Medical Xpress to launch ‘store within a store’ for CBD

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Friday, May 31, 2019

DALLAS – HME provider Medical Xpress stands ready to launch its new CBD division, CBD Xpress, as soon as the ink is dry on a new law.

Texas lawmakers recently passed a bill that would legalize hemp and hemp-derived extracts, like CBD oil, and Gov. Greg Abbott is widely expected to sign it into law.

“This is the next progressive step,” said Greg McGough, director of retail operations. “We’ve been working on this for close to a year. There’s a lot of bad information out there and a lot of red tape, and people need to do their due diligence.”

For Medical Xpress, that due diligence included hiring an attorney specializing in CBD regulations, researching products and product manufacturers, ensuring testing labs are accredited, and maintaining transparency with the bank, credit card processor and POS system provider, says McGough.

“We’re trying to legitimize this,” he said. “There’s a lot of people doing it wrong and they are taking a risk.”

CBD Xpress is set-up as its own corporation, but it will operate as a “store within a store” in Medical Xpress’ three retail locations in the Dallas-Fort Worth area. The company is limiting what CBD Xpress will carry to items like tinctures, topicals and pain patches—no edibles like gummy bears, which McGough feels are geared toward children.

“It’s a 12-foot by 12-foot section with a door to limit access,” McGough said. “There’s a lot of gray areas on age limits for buying these products.”

As part of an established HME provider, CBD Xpress will have a leg up on the competition, whether it’s a local medical marijuana store, CVS or the grocery store, says McGough.

“I think when someone walks into our showroom and sees that we are selling it, it’s going to be different,” he said. “Nobody in those other locations is going to be able to explain it to you the way we are going to be able to. You have to have people that are well-trained and willing to listen. We want to help you live a better life, just like when we sell someone a scooter.”