CWEB

Charlotte’s Web Holdings Inc

CBD Industry Leader Charlotte's Web Joins Historic Alliance ONE HEMP to Support FDA Regulation

CBD Industry Leader Charlotte’s Web Joins Historic Alliance ONE HEMP to Support FDA Regulation

ONE HEMP Takes Landmark Step in Engaging Congress and FDA; Unveils Groundbreaking CBD Safety Study LOUISVILLE, Colo., Sept. 19, 2023 - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc. ("Charlotte's Web"), the industry pioneer and market leader in hemp-derived cannabidiol (CBD) products is proud to announce its founding membership... Read More...
Charlotte's Web Announces Appointment of Bill Morachnick as Chief Executive Officer

Charlotte’s Web Announces Appointment of Bill Morachnick as Chief Executive Officer

Provides Update on Majority Voting Policy Process LOUISVILLE, Colo., Sept. 13, 2023 - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc. ("Charlotte's Web" or the "Company") is pleased to announce the appointment of William (Bill) Morachnick who has joined the Company as its Chief Executive Officer. Mr. Morachnick has also been app... Read More...
Charlotte's Web Reports 2023 Second Quarter Financial Results

Charlotte’s Web Reports 2023 Second Quarter Financial Results

Encouraging CBD regulatory progress in CongressNet revenue of $16.0M vs. $18.9M YoYCash increased to $61.7M LOUISVILLE, Colo., Aug. 10, 2023 - (TSX: CWEB) (OTCQX: CWBHF), Charlotte's Web Holdings, Inc. ("Charlotte's Web"), the market leader in full spectrum hemp extract wellness products, today reported financial results for the second qu... Read More...
Charlotte's Web Expands ReCreate™ Brand Further Cementing the Intersection of CBD in Sports, Paving the Way for Industry Transformation

Charlotte’s Web Expands ReCreate™ Brand Further Cementing the Intersection of CBD in Sports, Paving the Way for Industry Transformation

Unveiling four broad-spectrum CBD gummies with functional botanicalsDENVER, July 11, 2023 - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc. ("Charlotte's Web"), the market leader in hemp-derived CBD products, continues to innovate and expand its footprint with ReCreate™, the Company's lifestyle and botanical wellness brand focus... Read More...
Charlotte's Web Announces Shareholder Meeting Voting Results and Re-Election of Board Members

Charlotte’s Web Announces Shareholder Meeting Voting Results and Re-Election of Board Members

DENVER, June 16, 2023 - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc. ("Charlotte's Web" or the "Company") is pleased to announce the results from its 2023 annual general meeting of Company shareholders (the "Shareholders") held on June 15, 2023 via live audio webcast (the "Meeting"). At the Meeting, each of the incumbent dire... Read More...
Charlotte's Web Comments on Letter from Joel and Jesse Stanley

Charlotte’s Web Comments on Letter from Joel and Jesse Stanley

The Board of Directors, as well as Institutional Shareholder Services ("ISS") and Glass Lewis and ‎Co., LLC ("Glass Lewis"), recommend that shareholders vote "FOR" ‎each of the Company's ‎nominees for election to the Board at the upcoming Annual Meeting. LOUISVILLE, Colo., June 13, 2023 - (TSX: CWEB) (OTCQX: CWBHF), Charlotte's Web Holdi... Read More...
Charlotte's Web Reports 2023 First Quarter Financial Results

Charlotte’s Web Reports 2023 First Quarter Financial Results

Net cash of $61MNet revenue of $17M decreased 12.1% YoY14% YoY reduction in operating expenses LOUISVILLE, Colo., May 12, 2023 - (TSX: CWEB) (OTCQX: CWBHF), Charlotte's Web Holdings, Inc. ("Charlotte's Web"), the market leader in full spectrum hemp extract wellness products, today reported financial results for the first quarter ended Mar... Read More...
Charlotte's Web Expands Distribution with America's Largest National Distributor in Pet Specialty, Phillips Pet Food & Supplies

Charlotte’s Web Expands Distribution with America’s Largest National Distributor in Pet Specialty, Phillips Pet Food & Supplies

LOUISVILLE, Colo., May 1, 2023 - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc. ("Charlotte's Web"), the market leader in cannabidiol ("CBD") hemp extract wellness products is pleased to add Phillips Pet Food & Supplies ("Phillips"), America's largest distributor in the pet specialty retail channel, covering more than 6,000... Read More...
Charlotte's Web CBD Catches Excitement with New Botanical Lifestyle Brand, ReCreate™

