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    CWEB — Charlotte's Web Holdings News Story

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    Brief: Charlotte's Web Forms Joint Venture With Bat And Ajna Biosciences To Seek FDA-Approval For Proprietary Full Spectrum Hemp Extract Botanical Drug

    Picture of Charlotte's Web Holdings logoCharlotte's Web Holdings
    06/04/2023 15:51
    April 6 (Reuters) - Charlotte's Web Holdings Inc
 CWEB.TO :
    * CHARLOTTE'S WEB FORMS JOINT VENTURE WITH BAT AND AJNA
BIOSCIENCES TO SEEK FDA-APPROVAL FOR PROPRIETARY FULL SPECTRUM
HEMP EXTRACT BOTANICAL DRUG
    * CHARLOTTE'S WEB HOLDINGS INC - BAT ACQUIRES 20% STAKE FOR
US$10
MILLION, WITH CHARLOTTE'S WEB AND AJNA EACH OWNING 40% IN JV
    * CHARLOTTE'S WEB - JV PLANS TO ENGAGE WITH FDA TO FILE IND
APPLICATION & START PHASE I CLINICAL DEVELOPMENT FOR A NOVEL
BOTANICAL DRUG IN 2023

Source text for Eikon:  ID:nPn5VsC7ga 
Further company coverage:  CWEB.TO 

 ((Reuters.Briefs@thomsonreuters.com;))

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