Charlotte's Web Holdings Inc (CWBHF): Regarding AB 228, the California state b...

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Charlotte's Web Holdings Inc (CWBHF)

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Thursday, 07/18/2019 4:34:21 PM

Thursday, July 18, 2019 4:34:21 PM

Regarding AB 228, the California state bill for CBD in food and drink, it’s now scheduled to be read / voted on in the Senate Appropriations committee on August 12th (looks like the July session is over).

Based on my limited research / understanding, this appears to be the last stop before it would go before the State Senate for a vote. Subsequently it would be referred to the governor (assuming it passes the Senate).

It’s going to take time before this one clears, but I think it will be a solid industry catalyst once it does.

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