10:33 AM EST - Charlotte's Web Holdings, Inc. : Today provided an update on developments pulling federal and state hemp policy in opposite directions. New California requirements under SB 378 and related state regulations will significantly restrict the sale and distribution of ingestible full-spectrum and broad-spectrum hemp-derived products to consumers in the state. California's approach will be among the most restrictive in the nation, specifically limiting direct-to-consumer and online sales, whereas most other states have primarily focused on retail channels. Charlotte's Web Holdings, Inc.
shares T.CWEB are trading up $0.03 at $0.47.
