British American Tobacco (BAT) has invested nearly $57m in Charlotte’s Web, as the Colorado, US-based CBD maker keeps broadening the spectrum of its partnerships.

BAT invested $56.8m in the form of a debenture, which is convertible at the tobacco company’s discretion into a non-controlling equity stake of around 19.9% into the US seller of hemp-based wellness products.

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      British American Tobacco (BAT) has invested nearly $57m in Charlotte’s Web, as the Colorado, US-based CBD maker keeps broadening the spectrum of its partnerships.

      BAT invested $56.8m in the form of a debenture, which is convertible at the tobacco company’s discretion into a non-controlling equity stake of around 19.9% into the US seller of hemp-based wellness products.

      ...

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      Need help?

      Contact a sales representative right now and don’t wait

      Erik Galavis
      +34 654 320 547
      Email Erik