Charlotte’s Web Holding Inc. (OTCMKTS:CWBHF) Announces Extension Of Research Initiative with The Centre For Discovery

Charlotte’s Web Holding Inc. (OTCMKTS:CWBHF) Announces Extension Of Research Initiative with The Centre For Discovery

Charlotte’s
Web Holding Inc. (OTCMKTS:CWBHF)
has reportedly extended its research initiative with The Centre for
Discovery in New York to continue advancing the development of hemp strain for
improved farming in the area.

Charlotte’s
Web expanding beyond New York

The ground-breaking initiative has helped
the company solidify its expansion in the Eastern Appalachian Region through
the determination of the best hemp varieties that can do well under the local
terrain and regional microclimate. The project which is in its third year has
helped steer the Charlotte Web’s breeding in the production of improved hemp
varieties that will be vital in helping farmers get better yields. The
production of superior hemp varieties has equally helped the company position
itself well for success in the New York region and nearing states that have
same growing conditions.

Charlotte’s Web is also in partnership with
Kentucky farmers to produce improved hemp strains for its CBD products.
Recently the company announced that it was carrying out an organic hemp farming
research initiative with Rodale Institute and Natural care in the state of
Pennsylvania.

Charlotte’s Web CEO Deanie Elsner indicated
that the company is committed to developing premium quality hemp genetics
improved for cultivation in New York and the surrounding areas. He added that
The Centre for Discovery is one of the most recognized institutions globally
for its innovative work in advancing ground-breaking farming practices.

Transition
to organic hemp farming

The Centre of Discovery is known for its
work in the treatment of individuals with complex disabilities and it has been
recognized as a center for excellence in the state of New York. The center is
currently growing hemp through biodynamic farming practices which is an
enhanced standard of conventional organic farming. The joint initiative between
Charlotte’s Web and the center is part of the company’s corporate social
responsibility and it shows its commitment towards enhancing of sustainable
hemp farming.

The company in the last five years has been
trying to change from conventional hemp farming to organic hemp farming. It
already has certified organic farms as it continues to seek more organic
certifications for its CBD products.

Published at Mon, 12 Aug 2019 12:01:36 +0000

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