Major League Baseball teams have been told they can sell CBD sponsorships.
CBD stands for cannabidiol and is a chemical compound found naturally in cannabis plants.
The commissioner’s office informed teams that a sponsor would need to be certified by the NSF, a global health and safety organization, to ensure the CBD products do not contain THC that causes psychoactive effects. A sponsor would need to be approved by the commissioner’s office.
MLB teams have been told they can sell CBD sponsorships.Gregory P. Mango/New York PostMLB told teams of the decision to allow CBD sponsorships on Tuesday. The decision was first reported by the Sports Business Journal.