One of Charlotte’s Web Hemp (CNQ: CWEB) missions is to commit to corporate responsibility, health and wellness, as well as sustainable farm practices. This cannabis company, which works exclusively with hemp and cannabidiol (CBD)-based products, has just received seals of approval for its pet supplements. Both the National Animal Supplement Council (NASC) and the U.S. Hemp Authority have granted their seals, and these are not the only labels that Charlotte’s Web products will be carrying.
Part of the corporate responsibility efforts is demonstrated in the other labels that these pet products will be carrying, such as non-GMO labels, grain-free label and US grown hemp label. Also, to continue improving the quality of products and social responsibility, Charlotte’s Web farms have been going through a transition period from traditional to organic agriculture practices; more than 50% of its fields are now certified organic. The company is currently working on getting the organic certification of its various product lines. This line of products for pets has been helping the company’s rapid expansion in the CBD market, and the 12 SKU pet line has been growing 57% in year-over-year revenue based on the Q3 data.
“Charlotte’s Web is committed to producing the safest and highest quality pet products,” said Deanie Elsner, CEO of Charlotte’s Web. “We are very proud that our edible pet products have earned a seal of approval from both the NASC and the U.S. Hemp Authority.”
Charlotte’s Web extracts CBD from the plants and other naturally occurring cannabinoids and terpenes, and for these pet products, there are other ingredients added to increase its functionality. For the canine chews, there are added ingredients to support hip and joint, senior dogs and calming.
All of these added ingredients will also be listed in the NASC Quality Seal that will be displayed on the packaging. The U.S. Hemp Authority Certification is granted for either meeting or exceeding the regulatory standards for Current Good Manufacturing Practices (cGMP), and it just passed its annual third-party audit.