Walmart, Target quietly exploring CBD product lines

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Big-box retailers aren’t selling CBD yet, but they’re busy getting ready for the day when they can.

The Post has learned that top executives at major chains such as Walmart and Target have been quietly meeting with makers of drinks, gummy bears, topical creams and oils that are infused with cannabidiol, or CBD.

CBD is an ingredient in marijuana plants that doesn’t get you high, but is said to relieve pain as well as stress symptoms including anxiety and insomnia.

The chains, which also include big supermarkets such as Kroger and Safeway, are requesting samples of CBD products, along with lab results and pricing information, manufacturers said.

That’s despite the fact that the Food and Drug Administration said in December that it’s illegal to spike food and beverages with CBD or THC — the pot ingredient that does get you high — or to transport them over state lines.

“We are flying around the country, talking to all the big guys at their headquarters,” said Christian Graversen, brand manager of California-based CBDfx, a 6-year-old company that makes more than 50 CBD-infused products including a $10 package of eight gummy bears.

“We are going multiple times to the same companies, meeting with their senior buyers, legal departments and merchandising executives,” Graversen added.

Major retailers are angling for a piece of the exploding CBD industry, which is expected to more than double to $2.1 billion by next year as consumers pay premium prices for products to treat maladies ranging from arthritis to ADHD.

Up to now, the lion’s share of the CBD bonanza has been going to mom-and-pop shops. But a few bigger chains, including Walgreens, CVS and GNC, have begun selling CBD-infused topical creams that treat wrinkles and pain in states where they’re allowed, including New York.

“We do not have plans to carry CBD products at this time,” Walmart said in a statement, declining to elaborate on its CBD strategy.

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