Charlotte's Web to Provide CBD to Seniors With Cancer in Pilot Program

Dow Jones03:56

By Elias Schisgall

Charlotte's Web Holdings will provide CBD to senior citizens with cancer patients through a pilot program being run by the Center for Medicare and Medicaid Innovation.

The hemp-based CBD wellness company said Thursday that seniors in the program will be able to get CBD reimbursed by Medicare and Medicaid.

The move comes after President Trump signed an executive order reclassifying marijuana as a Schedule III drug. The order is expected to increase the availability of CBD, a non-psychoactive chemical found in cannabis and hemp, for medical research.

Shares soared 59% to a 52-week high of 35 Canadian cents, or 25 U.S. cents, in trading after the order was signed.

Charlotte's Web said it will offer a set of products for patients in the program early next year. The program will be guided by Charlotte's Web's newly-formed Scientific Advisory Board, and the nonprofit Realm of Caring will provide cannabinoid therapy guidance for patients and providers.

"As the CBD market leader and a trusted partner throughout the country among healthcare practitioners, this initiative marks a historic step forward, uniquely positioning Charlotte's Web to expand access to safe, non-intoxicating hemp CBD products through existing pathways," Charlotte's Web Chief Executive Officer Bill Morachnick said.

Write to Elias Schisgall at elias.schisgall@wsj.com

(END) Dow Jones Newswires

December 18, 2025 14:56 ET (19:56 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2592189570?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-12-19 03:56","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2592189570","market":"hk","top_or_hot":-1,"title":"Charlotte's Web to Provide CBD to Seniors With Cancer in Pilot Program","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Elias Schisgall \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Charlotte's Web Holdings will provide CBD to senior citizens with cancer patients through a pilot program being run by the Center for Medicare and Medicaid Innovation. \n</p>\n<p>\n  The hemp-based CBD wellness company said Thursday that seniors in the program will be able to get CBD reimbursed by Medicare and Medicaid. \n</p>\n<p>\n  The move comes after President Trump signed an executive order reclassifying marijuana as a Schedule III drug. The order is expected to increase the availability of CBD, a non-psychoactive chemical found in cannabis and hemp, for medical research. \n</p>\n<p>\n  Shares soared 59% to a 52-week high of 35 Canadian cents, or 25 U.S. cents, in trading after the order was signed. \n</p>\n<p>\n  Charlotte's Web said it will offer a set of products for patients in the program early next year. The program will be guided by Charlotte's Web's newly-formed Scientific Advisory Board, and the nonprofit Realm of Caring will provide cannabinoid therapy guidance for patients and providers. \n</p>\n<p>\n  \"As the CBD market leader and a trusted partner throughout the country among healthcare practitioners, this initiative marks a historic step forward, uniquely positioning Charlotte's Web to expand access to safe, non-intoxicating hemp CBD products through existing pathways,\" Charlotte's Web Chief Executive Officer Bill Morachnick said. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Elias Schisgall at elias.schisgall@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 18, 2025 14:56 ET (19:56 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Charlotte's Web to Provide CBD to Seniors With Cancer in Pilot Program</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCharlotte's Web to Provide CBD to Seniors With Cancer in Pilot Program\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-12-19 03:56</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Elias Schisgall \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Charlotte's Web Holdings will provide CBD to senior citizens with cancer patients through a pilot program being run by the Center for Medicare and Medicaid Innovation. \n</p>\n<p>\n  The hemp-based CBD wellness company said Thursday that seniors in the program will be able to get CBD reimbursed by Medicare and Medicaid. \n</p>\n<p>\n  The move comes after President Trump signed an executive order reclassifying marijuana as a Schedule III drug. The order is expected to increase the availability of CBD, a non-psychoactive chemical found in cannabis and hemp, for medical research. \n</p>\n<p>\n  Shares soared 59% to a 52-week high of 35 Canadian cents, or 25 U.S. cents, in trading after the order was signed. \n</p>\n<p>\n  Charlotte's Web said it will offer a set of products for patients in the program early next year. The program will be guided by Charlotte's Web's newly-formed Scientific Advisory Board, and the nonprofit Realm of Caring will provide cannabinoid therapy guidance for patients and providers. \n</p>\n<p>\n  \"As the CBD market leader and a trusted partner throughout the country among healthcare practitioners, this initiative marks a historic step forward, uniquely positioning Charlotte's Web to expand access to safe, non-intoxicating hemp CBD products through existing pathways,\" Charlotte's Web Chief Executive Officer Bill Morachnick said. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Elias Schisgall at elias.schisgall@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 18, 2025 14:56 ET (19:56 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4113","symbol_name":"食品零售","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2592189570","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2592189570","pubTimestamp":1766087760,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Charlotte's Web Holdings will provide CBD to senior citizens with cancer patients through a pilot program being run by the Center for Medicare and Medicaid Innovation.The hemp-based CBD wellness company said Thursday that seniors in the program will be able to get CBD reimbursed by Medicare and Medicaid.The move comes after President Trump signed an executive order reclassifying marijuana as a Schedule III drug. The order is expected to increase the availability of CBD, a non-psychoactive chemical found in cannabis and hemp, for medical research.Shares soared 59% to a 52-week high of 35 Canadian cents, or 25 U.S. cents, in trading after the order was signed.Charlotte's Web said it will offer a set of products for patients in the program early next year. The program will be guided by Charlotte's Web's newly-formed Scientific Advisory Board, and the nonprofit Realm of Caring will provide cannabinoid therapy guidance for patients and providers.\"As the CBD market leader and a trusted partn","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4113":"食品零售","ACB":"奥罗拉大麻公司","BK4007":"制药","CBD":"Companhia Brasileira de Distribu","BK4557":"大麻股","MSOS":"AdvisorShares Pure US Cannabis ETF"},"translate_title":"夏洛特网络将在试点项目中为患有癌症的老年人提供CBD","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ACB":1.5,"CBD":1.5,"MSOS":0.6},"content_text":"By Elias Schisgall \n\n\n \n\n\n  Charlotte's Web Holdings will provide CBD to senior citizens with cancer patients through a pilot program being run by the Center for Medicare and Medicaid Innovation. \n\n\n  The hemp-based CBD wellness company said Thursday that seniors in the program will be able to get CBD reimbursed by Medicare and Medicaid. \n\n\n  The move comes after President Trump signed an executive order reclassifying marijuana as a Schedule III drug. The order is expected to increase the availability of CBD, a non-psychoactive chemical found in cannabis and hemp, for medical research. \n\n\n  Shares soared 59% to a 52-week high of 35 Canadian cents, or 25 U.S. cents, in trading after the order was signed. \n\n\n  Charlotte's Web said it will offer a set of products for patients in the program early next year. The program will be guided by Charlotte's Web's newly-formed Scientific Advisory Board, and the nonprofit Realm of Caring will provide cannabinoid therapy guidance for patients and providers. \n\n\n  \"As the CBD market leader and a trusted partner throughout the country among healthcare practitioners, this initiative marks a historic step forward, uniquely positioning Charlotte's Web to expand access to safe, non-intoxicating hemp CBD products through existing pathways,\" Charlotte's Web Chief Executive Officer Bill Morachnick said. \n\n\n \n\n\n  Write to Elias Schisgall at elias.schisgall@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  December 18, 2025 14:56 ET (19:56 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2592189570","isCrawlerRequest":true}