Charlotte’s Web Among First Full-Spectrum CBD Added to the List of CBD Products Authorised for Sale in the UK Following Validation of its Novel Food Application

Charlotte’s Web Among First Full-Spectrum CBD Added to the List of CBD Products Authorised for Sale in the UK Following Validation of its Novel Food Application
CANNANNEW REPORT

UK Food Standards Agency will now proceed through the safety evaluation process DENVER, April 1, 2022 /PRNewswire/ – (TSX: CWEB) (OTCQX: CWBHF) Charlotte’s Web Holdings, Inc., (“Charlotte’s Web” or the “Company”), the market leader in full-spectrum cannabidiol (“CBD”) hemp extract wellness products, has achieved a milestone becoming one of the first companies to receive validation of its Novel Food applications from the UK Food Standards Agency (“FSA”) for its full-spectrum hemp extracts in the United Kingdom. To date, most UK consumers have had access primarily to CBD isolate products and may be unaware of the potential benefits of the entourage effect from full-spectrum CBD like Charlotte’s Web, which includes all of the cannabinoids, terpenes and flavonoids extracted from the whole hemp plant. Charlotte’s Web (TSX:CWEB) (OTCQX:CWBHF) The World’s Most Trusted Hemp Extract (CNW Group/Charlotte’s Web Holdings, Inc.) Importantly, this milestone adds Charlotte’s Web to the FSA’s list of products allowed to be sold in the UK, whereas companies not on the list are prohibited from the market. Charlotte’s Web is one of the fraction of companies to receive validation from the FSA out of more than 800 applications submitted, and one of only a few U.S.-based companies represented. “This milestone gives Charlotte’s Web and full-spectrum CBD a legitimate presence within the UK market,” said Jacques Tortoroli, CEO of Charlotte’s Web. “We can now expand in the UK and commence discussions with large retailers who have been waiting for access to full-spectrum products from our patented hemp cultivars.” Novel Foods Novel Foods are ingredients which have not been widely consumed by people in the UK or European Union (EU) before May 1997. This includes cannabidiol (“CBD”) and other consumable derivatives of the hemp plant, including whole-plant hemp extract. Novel Foods need to be authorised by the FSA before they can be included on the list of novel foods…

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Source : Charlotte’s Web Among First Full-Spectrum CBD Added to the List of CBD Products Authorised for Sale in the UK Following Validation of its Novel Food Application

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