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Charlotte’s Web Backs HEMP Act as Key Step for Safe, Regulated Hemp Market

Story Highlights
  • Charlotte’s Web supports new federal hemp legislation to set FDA oversight and safety standards for hemp-derived products.
  • The company urges a balanced framework targeting unsafe products while protecting legal, compliant cannabinoids relied on by consumers.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Charlotte’s Web Backs HEMP Act as Key Step for Safe, Regulated Hemp Market

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Charlotte’s Web Holdings ( (TSE:CWEB) ) has issued an update.

Charlotte’s Web Holdings is publicly backing U.S. Representative Morgan Griffith’s newly introduced Hemp Enforcement, Modernization, and Protection (HEMP) Act, framing the federal proposal as a critical step toward establishing clear FDA oversight, manufacturing standards, and consumer safety requirements for hemp-derived products. The company argues that a balanced federal framework should crack down on unsafe and illicit products while preserving legal access to compliant hemp-derived cannabinoids relied on by millions of Americans, and it highlights the role of advocacy group Coalition for Access Now in building bipartisan support for a science-based, transparent hemp marketplace, underscoring the potential for the legislation to strengthen industry credibility and protect both consumers and responsible operators.

The most recent analyst rating on (TSE:CWEB) stock is a Hold with a C$0.47 price target. To see the full list of analyst forecasts on Charlotte’s Web Holdings stock, see the TSE:CWEB Stock Forecast page.

Spark’s Take on TSE:CWEB Stock

According to Spark, TipRanks’ AI Analyst, TSE:CWEB is a Neutral.

The score is held back primarily by weak financial performance (persistent losses, negative free cash flow, and a stressed equity base). Technicals are a meaningful offset with strong momentum and price above major moving averages, though overbought readings add near-term risk. Valuation provides limited support given the negative P/E and lack of dividend yield data.

To see Spark’s full report on TSE:CWEB stock, click here.

More about Charlotte’s Web Holdings

Charlotte’s Web Holdings, Inc., headquartered in Louisville, Colorado, is a Certified B Corporation and market leader in hemp-extract wellness products. The company operates a substantially vertically integrated business model to maintain quality control across a broad portfolio that includes CBD oil tinctures, gummies for sleep, calming and exercise recovery, CBN and CBG gummies, hemp-derived THC microdose and functional mushroom gummies, CBD capsules, topical creams and lotions, and CBD pet products for dogs, distributed through U.S. retailers, healthcare practitioners, and its own e-commerce channel.

Average Trading Volume: 194,967

Technical Sentiment Signal: Buy

Current Market Cap: C$78.12M

For an in-depth examination of CWEB stock, go to TipRanks’ Overview page.

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