Charlotte’s Web lands first-of-its-kind MLB sponsorship deal

LOUISVILLE — Charlotte’s Web Holdings Inc. (OTCQX: CWBHF) is now the official CBD sponsor for Major League Baseball, the company announced Wednesday in a news release. 

The sponsorship deal is the first of its kind; no major professional sports league has formed a sponsorship agreement with a CBD company before. 

“Nature is the most intelligent and advanced technology system in our world, and when we work with nature for health and innovate through the lens of community care, we can truly redefine what it means to be well as an athlete,” said Jared Stanley, Charlotte’s Web co-founder and chief operating officer, in…