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Major League Baseball now allowing teams to sell CBD sponsorships

NEW YORK -- Major League Baseball teams were told Tuesday that 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, which causes psychoactive effects. A sponsor would need to be approved by the commissioner's office.