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home / news releases / CWEB - CBD Hemp Leader Expanding into Pet Market


CWEB - CBD Hemp Leader Expanding into Pet Market

2023-05-01 11:23:23 ET

The %PetCBD market is experiencing strong growth, with estimates for over $400 million in U.S. retail sales annually according. And this company is expanding with this new announcement.

CBD hemp extract wellness market leader %CharlottesWebHoldings (TSX: ) (OTCQX: ) announced in a press release that they have added Phillips Pet Food & Supplies, America's largest distributor in the pet specialty retail channel, covering more than 6,000 retailers representing more than 14,000 retail locations.

Charlotte's Web Holdings, Inc., is a Certified B Corporation headquartered in Denver, is a market leader in innovative hemp extract wellness products. The firm’s whole-plant CBD extracts come in full-spectrum and broad-spectrum (THC-free) options, including the world's only broad-spectrum CBD certified NSF for Sport, the official CBD of Major League Baseball.

Shares were trading up in morning trade.

Stock Information

Company Name: Direxion Daily CSI China Internet Index Bull 2X Shares
Stock Symbol: CWEB
Market: NYSE

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