Charlotte’s Web Holdings (TSE:CWEB) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
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.
For further insights into TSE:CWEB stock, check out TipRanks’ Stock Analysis page.