Dr. Alex Capano -Tapping into Women’s Health with CBD Solutions, Pharmacy Profit Summit 2021 (Virtual)

Dr. Alex Capano, Chief Medical Officer at Ananda Professional, discussed the therapeutic benefits of CBD for women’s health, highlighting two new products: Endo Relief Cream for pelvic pain and Floor Balancing Gel for vaginal health. Capano emphasized the importance of evidence-based practice and the high concentration of CBD in these products. She noted that CBD is particularly effective for female reproductive organs and can address issues like endometriosis and bacterial vaginosis. Capano also discussed strategies for pharmacists to promote these products, including targeted marketing and educational outreach, to enhance pharmacy profitability and patient care.

Action Items

  • [ ] Develop a targeted marketing strategy to promote the women’s health products, including creating educational materials, social media campaigns, and leveraging the Ananda Professional’s online sales program.
  • [ ] Reach out to prescribers in the local area to discuss the Ananda Professional products and how they can be integrated into patient care.
  • [ ] Identify and train a “CBD champion” within the pharmacy staff to spearhead the education and promotion of these products.
  • [ ] Explore the Ananda Professional women’s health product line and consider adding them to the pharmacy’s offerings.

Outline

Introduction to Dr. Alex Capano and Her Expertise

  • Lisa Faast introduces Dr. Alex Capano, highlighting her expertise in CBD and her role as Chief Medical Officer at Ananda Professional.
  • Dr. Capano shares her educational background, including neuroscience, family nurse practitioner, and doctoral degree in comprehensive cannabinoid science.
  • She emphasizes her focus on sexual health and her extensive experience in research, both academically and commercially.
  • Dr. Capano discusses her role in translating complex scientific research into practical applications for patients.

Dr. Capano’s Innovative Role at Ananda

  • Lisa Faast praises Dr. Capano’s ability to simplify complex systems and processes, making CBD more accessible to pharmacists.
  • Dr. Capano is credited with being a key innovator at Ananda, with two new women’s health products on the horizon.
  • Lisa Faast expresses excitement about the new products, particularly as a pharmacist and woman who has helped many women with hormonal issues.
  • Dr. Capano explains the therapeutic opportunities for sexual health and women’s health using CBD and cannabinoids.

Introduction of New Women’s Health Products

  • Dr. Capano introduces the Endo Relief Cream, a highly concentrated, moisturizing cream for pelvic pain, including menstrual pain and endometriosis.
  • She highlights the product’s potency and affordability, making it a valuable option for women dealing with pelvic pain.
  • Dr. Capano also introduces the Floor Balancing Gel, a water-soluble gel that supports vaginal health by maintaining the balance of good bacteria.
  • She explains the importance of vaginal flora balance and how the gel can help prevent recurrent yeast infections and bacterial vaginosis.

Marketing and Educational Strategies for Pharmacies

  • Lisa Faast discusses the importance of targeting women, who are often the head of household and make medical decisions for their families.
  • She suggests using educational materials and targeted marketing to attract women to pharmacies.
  • Dr. Capano emphasizes the need for pharmacists to be educated about CBD and its applications in women’s health.
  • They discuss strategies for integrating CBD products into pharmacy practices, including using patient reports and targeted marketing.

Impact and Profitability of Women’s Health Products

  • Lisa Faast highlights the financial benefits of targeting women’s health issues, especially during summer when vaginal problems are more prevalent.
  • Dr. Capano shares early success stories from pharmacies using the new products, noting the high margins and accessibility of the products.
  • They discuss the importance of educating pharmacy staff and identifying a CBD champion within the pharmacy.
  • Dr. Capano explains Ananda’s commitment to supporting pharmacies through education and marketing efforts.

Ananda’s Support for Pharmacies

  • Dr. Capano outlines Ananda’s support for pharmacies, including point-of-sale education, social media marketing, and digital ad buys.
  • She emphasizes the importance of making CBD products accessible and affordable for consumers.
  • Lisa Faast discusses the benefits of having an online presence and how it can help pharmacies during busy times.
  • They highlight the unique program where Ananda shares profits from online sales with pharmacies, ensuring pharmacies benefit even if consumers purchase online.

Leveraging Community and Word-of-Mouth

  • Lisa Faast discusses the power of word-of-mouth and how women tend to influence each other in their communities.
  • Dr. Capano agrees, noting that women often share information and recommendations within their social circles.
  • They discuss the importance of preventative care and how CBD products can help address common women’s health issues before they become severe.
  • Lisa Faast emphasizes the need for pharmacies to adapt to changing consumer habits and leverage digital tools to reach more patients.

Final Thoughts and Encouragement

  • Lisa Faast encourages pharmacies to consider CBD products as a strategic move to improve profitability and patient care.
  • Dr. Capano reiterates the importance of education and trust in building successful CBD programs in pharmacies.
  • They discuss the potential for CBD products to revolutionize women’s health care and the role of pharmacies in this transformation.
  • Lisa Faast thanks Dr. Capano for her insights and expresses excitement about the new products and programs from Ananda Professional.

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