Charlotte's Web CEO Says Road To Federal Cannabis Legalization Must Start With CBD Regulation

Charlotte's Web Holdings Inc. (OTCQX: CWBHF) CEO Deanie Elsner discussed the hemp CBD extract company’s development, future plans and mission during the last iteration of the Benzinga Cannabis Capital Conference, which is returning to a live format next week in New York City.

In order to build its infrastructure, the company made many important moves last year, the CEO said.

Those include the acquisition of Abacus Health Products Inc. and obtaining organic certification, product patents and B Corp certification, Elsner told panel moderator JJ McKay, founder and publisher at The Fresh Toast. 

“A lot of our focus in 2021 and will be evolving our footprint and expanding our presence across the country or across the globe. We're entering a number of new countries," she said.

Charlotte's Web recently announced cultivation in Canada, and the CBD company has a partnership in Israel and plans to expand into Europe, Elsner said.

The famed Benzinga Cannabis Capital Conference will gather industry …

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