Business
Charlotte's Web Enters Employee Health Benefits Channel in Partnership with SBM, LLC.
Charlotte's Web Enters Employee Health Benefits Channel in Partnership with SBM, LLC. ...
About this update from Charlotte's Web Holdings, Inc.
[{"type":"text","content":"\n \n \n \n Charlotte's Web Enters Employee Health Benefits Channel in Partnership with SBM, LLC.\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 Canada NewsWire\n \n \n \n \n \n Launching Hemp CBD Wellness Benefits is an Industry First\n \n \n \n \n \n DENVER\n \n \n ,\n \n \n July 12, 2022\n \n \n /CNW/ - (TSX: CWEB) (OTCQX: CWBHF)\n \n Charlotte's\n \n Web Holdings, Inc. (\"\n \n Charlotte's\n \n Web,\" \"CW\" or the \"Company\"), the market leader in full-spectrum hemp extract CBD products, is the first company to achieve formulary approval and inclusion of its products in SBM LLC's exclusive employee benefits program. Through this employer-sponsored benefit plan, US employers can now confidently provide employees and their pets with coverage and access to\n \n Charlotte's\n \n Web products as an alternative health and wellness therapy.\n \n \n \n \n \n \n \n \n \n \"With almost 4,000 CBD brands for sale in the U.S., we are selecting\n \n Charlotte's\n \n Web as our flagship full-spectrum hemp extract offering,\" said\n \n Bryan Perry\n \n , Chief Commercial Officer. Attaining SBM product formulary inclusion required\n \n Charlotte's\n \n Web to show proof of clinical human safety data. In addition,\n \n Charlotte's\n \n Web must demonstrate ongoing good quality manufacturing, lot-specific product labelling matching certificates of authenticity, customer education, and attractive pricing.\n \n \n In an economy increasingly affected by\n \n high levels of employee burnout and resignation\n \n , employers are turning to new and meaningful benefits to attract and retain talent. Now more than ever, natural alternatives for wellness are requested by employees to support general health and wellness including: mental well-being, sleep, sports, and recovery or discomfort. Supplement benefit management from SBM provides employers the ability to cover natural therapies and wellness alternatives to improve employee well-being, recruitment and retention, and lower overall healthcare costs.  Employers are able to \"bolt-on\" ...