Business
Charlotte's Web Announces First International Harvest with Patented Hemp Cultivars in Canada
Charlotte's Web Announces First International Harvest with Patented Hemp Cultivars in Can...
About this update from Charlotte's Web Holdings, Inc.
[{"type":"text","content":"\n \n \n \n Charlotte's Web Announces First International Harvest with Patented Hemp Cultivars in Canada\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n DENVER\n \n ,\n \n Nov. 11, 2021\n \n /CNW/ - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc. (\"Charlotte's Web,\" or the \"Company\"), the market leader in full-spectrum hemp extract products has completed the harvest of its first ever international hemp crop, in Canada.  In April of 2021 Charlotte's Web proprietary hemp cultivars were approved for registration on Health Canada's List of Approved Cultivars for outdoor cultivation in\n \n Canada\n \n . The early flowering and maturing hemp cultivars were uniquely developed to produce high naturally occurring cannabidiol (\"CBD\") in shorter northern climate growing seasons.\n \n \n \n \n \n \n \n \n \n The Canadian harvest included the Company's flagship \"CW1AS1\" U.S. patented cultivar used for its leading full-spectrum hemp extract\n \n \"\n \n \n Original Formula\n \n \n \"\n \n . Charlotte's Web will prioritize this first CW1AS1 harvest for Original Formula available exclusively for medical cannabis patients in\n \n Canada\n \n .\n \n \n The 2021 Canadian harvest exceeded initial estimates by approximately 20%. The hemp biomass will be processed into whole plant hemp extract for Charlotte's Web CBD wellness products in\n \n Canada\n \n for sale in 2022. The robust harvest is a testament to the Company's horticultural leadership in hemp farming.\n \n \n \"We have an internal plant science and genetics department that has made substantial progress in creating healthier, more robust plants that maximize yields by region and provide scalability,\" said\n \n Jared Stanley\n \n , Company Co-Founder and Chief Cultivation Officer. \"Excellent hemp plant genetics are the first step in the quality control process and will ensure consistency in our Canadian product portfolio.\"\n \n \n The high-quality 100% Canadian-grown hemp will be extracted and manufactured into f...