The Latest Breaking News from Charlotte Web

The MLB is the first big-league sports property to officially have a CBD sponsor, a move that will give the league a piece of the growing CBD market in the U.S, estimated to be worth $4.9 billion worldwide this year and

Charlotte's Web Holdings, Inc. (OTCQX: CWBHF) released financial results for the second quarter ended June 30, 2022, revealing net revenue was $18.9 million, a decrease of 21.8% versus $24.2 million in Q2 2021.

Angel City Football Club (ACFC), a team in the National Women's Soccer League co-founded by Academy Award-winning actress and activist Natalie Portman, announced that Charlotte's Web Inc.

Charlotte's Web Holdings, Inc. (OTCQX: CWBHF) (TSX:CWEB) shared the conclusions of the combined first and second cohort of the industry-sponsored liver safety study. Cohort two added another 222 adults who daily consumed hemp CBD tinctures orally for 60 days.

MedMen Names New CEO Cannabis retailer MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF) has appointed a new CEO, Edward Record, who has been serving on the company's board since 2021.

Charlotte's Web Inc.

Charlotte's Web Holdings, Inc. (TSX: CWEB) (OTCQX: CWBHF) has signed an exclusive product distribution agreement in the United Kingdom with Savage Cabbage Ltd., a UK-based CBD company.

Charlotte's Web Holdings, (TSX:CWEB) (OTCQX: CWBHF) reported positive results from a randomized, controlled, clinical trial study which evaluated the effectiveness of its hemp-derived CBD extracts.

Cannabis company Charlotte's Web Holdings, Inc. (TSX: CWEB) (OTCQX: CWBHF) has achieved International Organization for Standardization 17025 certification.