Hemp supplements:
Hemp supplements are a great way of getting your daily protein intake. It is a vegan and vegetarian option for those who want to shift from a meat diet. It offers users different kinds of minerals and omega fatty acids that are great for heart health, and it is a rich source of protein.
CBD wholesale for pharmacies
There are many popular CBD wholesale products for pharmacies. Here are some of the products pharmacies can introduce.
- CBD Oils and Tinctures:
One of the most popular ones is CBD products is CBD oil. The oil comes to the leaves and the stalk of the cannabis plant. It has many medicinal properties that make it a successful product among many users.
CBD oil is now being used to alleviate symptoms of pain, inflammation, and stress. It is also an additive in food. Edible CBD oils are mixed in with tea and coffee to have that daily dose of cannabidiol.
It can help with mood disorders like depression, anxiety, triggers, spasms, and other psychological disorders. There are many types of CBD oils available. There are ones that are applied topically and others that are okay to ingest. Both varieties have different uses and benefits.
- CBD Edibles:
Another widespread use of CBD is how it is being used in many edible forms! There are many CBD gummies and jellies that people can consume on their day-to-day basis to get that dose of cannabidiol.
These edibles are aimed to provide small doses of CBD to the user and help their organ systems function properly. It has helped many people with digestive issues, long term pain management, and inflammation.
Many people are trying to look for newer ways to utilize CBD in their day-to-day lives. While oils and tinctures are one of the most popular ways to ingest CBD- there are many other edible options like CBD candy is well. They mostly help with the alertness of the mind.
- CBD Capsules:
Another popular product and something pharmacies can expand into are CBD capsules or tablets. CBD capsules they have small doses like 10 Mg to 15 Mg of CBD in them, and you can directly ingest them without having to mix it with food or prepare it in any way.
It is a great way of getting your daily dose of CBD and it is also growing popular amongst people who are trying to alleviate many kinds of skin ailments, pain and inflammation, diseases like arthritis, and other kinds of joint problems.
All of these options are currently booming in demand due to their unmatched benefits. This is primarily the reason why they make a great fit as products in a pharmacy and can be easily available from suppliers providing wholesale CBD products.
- CBD Oils for Pets:
The medicinal properties for CBD are not just exclusive to humans, but your four-legged friends as well. CBD is popularly growing in the pet world. It has many benefits for cats and dogs alike. In fact, there is more research and development regarding CBD drugs on other kinds of animals, as well.
CBD oil for pets helps alleviate the symptoms that come along as a pet ages. For dogs this can mean bone problems like arthritis, hip dysplasia, skin ailments, rashes, and more. It has proven benefits against cancer in cats and dogs both.
This makes it an even popular item amongst pet owners and a great idea for CBD wholesale. However, many pet CBD products do not have FDA approval, which might make it a difficult market to enter for pharmacies.
Pharmacies Need To Be Caucious About Making Health Claims
In this era of marketing, it is very easy to mislabel and mis market products. Labels are made in ways that can mislead you to an incorrect conclusion. This is even more of a risky territory for pharmacy since they cannot claim that the product does something when it is not meant for that purpose!
Many CBD and hemp oil companies might convince you that these tinctures and oils can treat thousands of ailments- however, they cannot make the claim that these products are a definitive treatment or a cure for a certain disease.
It is important to make sure that you take care of these claims and do not use the words’ treatment’ or ‘cure’ when marketing for these products. However, they can be used as a supplementary or additional method of dealing with the problem or alleviating its symptoms.
Claims can potentially lead to lawsuits and losses if not properly met. Moreover, it is also unethical to provide the customer with the wrong information and mislabeling products for the sake of sales.
Another common misconception found in the CBD and hemp product industry is how hemp oil is the same as CBD oil. Products are labeled in a way that convinces a customer to buy Hemp oil instead of CBD oil. Even though these oils are meant for entirely different purposes and are formulated in an entirely different way.
Pharmacy CBD Licensing and Legalities
From seed to shelf, all points of the supply chain must be licensed and certified to produce or retail hemp and CBD products. Moreover, state laws are different than federal laws. Make sure you are well informed regarding the hemp bills and laws passed in your state.
Hemp and CBD products should be retailed with a licensed professional or dispensary. Otherwise there can be legal consequences. In addition, all products sold must fit the legal criteria as well- to pass as suitable for consumption.
CBD and Hemp Wholesalers
There are many wholesale suppliers for CBD in hemp products. Companies and manufacturers might provide you with finished and labeled goods, or they might provide you unfinished products as well.
It is up to you and your business plan on how you choose to operate with CBD and hemp wholesale products. In addition to this, many hemp suppliers will give you finished products like CBD edibles, tinctures, and oils or even purer forms of CBD- as CBD isolate.
There are many other kinds of CBD products if you’re a pharmacy that is looking to expand into a specific kind of product!
Picking out a trustworthy supplier
It is very important to pick out hemp and CBD wholesale supplier that is trustworthy and provides good quality products that not only you can trust, but so can your potential customers. It is important to look for wholesale manufacturers that fulfill all legal obligations and quality standards.
All CBD products must contain only trace elements of THC (0.3% and below) to qualify for retail and production.
Certified Organic Products:
In addition to that, it is better to choose a supplier that is making use of 100% organic ingredients and raw materials. The cannabis plant is one of the only plants that can grow without the use of pesticides, insecticides, and other kinds of added chemicals.
It even restores the nitrous content of the soil. This is mainly the reason why it is organic and supports green and sustainable farming practices.
Many companies are USDA organic certified, which is why it is better to go with the company that produces its products with strict standards for Hemp wholesale and retail.
Some companies might be producing cheaper wholesale CBD products; however, they might be compromising on quality.
Make sure that their products contain no:
- heavy metals
These additives can tamper with the formula and its ability to work correctly. Not only that, but it can irritate consumers or produce allergic reactions towards the product.
The CBD content should exist in its purest form! It is better to get a supplier that has a proper batch and lab testing procedure before producing and manufacturing their products. It is never good to take a risk in terms of ingredients and quality.
It is better to also go for a supplier that has a GMP certificate- which is a certificate that approves its ethical manufacturing practices. There should be a proper certification behind the production and testing of the product.
Moreover, there other kinds of certification that can also add value to the product. An FDA approval or a USDA organic certificate that proves the purity of the product even further.
Research and Development:
It can also benefit you to go for a company that invests in research and development behind the product. Properly formulated oils, tinctures, and tablets can help make it accessible to many age groups.
Moreover, the company can provide useful information like dosage charts, side effects, precautions, and a proper method to ingest or apply the product. As CBD is still a relatively new product people use, this information can be helpful.
Best CBD Wholesale Options for Pharmacies
If you are a pharmacy looking for CBD products to resell, this list will get you started.
Service Type: CBD Wholesale