Charlotte';s Web Responds to New Regulatory Developments in California Affecting the Sale of Hemp CBD Products
Charlotte's Web Holdings, a leading CBD hemp extract wellness company, strongly opposes new regulations in California that restrict the sale of many ingestible full-spectrum hemp CBD products. The emergency regulations, effective September 23, 2024, impose significant limitations on hemp-derived CBD products, including non-intoxicating ones. Charlotte's Web is collaborating with industry groups to push for changes and preserve consumer access to these products in California.
The company argues that these regulations are overreaching and unnecessarily restrict access to safe, non-intoxicating hemp products. The impact is to California and is not anticipated to materially affect the Company's overall 2024 sales and revenue. Charlotte's Web remains committed to quality, safety, and transparency, and is exploring alternative solutions in light of these regulations.
Charlotte's Web Holdings, un'azienda leader nel benessere dei prodotti a base di estratti di canapa CBD, si oppone fermamente alle nuove regolamentazioni in California che limitano la vendita di molti prodotti a base di CBD full-spectrum. Le nuove normative, che entreranno in vigore il 23 settembre 2024, impongono limitazioni significative sui prodotti derivati dalla canapa, inclusi quelli non intoxicanti. Charlotte's Web sta collaborando con gruppi del settore per sollecitare modifiche e preservare l'accesso dei consumatori a questi prodotti in California.
L'azienda sostiene che queste regolazioni siano eccessive e limitino inutilmente l'accesso a prodotti sicuri e non intoxicanti a base di canapa. L'impatto sarà significativo per la California, ma non si prevede che influisca materialmente sulle vendite e i ricavi complessivi dell'azienda per il 2024. Charlotte's Web rimane impegnata nella qualità, sicurezza e trasparenza, ed esplora soluzioni alternative alla luce di queste regolamentazioni.
Charlotte's Web Holdings, una empresa líder en bienestar a base de extractos de cáñamo CBD, se opone firmemente a las nuevas regulaciones en California que restringen la venta de muchos productos comestibles de CBD de espectro completo. Las regulaciones de emergencia, efectivas desde el 23 de septiembre de 2024, imponen limitaciones significativas a los productos de CBD derivados del cáñamo, incluidos aquellos no intoxicantes. Charlotte's Web está colaborando con grupos de la industria para exigir cambios y preservar el acceso de los consumidores a estos productos en California.
La empresa argumenta que estas regulaciones son excesivas y restringen innecesariamente el acceso a productos de cáñamo seguros y no intoxicantes. El impacto será en California y no se anticipa que afecte materialmente las ventas y los ingresos totales de la empresa para 2024. Charlotte's Web sigue comprometida con la calidad, la seguridad y la transparencia, y está explorando soluciones alternativas a la luz de estas regulaciones.
Charlotte's Web Holdings, 선도적인 CBD 헴프 추출물 웰니스 회사는 캘리포니아에서의 많은 섭취 가능한 풀 스펙트럼 헴프 CBD 제품 판매를 제한하는 새로운 규정을 강력히 반대합니다. 2024년 9월 23일부터 시행되는 비상 규정은 비취하는 제품을 포함한 헴프 유래 CBD 제품에 대한 상당한 제한을 부과합니다. Charlotte's Web는 캘리포니아에서 이러한 제품에 대한 소비자 접근을 보존하기 위해 업계 그룹과 협력하고 있습니다.
회사는 이러한 규정이 지나치게 포괄적이며 안전하고 비취하는 헴프 제품에 대한 접근을 불필요하게 제한한다고 주장하고 있습니다. 이 규정의 영향은 캘리포니아에서 있으며 회사의 전체 2024년 판매 및 수익에 실질적으로 영향을 미치지 않을 것으로 예상하고 있습니다. Charlotte's Web는 품질, 안전성 및 투명성에 대한 약속을 계속 유지하며 이러한 규정에 비추어 대체 솔루션을 모색하고 있습니다.
