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Charlotte's Web Begins Retail Expansion in California
Charlotte's Web Begins Retail Expansion in California PR Newswire Hem...
About this update from Charlotte's Web Holdings, Inc.
[{"type":"text","content":"\n \n \n \n Charlotte's Web Begins Retail Expansion in California\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.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n PR Newswire\n \n \n \n \n \n Hemp CBD Market Leader to Reach More Consumers in the Largest U.S. State Economy as Assembly Bill 45 Becomes Law\n \n \n \n \n DENVER\n \n ,\n \n Oct. 7, 2021\n \n /PRNewswire/ - (TSX: CWEB) (OTCQX: CWBHF)\n \n Charlotte's\n \n Web Holdings, Inc. (\"\n \n Charlotte's\n \n Web,\" or the \"Company\"), the market leader in full spectrum hemp extract products, is expanding its retail distribution in\n \n California\n \n following passage of Assembly Bill 45 (\"AB 45\" or the \"Law\") on\n \n October 6\n \n . The Law formally permits retail sale of products containing hemp-derived cannabidiol (CBD), including dietary supplements, topicals, over-the-counter and pet products.\n \n \n \n \n \n \n \n \n \n Following AB 45's passage, the Company expects\n \n California\n \n retailers to expand or begin receiving product shipments from\n \n \n Charlotte's\n \n Web\n \n . This includes\n \n Charlotte's\n \n Web current national retail partners which combined represent more than 1,000 locations in\n \n California\n \n , that can now confidently offer\n \n Charlotte's\n \n Web products to consumers with clear regulatory guidance across the state.\n \n \n \"AB 45 is a big win for Californians seeking wider access to the benefits of safe, high-quality hemp dietary supplements, the retailers who want to sell them, and the farmers and manufacturers who make and ship them,\" said\n \n Deanie Elsner\n \n ,\n \n Charlotte's\n \n Web Chief Executive Officer. \"We appreciate Assembly member Aguiar-Curry and her staff who have worked extensively bring oversight to Hemp CBD products in the state.\"\n \n \n \"I want to thank\n \n Charlotte's\n \n Web and our coalition of advocates – from consumer and public health groups to manufacturers to retailers – who stuck with us through this three-year fight,\" said Assembly member\n \n Cecilia Aguiar-Curry\n \n . \"The ability to offer safe, lega...