An expert panel has unanimously concluded that Charlotte's Web's full-spectrum hemp extract is Generally Recognized as Safe (GRAS) for use in certain foods in accordance with stringent regulatory safety guidelines and safety data available using well-accepted toxicological principles, the company has announced.

GRAS status means that Charlotte's Web extracts are considered safe for use in a wide range of food and beverage applications. Charlotte's Web hemp extract is currently available as a supplement.

The company does not intend to add its full-spectrum hemp extracts to food products until the U.S. Food and Drug Administration approves this as an option.

"At Charlotte's Web, safety and transparency are paramount to everything we do, and obtaining GRAS status for our products is another major step in these efforts,´ CEO Deanie Eisner said. "This validation of our products goes a long way to enforcing our base principles and why Charlotte's Web is known as 'The world's most trusted hemp extract'."

GRAS status is a major endorsement of the quality and safety of its widely used hemp extracts and the responsible approach the company takes toward the manufacturing of its products with consumer safety in mind. The safety study has been published in Toxicology Reports, Volume 7.

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Source: Charlotte's Web Holdings Inc.