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Thrive Market, An Online Retailer, Is Forced to Stop Selling CBD

The e-commerce platform received notice from its merchant processor "demanding that we cease the sale of all hemp and CBD products."

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San Francisco (CNN Business) Thrive Market, an online natural and organic products marketplace, said it is shelving its catalog of hemp extracts and topicals at the demand of the company that processes its customer payments.

The e-commerce platform received notice from its merchant processor "demanding that we cease the sale of all hemp and CBD products," Nick Green, Thrive's chief executive, wrote in a blog post and email to customers. "We unfortunately have no choice but to comply, and we'll begin removing our assortment as early as Thursday, June 20."

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