British American Tobacco completed the $57m investment in Charlotte's Web.

British American Tobacco, a British multinational company that manufactures and sells cigarettes, tobacco and other nicotine products, completed the $57m investment in Charlotte's Web, a provider of innovative hemp extract wellness products. "This Investment will provide Charlotte's Web with funding that we anticipate will help unlock deeper and broader research and development that is key to our continued innovation, global footprint, and the advancement of our intellectual property portfolio," Jacques Tortoroli, Charlotte's Web CEO.