Watch out Beverage fans! CBD product maker Charlotte's Web Holdings has signed a distribution agreement with major liquor distributor Southern Glazer's Wine & Spirits.
The Denver-based company said in a news release, "This distribution agreement brings together America's leading CBD brand with America's leading wine and spirits beverage distribution company."
Southern Glazer's is privately held and operates in 44 U.S. states and Washington D.C., as well as in Canada.
“Southern Glazer’s large-scale distribution within food and beverage, specialty beer, wine and spirits retail, hospitality and big box retail addresses consumer demand for wellness options in this category,” Charlotte’s Web CEO Jacques Tortoroli said in a statement.
This isn't the first CBD deal for Miami-based Southern Glazer's, as they've also signed deals with Tilray Brands and Canopy Growth Corp.
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