Charlotte’s Web launches new R&D division
BOULDER — Charlotte’s Web Holdings Inc. (OTC:CWBHF), a local CBD product manufacturer, recently launched the firm’s CW Labs science division to bolster research and development efforts.
The new R&D team will study the “science of hemp derived phytocannabinoids, terpenes and flavonoid compounds,” according to a Charlotte’s Web news release.
The 12-person team will operate out of Boulder and Buffalo, New York.
“The launch of CW Labs formalizes our reach into the science, efficacy and safety of hemp plant compounds,” said CW CEO Deanie Elsner in a statement. “CW Labs demonstrates our commitment to innovation and our cutting-edge…
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