Charlotte’s Web earns B Corp certification
BOULDER — Charlotte’s Web Holdings Inc. (OTCQX: CWBHF), which produces hemp-derived cannabidiol wellness products, has been certified as a B Corporation.
Companies certified by B Lab as B Corporations are for-profit companies that work to build a more-sustainable economy, considering their impact on customers, workers, communities and the environment.
“Becoming a certified B Corp was important to Charlotte’s Web as it aligns with our vision for conducting our business, from seed to shelf, to benefit the greater good in society, our environment, for our employees and our communities,” Deanie Elsner, Charlotte’s Web’s CEO, said in a prepared statement. “This was a comprehensive, precise and illuminating process, teaching us where we are strong and where we can focus for continuing improvement.”
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About 3,500 companies have been certified as B Corps in 150 industries and 74 countries.