In a huge move, Major League Baseball just announced that their teams can now freely sell CBD sponsorships. A report by Terry Lefton of Sports Business Journal discussed that during a recent conference call, CBD has now been made into an “approved category” provided that they have been vetted by a testing organization and do not contain psychoactive amounts of THC. However, other leagues around the country are still not open to CBD sponsorships due to the stigma surrounding THC, though MLB was wise to see the potential of getting a share in the massively-growing CBD market.
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