Reports surfaced this week that Charlotte’s Web Holdings (TSX:CWEB) (OTCQX:CWBHF) has secured a patent for a hemp strain, marking this as the first US patent for a hemp plant. First reported on September 13 by Leafly, Charlotte’s Web stock is down Tuesday, around 3%.
Here’s what we know about the patent.
Charlotte’s Web Stock Down Despite US PatentThe United States has granted Charlotte’s Web Holdings a patent for a strain of hemp, described as a patent for “a new and distinct hemp cultivar designated as ‘CW2A.” The strain itself is described as “a ...
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