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  • Cannabis Industry Singled Out?

    mj indoorgrowMason County PUD#3's new rate schedules have members of the I-502 Industry concerned. The members feel they have been singled out, and will have the highest PUD electrical rate structure levied on them.  The I-502's are not asking for special treatment, just equal treatment given… Read More +

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  • Audit: Room For Improvement On Welfare Benefits

    olympiaA state audit of the Department of Social and Health Services' food and financial assistance programs to low-income residents found the state could save or recover an estimated $1 million in benefits paid out to people who are ineligible because they either make too much money… Read More +

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  • Sherman, Baldwin Dig At NFL In Press Conference

    lynchbaldwin nflWith the help of a cardboard cutout, the Seattle Seahawks' Richard Sherman and Doug Baldwin took digs at the NFL during a news conference on Tuesday after the league issued a $100,000 fine to teammate Marshawn Lynch for not speaking to the media. Sherman and Baldwin made mention of everything

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CVS Pharmacy Chain to Stop Selling Tobacco Products

b_250_0_16777215_00_images_obgrabber_2014-02_3c94aa77d7.jpgCVS Caremark (WOONSOCKET, R.I.) -- CVS Caremark is kicking the habit.  As of Oct. 1, the nation's second-largest drug store chain will no longer sell tobacco products. In an announcement Wednesday morning, CVS Caremark President and CEO Larry J. Merlo explained the decision, saying, "Put simply, the sale of tobacco products is inconsistent with our purpose."

The decision means the company will begin phasing out sales of cigarettes and all other tobacco products at its more than 7,600 CVS pharmacy retail stores nationwide. CVS Caremark is the first U.S. pharmacy chain to make such a move.

Additionally, says Merlo, this spring will see the drugstore chain "undertake a robust national smoking cessation program" that will include in-store and online resources.  It will also continue to sell stop-smoking products.

CVS Caremark says it expects to lose about $2 billion a year in revenue because of the decision, or about 17 cents per share of stock.

President Obama applauded the company's decision in a statement Wednesday, saying it "will have a profoundly positive impact on the health of our country."

"As one of the largest retailers and pharmacies in America, CVS Caremark sets a powerful example, and today’s decision will help advance my Administration’s efforts to reduce tobacco-related deaths, cancer, and heart disease, as well as bring down health care costs – ultimately saving lives and protecting untold numbers of families from pain and heartbreak for years to come," the president said.

Copyright 2014 ABC News Radio

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