Charlotte's Web Holdings, Inc.

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Charlotte's Web Holdings, Inc. engages in the business of farming, manufacturing, selling, and marketing hemp-derived cannabidiol wellness products. The firm is also involved in marketing innovative hemp extract wellness products under a family of brands which includes Charlotte’s Web, ReCreate, CBD Medic, and CBD Clinic. The company was founded by Jesse Stanley, Joel Stanley, and Jared Stanley on December 3, 2013 and is headquartered in Louisville, CO.

DENVER, April 18, 2023 /PRNewswire/ - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc. ("Charlotte's Web" or the "Company"), the market leader in cannabidiol ("CBD") hemp extract wellness products is strategically expanding its portfolio of brands with the introduction of ReCreate™, a mainstream lifestyle destination for Millennials and GenZers with attractively priced broad-spectrum products that leverage the scientific rigor, quality, and transparency that Charlotte's Web is renowned for. With a focus on meeting the needs of younger consumers who value natural wellness solutions, ReCreate increases access to NSF-certified broad-spectrum CBD and functional botanical products versus synthetic cannabinoid and isolate CBD options.

Charlotte's Web CBD Catches Excitement with New Botanical Lifestyle Brand, ReCreate™

British American Tobacco

BAT acquires 20% stake for US$10 million, with Charlotte's Web and AJNA each owning 40% Renowned neurologist Dr. Orrin Devinsky, Chief Medical Advisor for AJNA, to lead the project DENVER , April 6, 2023 /PRNewswire/ - (TSX: CWEB) (OTCQX: CWBHF), Charlotte's Web Holdings, Inc. ("Charlotte's Web," "CW" or the "Company"), the market leader in full-spectrum hemp extract wellness products, today announced it has formed a joint venture (the "JV") with AJNA BioSciences PBC ("AJNA"), a botanical drug development company focused on mental health and neurological disorders , and a subsidiary of British American Tobacco PLC (LSE: BATS and NYSE: BTI) ("BAT"), which is contributing US$10 million as the JV's initial investor. AJNA is partially owned and was co-founded by its president, Joel Stanley, the former CEO and Chairman of the board of Charlotte's Web, together with certain other founding members of CW.

Charlotte's Web forms Joint Venture with BAT and AJNA BioSciences to Seek FDA-Approval for Proprietary Full Spectrum Hemp Extract Botanical Drug

LOUISVILLE, Colo. , April 4, 2023 /PRNewswire/ - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc. ("Charlotte's Web" or the "Company"), the market leader in cannabidiol ("CBD") hemp extract wellness products is pleased to announce the appointment of Andrew Shafer as its Chief Marketing Officer (CMO).

Charlotte's Web Appoints Andrew Shafer as Chief Marketing Officer

Charlotte's Web Holdings, Inc. (OTCQX:CWBHF) Q4 2022 Earnings Conference Call March 23, 2023 11:00 AM ET Company Participants Cory Pala - Director, Investor Relations Jacques Tortoroli - Chief Executive Officer Jessica Saxton - Chief Financial Officer Jared Stanley - Chief Operating Officer Conference Call Participants Derek Dley - Canaccord Genuity Scott Fortune - ROTH MKM Partners Operator Good morning, ladies and gentlemen, and welcome to the Charlotte's Web Holdings, Inc. 2022 Fourth Quarter Conference Call. [Operator Instructions] This call is being recorded today on March 23, Thursday, 2023.

Charlotte's Web Holdings, Inc. (CWBHF) Q4 2022 Earnings Call Transcript

28% reduction in 12-month operating expenses Net cash of $67M at December 31, 2022 LOUISVILLE, Colo. , March 23, 2023 /PRNewswire/ - (TSX: CWEB) (OTCQX: CWBHF), Charlotte's Web Holdings, Inc. ("Charlotte's Web" or the "Company"), the market leader in full spectrum hemp extract wellness products, today reported financial results for the fourth quarter and year ended December 31, 2022.

Charlotte's Web Reports 2022 Fourth Quarter And Year-End Financial Results

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DENVER , March 14, 2023 /PRNewswire/ - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc. ("Charlotte's Web" or the "Company"), the market leader in cannabidiol ("CBD") hemp extract wellness products is pleased to announce the appointment of Mr. Jonathan P.

Charlotte's Web Appoints Jonathan P. Atwood to its Board of Directors

Over a decade ago, Charlotte's Web created the CBD category and despite a roller coaster in the market, they remain the category leader today. As the category leader, they view it as their job to educate the industry and the general public on the benefits of CBD.

Why Charlotte's Web Partnered With Major League Baseball To Educate The World About CBD

DENVER , March 9, 2023 /PRNewswire/ - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc. ("Charlotte's Web" or the "Company"), the market leader in cannabidiol (CBD) hemp extract wellness products, will report its fourth-quarter and year-end financial results before markets open on March 23, 2023. A conference call to discuss the results is scheduled for the same day at 11:00 a.m.

Charlotte's Web Q4-2022 Earnings Call and Webcast Notice

Dr. Bonn-Miller to lead clinical science supporting product development, CBD regulation, alternative botanical wellness DENVER , March 8, 2023 /PRNewswire/ - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc. ("Charlotte's Web" or the "Company"), the market leader in cannabidiol ("CBD") hemp extract wellness products has appointed Dr. Marcel Bonn-Miller, Ph.D. as its Chief Scientific Officer.

