Duo to open Hamilton County’s first CBD dispensary

A former electronic cigarette distribution executive and a local attorney plan to open Hamilton County’s first CBD dispensary later this month in Noblesville.

Called Vape and Wellness, the shop will take up 1,400 square feet at 170 Logan St. in the Riverplace Center shopping plaza, which also includes Kroger, Anytime Fitness, Great Clips and Little Caesars. Co-owners Ian Hull and Alex Ostrovsky expect to open the shop’s doors by the end of the month.

Vape and Wellness will sell electronic cigarette products, organic CBD oil tinctures, edibles, capsules and handmade CBD-infused bath bombs. The edibles include gummies, cookies, brownies and beverages.

Hull and Ostrovsky said they plan to focus on providing a higher-end experience and shop ambiance to their customers. The walls of the store are wrapped in reclaimed Indiana tobacco barnwood. An oversized bar and lounge areas will give customers an opportunity to sample various products.

The 18-and-older store will be open seven days a week.

Hull previously worked at Indy E Cigs and spent his career developing partnerships with manufacturers, retailers and distributors, he said.

“I’ve been deeply involved in the e-cigarette and CBD industries since well before their adoption in central Indiana,” he said in written comments. “I’ve traveled nationwide and pulled inspiration from various locales while developing ideas for our first store.”

A new state law that legalizes the sale of cannabis-derived oil has led to a flurry of new local retail shops that specialize in such products. In March, Gov. Eric Holcomb signed a bill allowing for the sale of cannabidiol, also known as CBD, which is a substance derived from marijuana and hemp. CBD has little or none of the compound that produces a high in marijuana users, and proponents say the oil is therapeutic for a range of health problems. The law went into effect July 1. 

While there are several shops that sell CBD in Hamilton County, including some gas stations, Vape and Wellness will be the first true dispensary, Ostrovsky told IBJ. The dispensary will occupy more than 500 square feet of the space. It will offer a wide selection of products and have staff on hand to make recommendations based on a customer’s needs, he said. The store also will offer CBD for pets.

“I’m already receiving daily calls and texts from folks battling a variety of serious health concerns (who) are beyond excited to have a true CBD dispensary nearby,” he said.

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