WHY CHARLOTTES WEB PARTNERED WITH MAJOR LEAGUE BASEBALL TO EDUCATE THE WORLD ABOUT CBD [K4BlAKjNE4Z]
WHY CHARLOTTES WEB PARTNERED WITH MAJOR LEAGUE BASEBALL TO EDUCATE THE WORLD ABOUT CBD [K4BlAKjNE4Z]
| 1h 28m 28s | Video has closed captioning.
Why Charlottes Web Partnered with Major League Baseball to Educate the World About CBD Charlottes Web launched the CBD category over a decade ago and despite a rollercoaster ride in the market. they remain the industry leader to this day. As industry leaders. they see it as their mission to educate the industry and the general public about the benefits of Educating CBD Stanley: The CBD market today is a $5 billion market and its a huge opportunity for us to do business and gain market share. but what weve seen is we know how wonderful this plant can be for wellness seekers. Stanley: Its a little bit of both. Major League Baseball was the first league to stop testing for THC. and then they were the first league to endorse the CBD category. Stanley: We need independently tested and accurately labeled CBD products and its about time the FDA regulated CBD as a dietary supplement There is broad bipartisan support for this in Congress Jan 26th Earlier this year. the FDA took a bold position that the current regulatory framework for foods and dietary supplements is not appropriate for CBD and that they will work with Congress to chart a new way forward for CBD. Stanley: There are good players who independently test the quality and keep it at a high level. But the industry as a whole doesnt want what were pushing at the FDA because most of them wont make it once that dietary supplement pathway is in place. #news
Aired: December 12, 2024
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