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

Designed for young and active wellness seekers, ReCreate is formulated fromNSF-certified broad spectrum hemp CBD extracts DENVER, April 18, 2023 - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc. ("Charlotte's Web"), the market leader in cannabidiol ("CBD") hemp extract wellness products is strategically expanding its portfolio o... Read More...
Charlotte's Web forms Joint Venture with BAT and AJNA BioSciences to Seek FDA-Approval for Proprietary Full Spectrum Hemp Extract Botanical Drug

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

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 - (TSX: CWEB) (OTCQX: CWBHF), Charlotte's Web Holdings, Inc. ("Charlotte's Web," "CW"), the market leader in full-spectrum hemp extract ... Read More...
Charlotte's Web Reports 2022 Fourth Quarter And Year-End Financial Results

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

28% reduction in 12-month operating expenses Net cash of $67M at December 31, 2022 LOUISVILLE, Colo., March 23, 2023 - (TSX: CWEB) (OTCQX: CWBHF), Charlotte's Web Holdings, Inc. ("Charlotte's Web"), the market leader in full spectrum hemp extract wellness products, today reported financial results for the fourth quarter and year ended Dec... Read More...
Charlotte's Web Appoints Jonathan P. Atwood to its Board of Directors

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

DENVER, March 14, 2023 - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc. ("Charlotte's Web"), the market leader in cannabidiol ("CBD") hemp extract wellness products is pleased to announce the appointment of Mr. Jonathan P. Atwood to the Company's board of directors (the "Board"). Mr. Atwood brings extensive senior executive exp... Read More...
Charlotte's Web Appoints Marcel Bonn-Miller Ph.D. as Chief Scientific Officer

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

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

Charlotte’s Web Appoints Jessica Saxton as Chief Financial Officer

Bringing Financial Experience in CPG Markets DENVER, Dec. 19, 2022 - Charlotte's Web Holdings, Inc. ("Charlotte's Web") (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 hel... Read More...
Charlotte's Web Appoints Digital Marketing Executive, Alicia Morga, to Board of Directors

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

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

Charlotte’s Web Reports 2022 Third Quarter Financial Results

Operating Expenses improved 38%Cash increase over Q2 of 2022 DENVER, Nov. 14, 2022 - (TSX: CWEB) (OTCQX: CWBHF), Charlotte's Web Holdings, Inc. ("Charlotte's Web"), 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 pro... Read More...
Charlotte's Web to Present at Jefferies London Healthcare Conference

Charlotte’s Web to Present at Jefferies London Healthcare Conference

DENVER, Nov. 14, 2022 - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc. ("Charlotte's Web"), the market leader in cannabidiol (CBD) hemp extract wellness products, today announced that the Company's Chief Executive Officer, Jacques Tortoroli, and Chief Operating Officer, Jared Stanley, will present at the Jefferies London Health... Read More...
Charlotte's Web Signs European Specialty Distributor Stark Foods International

Charlotte’s Web Signs European Specialty Distributor Stark Foods International

DENVER, Nov. 10, 2022 - (TSX:CWEB, OTCQX:CWBHF) Charlotte's Web Holdings, Inc. ("Charlotte's Web"), the market leader in cannabidiol ("CBD") hemp extract wellness products, is pleased to announce a new distribution agreement with Stark Foods International, a distributor of European specialty food and beauty products to grocery and retail.... Read More...
Charlotte's Web Enters Strategic Alliance with Tilray for Manufacturing and Distribution in Canada

Charlotte’s Web Enters Strategic Alliance with Tilray for Manufacturing and Distribution in Canada

Charlotte's Web proprietary full spectrum hemp CBD products available across Canada in 2023 DENVER and LEAMINGTON, ON, Nov. 2, 2022 - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc. ("Charlotte's Web"), the market leader in cannabidiol ("CBD") hemp extract wellness products, and Tilray Brands, Inc. ("Tilray") (Nasdaq: TLRY) (TSX... Read More...
Charlotte's Web Q3-2022 Earnings Call and Webcast Notice

Charlotte’s Web Q3-2022 Earnings Call and Webcast Notice

DENVER, Oct. 28, 2022 - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc. ("Charlotte's Web"), the market leader in cannabidiol (CBD) hemp extract wellness products, will report its third-quarter financial results the morning of November 9, 2022. A conference call to discuss the results is scheduled for the same day at 11:00 a.m. ... Read More...
Charlotte's Web Full Spectrum Hemp CBD Products Launching Nationwide on Gopuff

