The current FDA regulatory guidelines on hemp-infused food products hurts Charlotte's Web Holdings (CWBHF) as much as any other stock. The company recently closed the Abacus Health Products acquisition to solidify a leading position in the domestic CBD market. My investment thesis remains bullish on the stock despite the current uncertainty existing due to the FDA.
Image Source: Charlotte's Web website
CBD Market Leader
The company closed the Abacus Health deal in June to build on a leading independent position in the CBD market. The combination gives CWH access to over 21,000 unique