Charlotte's Web Appoints Marcel Bonn-Miller Ph.D. as Chief Scientific Officer

Charlotte's Web signed an impressive deal with BAT providing the company with the cash to invest in developing the CBD market. The company now has over $70 million to invest in expanding internationally and fully developing the MLB partnership.

Charlotte's Web: Well Positioned In A Tough CBD Market

DENVER , Jan. 27, 2023 /PRNewswire/ - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc. ("Charlotte's Web" or the "Company"), the market leader in cannabidiol ("CBD") hemp extract wellness products issues the following statement regarding the FDA's January 26 th press announcement: Charlotte's Web is encouraged that the Administration has agreed that it is necessary for Congress to act for the regulation of hemp-derived cannabidiol ("CBD"). The FDA position has taken four years to come together, while the CBD industry has matured without a clear regulatory pathway for CBD products that are already available for sale in all 50 states and consumed safely by millions of Americans.

Charlotte's Web Issues Statement on Hemp CBD Regulation

B ring ing F inancial Experience in CPG Markets DENVER , Dec. 19, 2022 /PRNewswire/ - Charlotte's Web Holdings, Inc. ("Charlotte's Web" or the "Company") (TSX: CWEB) (OTCQX: CWBHF), the market leader in hemp CBD extract products, is pleased to announce that Jessica Saxton has joined the Company as Chief Financial Officer (CFO) effective January 1, 2023. Ms. Saxton has held senior finance positions with some of America's leading companies including Anheuser-Busch InBev, General Motors, and Owens Corning.

Charlotte's Web Appoints Jessica Saxton as Chief Financial Officer

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Bringing digital transformation and e-commerce expertise with a background in legal, venture capital and private equity DENVER , Dec. 7, 2022 /PRNewswire/ - Charlotte's Web Holdings, Inc. ("Charlotte's Web" or the "Company") (TSX: CWEB) (OTCQX: CWBHF), the market leader in hemp CBD extract products, announces the appointment of Alicia Morga to its Board of Directors. Ms.

Charlotte's Web Appoints Digital Marketing Executive, Alicia Morga, to Board of Directors

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Charlotte's Web is starting to turn things around, but it'll take time for the various initiatives to take full effect. Driving more customers to its e-commerce site is vital to improve its top and bottom lines.

Charlotte's Web: Patience Should Reward Long-Term Shareholders

Charlotte's Web Holdings, Inc. (OTCQX:CWBHF) Q3 2022 Results Conference Call November 15, 2022 10:00 AM ET Company Participants Cory Pala - Director, Investor Relations Jacques Tortoroli - Chief Executive Officer Greg Gould - Chief Financial Officer Jared Stanley - Chief Operating Officer Conference Call Participants Harrison Vivas - Cowen Scott Fortune - ROTH Capital Partners Derek Dley - Canaccord Genuity Pablo Zunk - Cantor Fitzgerald Chris Damas - BCMI Research Operator Good morning, ladies and gentlemen, and welcome to Charlotte's Web Holdings Inc. Third Quarter Conference Call. At this time, all lines are in listen-only mode.

Charlotte's Web Holdings, Inc. (CWBHF) Q3 2022 Earnings Call Transcript

CBD medicine specialist Charlotte's Web Holdings Inc. CWBHF, +2.29% CWEB, +2.30% shares rose 2.3% on Tuesday after it agreed to issue $56.8 million in convertible debentures to British American Tobacco Plc BTI, +0.39% BATS, -0.83% (BAT). The debenture is currently convertible into a non-controlling equity stake in Charlotte's Web of about 19.9% and is convertible at the discretion of British American Tobacco, the company said.

Charlotte's Web gets investment from British American Tobacco

British American Tobacco PLC (LSE:BATS) revealed late on Monday that invested £48mln (US$58.6mln) in US cannabidiol (CBD) specialist, Charlotte's Web Holdings, which analysts said was "interesting" and potentially "significant". The investment was made via a convertible debenture which could result in FTSE 100-listed BAT holding a 20% stake.

British American Tobacco invests in CBD specialist Charlotte's Web

Investment Will Help Drive Growth and Deepen R&D DENVER , Nov. 15, 2022 /PRNewswire/ - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc. ("Charlotte's Web," or the "Company") the market leader in hemp-derived cannabidiol ("CBD") wellness products, today announced a US$56.8 million investment (the "Investment") from a subsidiary of BAT (LSE: BATS) and (NYSE: BTI), which provides the Company with incremental capital to fund growth initiatives, including the Company's expanding portfolio of botanical wellness products. BAT's Investment has been made via a convertible debenture in the amount of US$56.8 million.

Charlotte's Web Announces US$56.8 Million Investment from BAT

Operating Expenses improved 38% Cash increase over Q2 of 2022 DENVER , Nov. 14, 2022 /PRNewswire/ - (TSX: CWEB) (OTCQX: CWBHF), Charlotte's Web Holdings, Inc. ("Charlotte's Web" or the "Company"), the market leader in full-spectrum hemp extract wellness products, today reported financial results for the third quarter ended September 30, 2022. "We've made significant progress this year realigning resources to strengthen Charlotte's Web for long-term growth by executing on our strategic imperatives around innovation, expanding channels and distribution, growing our international presence, and furthering potential FDA pathways," Jacques Tortoroli, Chief Executive Officer of Charlotte's Web, said.

News for Charlotte's Web Holdings, Inc. Stock (CWBHF)