Just Full-Spectrum Hemp-Derived CBD Family Pet Line to Comply with Industry’s 2 Highest Standards
STONE, CO, Feb. 20, 2020/ PRNewswire/ – Charlotte’s Web Holdings, Inc. (” Charlotte’s Web” or the “Business”) (TSX: CWEB, OTCQX: CWBHF), the marketplace leader in hemp-derived extract items, is pleased to announce that its edible family pet supplements have been authorized to carry seals of approval from two of the most trusted companies in their respective markets, the National Animal Supplement Council (NASC), a non-profit group committed to securing and improving the health of buddy animals throughout the nation and the U.S. Hemp Authority ™, a company produced for the function of assisting produce standardization and quality across the hemp industry.
As the only full-spectrum hemp derived CBD brand to comply with both the NASC Quality Seal program and the U.S. Hemp Authority ™ Accreditation Program, Charlotte’s Web is further verifying to family pet owners why it is called The World’s Many Trusted Hemp Extract ™. The Company has actually been broadening its existence in the fast-growing family pet CBD market, with its 12 SKU animal line experiencing 57%year-over-year income growth in Q32019
Charlotte’s Web pet items will likewise now feature labels verifying Non-GMO, Grain Free and U.S.A. Grown Hemp as part of the Company’s commitment to business responsibility, health and health, and sustainable farming practices. As part of these efforts, Charlotte’s Web has been transitioning its hemp farming from standard to natural agriculture practices, with more than 50%of its fields now accredited natural. The Business is pursuing broad organic accreditation for its various product lines.
” For canine owners, we understand that pets aren’t just animals, they’re family. They are worthy of products you can trust,” said Deanie Elsner, CEO of Charlotte’s Web. “Charlotte’s Web is dedicated to producing the most safe and greatest quality animal items. We are extremely proud that our edible pet items have earned a seal of approval from both the NASC and the U.S. Hemp Authority.”
In addition to the Company’s full-spectrum hemp extract with naturally taking place CBD and other cannabinoids and terpenes, Charlotte’s Web canine chews include practical active ingredients to support Hip & Joint, Senior Dogs and Calming. Each of these products will show the NASC Quality Seal on their packaging.
The NASC Quality Seal allows customers to make safe and empowered getting choices when shopping for their animals. The seal is granted just to makers and suppliers that have actually successfully passed an NASC facility audit and comply with strenuous quality requirements, including strict labeling requirements, real-time adverse event reporting, and random product testing by an independent lab.
Charlotte’s Web products also carry U.S. Hemp Authority ™ Accreditation, which needs conference or surpassing rigid self-regulatory standards for Existing Great Manufacturing Practices (cGMP) and passing a yearly third-party audit. The Program is developed to increase customer and police self-confidence in hemp products being sold in the market today by designating them as safe and legal.
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About Charlotte’s Web Holdings, Inc.
Charlotte’s Web Holdings, Inc. is the marketplace leader in the production and distribution of innovative hemp-derived cannabidiol (” CBD”) wellness items. Founded by the Stanley Brothers, the Business’s exceptional quality items begin with exclusive hemp genetics that are responsibly made into hemp-derived CBD extracts naturally consisting of a complete spectrum of phytocannabinoids, including CBD, terpenes, flavonoids and other helpful hemp compounds. Charlotte’s Web item categories consist of CBD oil casts (liquid products), CBD capsules, CBD topicals, in addition to CBD animal items. Charlotte’s Web hemp-derived CBD extracts are sold through select suppliers, brick and mortar sellers, and online through the Business’s website at www.CharlottesWeb.com The rate the Company pays for agricultural products shows a reasonable and sustainable rate driving higher quality yield, encouraging excellent farming practices, and supporting U.S. farming communities.
Charlotte’s Web is a socially mindful company and is dedicated to utilizing service as a force for good and a driver for development. The Business weighs sound business decisions with factor to consider for how its efforts impact its employees, consumers, the environment, and the communities where its workers live and where it works, while optimizing earnings and strengthening its brands. The Company’s management believes that socially oriented actions have a positive impact on the Company, its employees and its shareholders. Charlotte’s Web donates a part of its pre-tax incomes to charitable organizations.
Shares of Charlotte’s Web trade on the Toronto Stock Market (TSX) under the sign “CWEB” and are estimated in U.S. Dollars in the United States on the OTCQX under the sign “CWBHF”. Since January 1, 2020, Charlotte’s Web had 67,418,174 Typical Shares outstanding and 95,34249 Proportional Voting Shares convertible at 400:1 into Common Shares, for a reliable equivalent of 105,555,170 Typical Shares impressive.
Particular information in this news release makes up positive declarations and positive info (collectively, “positive details”). In some cases, however not always in all cases, forward looking information can be recognized by the use of positive terms such as “strategies”, “targets”, “expects” or “does not expect”, “is expected”, “a chance exists”, “is positioned”, “estimates”, “plans”, “presumes”, “anticipates” or “does not anticipate” or “thinks”, or variations of such words and phrases or state that specific actions, occasions or outcomes “might”, “could”, “would”, “may”, “will” or “will be taken”, “occur” or “be attained”. In addition, any statements that refer to expectations, forecasts or other characterizations of future events or scenarios contain positive info. Declarations containing positive info are not historical truths however instead represent management’s expectations, quotes and forecasts relating to future events.
Forward-looking information is always based upon a number of viewpoints, presumptions and estimates that, while thought about reasonable by the Business as of the date of this news release, are subject to recognized and unknown threats, uncertainties, assumptions and other factors that might cause the real results, level of activity, efficiency or achievements to be materially different from those revealed or indicated by such forward-looking details, including but not restricted to the aspects explained in higher detail in the general public documents of the Business available at www.sedar.com These elements are not intended to represent a complete list of the elements that might affect the Business; nevertheless, these aspects must be considered thoroughly. There can be no guarantee that such expectations, quotes, projections and presumptions will show to be correct. The positive declarations consisted of in this press release are made as of the date of this press release, and the Business specifically disclaims any responsibility to upgrade or alter declarations including any positive info, or the elements or assumptions underlying them, whether as an outcome of new details, future occasions or otherwise, except as required by law.
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SOURCE Charlotte’s Web Holdings, Inc.