CBD products store Living Well CBD has seen sales fall since March, which is related to a lack of disposable income in many households after thousands of Americans were laid off in a matter of months.
In 2019, Edgardo Santillan got into the business for a form of hemp oil known as CBD after his wife saw benefits from using such products for her migraines. With “countless hours” of internet research and learning from other sellers, Mr. Santillan launched AgraPharm, a hemp cultivation business in Aliquippa.
A year later, he’s still eager to make it work, though he described 2020 as “difficult” and not just because of the COVID-19 pandemic. Regulatory hurdles and dry weather have compounded the issues of pandemic-driven business shutdowns, along with customers losing jobs and pulling back on spending.
Mr. Santillan said their CBD products store Living Well CBD, operated by his wife, has seen sales fall since March, which he believes is related to a lack of disposable income in many households after thousands of Americans were laid off in a matter of months. The couple sought to keep the business open during the shutdown, but CBD products were not considered “life sustaining” and so they were forced to close.