Charlotte’s Web Holdings (TSE:CWEB) has released an update.
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Charlotte’s Web Holdings, a leader in CBD wellness products, opposes new California regulations that conflate non-intoxicating, natural CBD products with synthetic and intoxicating ones, limiting consumer access. The company is advocating for legislative change alongside industry and consumer groups to maintain availability of hemp-derived wellness products. These sudden regulatory changes, enacted without legislative approval, affect the sale and distribution of CBD products in California.
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