CVS will sell hemp-derived CBD products in eight states starting Wednesday.

CVS will sell hemp-derived CBD products in eight states starting Wednesday.

CVS has 9,800 shops countrywide and will roll out CBD products in 800 outlets in 8 states. The healthcare chain says effectiveness claims would vary by product, but it won't pitch any as a 'cure-all'

They'll be sold in Alabama, California, Colorado, Illinois, Indiana, Kentucky, Maryland, and Tennessee.

"We'll move carefully, but we think our clients will want this," CVS Health CEO Larry Merlo told CNBC's Jim Cramer.

The company said it won't offer CBD-based supplements or additives. Under the Food, Drug, and Cosmetic Act, it's prohibited to add drug components like CBD to food or sell them as supplements.

Unapproved drugs with dubious therapeutic claims are illegal and can put patients at danger, FDA Commissioner Scott Gottlieb stated in December.

DeAngelis said CVS has worked with Eurofins, a third-party lab, to test all CBD topicals for THC, CBD concentration, and other impurities.

CVS has 9,800 shops countrywide and will roll out CBD products in 800 outlets in 8 states. The healthcare chain says effectiveness claims would vary by product, but it won't pitch any as a 'cure-all'