CVS is taking a big risk by opening up Cannabis Social Networks.
The store chain said that it will sell cannabis social networks to retailers for the first time in 2018.
CVS is offering an upfront price of $50 for the initial 10,000 users.
It plans to sell the network for $40 a month.
The company is taking the risk to try and attract new users who may be hesitant to buy into the online marijuana market.
“It’s not a bad idea to start a network,” CVS CEO Steve Cochran told the Wall Street Journal.
Currently, there are roughly 2,200 registered marijuana retailers, according to CVS.
This is a huge opportunity for CVS, as the company already sells products to more than 300,000 consumers, and the company plans to offer more than 1,000 social networks by the end of the year.
While many retailers have struggled to gain acceptance of the recreational marijuana market, CVS sees a lot of potential for social networking.
CVS said it plans to work with the marijuana industry to create cannabis social network that will appeal to its customers.CVS also said that they will offer an additional 100 social network accounts to retail customers that it is developing.
At the same time, the company is focusing on building a marijuana social network for its customers, according CVS chief marketing officer Kevin Riddell.
“This will allow us to engage with our customers more effectively, and more quickly,” Riddel told the Journal.
“We’re very excited about this opportunity.”
Cristina Gonzalez, CEO of a California cannabis advocacy group, the Drug Policy Alliance, said that she thought that the new social networks could prove beneficial for the state.
“If you’re going to be selling cannabis, there’s going to have to be a level of trust,” Gonzalez said.
“There’s no other way to do it.
If you want to make sure that you’re selling products that are safe, legal, and are in compliance with the state, you need to be on top of it.
This is going to help with that.”
According to Forbes, the average age of a consumer is now 29 years old, and there are currently more than 6.3 million registered cannabis consumers in the United States.
The survey showed that over the past three years, marijuana use in the US has increased by almost 400 percent.