MLB Approves CBD Sponsorship Contracts for Team Jersey Patches, More

Major League Baseball has officially approved CBD sponsorships for team jersey patches and more, it was announced during a conference call Tuesday, according to Terry Lofton of Sports Business Journal.

That said, CBD sponsorships can only be sold if the company is certified by the National Sanitation Foundation. The company's CBD products cannot contain psychoactive levels of THC, which is the main compound found in cannabis.

This article will be updated soon to provide more information and analysis.

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