Charlotte's Web Holdings, une entreprise leader dans le domaine du bien-être par des extraits de chanvre CBD, est fortement opposée aux nouvelles réglementations en Californie qui restreignent la vente de nombreux produits comestibles de CBD à spectre complet. Les réglementations d'urgence, qui entreront en vigueur le 23 septembre 2024, imposent des limitations significatives aux produits à base de CBD dérivés du chanvre, y compris ceux qui ne sont pas intoxicants. Charlotte's Web collabore avec des groupes de l'industrie pour réclamer des modifications et préserver l'accès des consommateurs à ces produits en Californie.
L'entreprise soutient que ces réglementations sont excessives et restreignent inutilement l'accès à des produits de chanvre sûrs et non intoxicants. L'impact se fera sentir en Californie et il n'est pas anticipé qu'il affecte matériellement les ventes et les revenus globaux de l'entreprise pour 2024. Charlotte's Web reste engagée envers la qualité, la sécurité et la transparence, et explore des solutions alternatives à la lumière de ces réglementations.
Charlotte's Web Holdings, ein führendes Wellness-Unternehmen für CBD-Hanfextrakte, spricht sich entschieden gegen neue Vorschriften in Kalifornien aus, die den Verkauf vieler konsumierbarer Vollspektrum-Hanf-CBD-Produkte einschränken. Die Notfallvorschriften, die am 23. September 2024 in Kraft treten, bringen erhebliche Einschränkungen für hanfbasierte CBD-Produkte, einschließlich nicht berauschender, mit sich. Charlotte's Web arbeitet mit Branchenverbänden zusammen, um Änderungen zu fordern und den Zugang der Verbraucher zu diesen Produkten in Kalifornien zu erhalten.
Das Unternehmen argumentiert, dass diese Vorschriften über das Ziel hinausschießen und den Zugang zu sicheren, nicht berauschenden Hanfprodukten unnötig einschränken. Die Auswirkungen betreffen Kalifornien und werden voraussichtlich die Gesamtverkäufe und Einnahmen des Unternehmens für 2024 nicht wesentlich beeinflussen. Charlotte's Web bleibt der Qualität, Sicherheit und Transparenz verpflichtet und prüft alternative Lösungen im Lichte dieser Vorschriften.
- The impact of California regulations is not anticipated to materially affect Charlotte's Web's overall 2024 sales and revenue
- Charlotte's Web is actively collaborating with industry groups to push for changes in California's regulations
- The company maintains stringent control over product quality and consistency with analytic testing from soil to shelf
- New California regulations restrict the sale of many Charlotte's Web ingestible full-spectrum hemp CBD products in the state
- The regulations may limit access for consumers who rely on non-intoxicating hemp products in California
- Charlotte's Web is evaluating longer-term implications and alternatives for its business in California
"While we fully support efforts to regulate synthetic and intoxicating products, we strongly oppose the inclusion of non-intoxicating, natural CBD products within this regulatory framework," said Bill Morachnick, Chief Executive Officer of Charlotte's Web. "We believe these regulations are overreaching and unnecessarily restrict access to safe, non-intoxicating hemp products by lumping them in with an entirely different class of products. Other states like
On September 23, 2024,
The Governor's office has stated that the emergency regulations are necessary to ensure consumer safety and to close gaps in the oversight of hemp-derived products, particularly those containing Delta-8 THC. Yet, the overly broad language also impacts the sale, distribution and package size of non-intoxicating, natural CBD products like those offered by Charlotte's Web, including products without detectable THC that are NSF Certified for Sport®.
Consumers who rely on non-intoxicating hemp products will face limited access as
Jared Stanley, a founding member of One Hemp, stated, "We have supported efforts to address bad actors in the hemp industry, but we were shocked that responsible hemp companies were included in this overreach. These companies have long advocated for quality and safety standards backed by science and research. The Governor's decision will harm the good actors in the industry and have dire consequences for families and veterans who depend on these products for their quality of life."
The new regulations will directly impact the sale of many of Charlotte's Web's ingestible full-spectrum and broad-spectrum hemp extract CBD products in
"These products are vital to the well-being of many consumers, particularly those in vulnerable communities, and they must be safeguarded," added Morachnick. "To help address this, we are exploring alternative solutions in light of these misguided regulations."
Charlotte's Web remains committed to the highest standards of quality, safety, and transparency.
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