Charlotte’s Web Holdings said it secured a $56.8 million investment from a British American Tobacco subsidiary, a deal that gives the multinational tobacco giant a 19.9% stake in the Colorado-based CBD and hemp company.
Colorado-based CBD and hemp company Charlotte’s Web Holdings signed a distribution deal with Stark Foods International, an importer and distributor of European specialty foods and beauty products.
It’s important not only to identify constraints but also think of ways to overcome them. Here are five ways the cannabis industry can do that.
Kentucky’s agriculture commissioner is calling on the U.S. Food and Drug Administration to clarify its stance on hemp-derived cannabinoids.
A federal judge threw out a lawsuit against Kansas’ governor and attorney general that alleged $120,000 worth of delta-8 THC products destroyed by police were legal.
This year’s U.S. hemp harvest is expected to shrink by 46% compared to 2021, according to commodity exchange PanXchange.
Canadian cannabis producer Tilray Brands and Charlotte’s Web Holdings entered a “strategic alliance” to license, manufacture and distribute the Colorado-based manufacturer’s hemp-derived CBD products in Canada.