Charlotte’s Web Full Spectrum Hemp CBD Products Launching Nationwide on Gopuff

America's leading CBD products now available for instant delivery with Gopuff DENVER, Oct. 4, 2022 - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc. ("Charlotte's Web," "CW"), the market leader in full-spectrum hemp extract CBD products, today announced a national distribution partnership with Gopuff, the go-to platform for imme... Read More...
Charlotte's Web Signs Distribution Agreement with Southern Glazer's Wine & Spirits

Charlotte’s Web Signs Distribution Agreement with Southern Glazer’s Wine & Spirits

Charlotte's Web Full Spectrum CBD Hemp Extracts Coming to Leading U.S. Spirits DistributorDENVER, Sept. 26, 2022 - (TSX: CWEB) ( OTCQX: CWBHF) Charlotte's Web Holdings, Inc. ("Charlotte's Web"), the market leader in hemp-derived cannabidiol ("CBD') extract wellness products, has signed a multi-year distribution agreement with Southern Gla... Read More...
Charlotte's Web Reveals Premium Sports Product Line Undergoing NSF's Certification Process

Charlotte’s Web Reveals Premium Sports Product Line Undergoing NSF’s Certification Process

Natural Wellness Options for Support of Recovery, Focus, and Sleep DENVER, Aug. 11, 2022 - (TSX: CWEB) (OTC: CWBHF) Charlotte's Web Holdings, Inc. ("Charlotte's Web," "CW"), the market leader in full-spectrum hemp extract CBD products, today announced plans to unveil a product line catering to the sports vertical. The products are curren... Read More...
Charlotte's Web Engages Hanson Faso Sales and Marketing, Inc. for the Central United States

Charlotte’s Web Engages Hanson Faso Sales and Marketing, Inc. for the Central United States

DENVER, Aug. 9, 2022 - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc. ("Charlotte's Web," "CW"), the market leader in full-spectrum hemp-derived CBD products, is expanding in the central United States in partnership with Hanson Faso Sales and Marketing Inc. ("Hanson Faso"), leading brokers in the sales and marketing of specialt... Read More...
Charlotte's Web Q2-2022 Earnings Call and Webcast Notice

Charlotte’s Web Q2-2022 Earnings Call and Webcast Notice

DENVER , Aug. 2, 2022 - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc. ("Charlotte's Web"), the market leader in cannabidiol (CBD) hemp extract wellness products, will report its second-quarter financial results the morning of August 9, 2022. A conference call to discuss the results is scheduled for the same day at 10:00 a.m. E... Read More...
Charlotte's Web Enters Employee Health Benefits Channel in Partnership with SBM, LLC.

Charlotte’s Web Enters Employee Health Benefits Channel in Partnership with SBM, LLC.

Launching Hemp CBD Wellness Benefits is an Industry First DENVER, July 12, 2022 - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc. ("Charlotte's Web," "CW"), the market leader in full-spectrum hemp extract CBD products, is the first company to achieve formulary approval and inclusion of its products in SBM LLC's exclusive employe... Read More...
Charlotte's Web Full Spectrum "Original Formula" CBD Validated in UK Food Standards Agency Novel Foods Evaluation Process

Charlotte’s Web Full Spectrum “Original Formula” CBD Validated in UK Food Standards Agency Novel Foods Evaluation Process

Enters Safety Assessment Phase to Await Approval DENVER, July 1, 2022 - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc., ("Charlotte's Web"), the market leader in full-spectrum cannabidiol ("CBD") hemp extract wellness products, has passed validation in its Novel Food applications from the Food Standards Agency ("FSA") in the Un... Read More...
Massage Envy Enhances Massage and Skin Care Portfolio With CBD Offerings From Charlotte's Web, The World's Most Trusted Hemp Extract™

Massage Envy Enhances Massage and Skin Care Portfolio With CBD Offerings From Charlotte’s Web, The World’s Most Trusted Hemp Extract™

CBD Clinic™ topicals are designed exclusively for health care practitioners, and are developed, formulated and manufactured to Charlotte's Web's high-quality standards.  Massage Envy customers may now choose to enhance their massage with either CBD Clinic Relax Massage Cream or Unscented Massage Cream, which are composed of plant-based ... Read More...
Charlotte's Web Appoints Greg Gould Chief Financial Officer and Chief Administration Officer

Charlotte’s Web Appoints Greg Gould Chief Financial Officer and Chief Administration Officer

Greg Gould is a senior finance executive with more than two decades of experience in Chief Financial Officer roles, leading multiple small and medium-sized businesses within the natural wellness and biopharmaceutical sectors. Mr. Gould brings significant financial and operational experience from both publicly traded and privately held co... Read More...
Charlotte's Web Appoints Energy Hemp Biotechnology Ltd. for Distribution in the Greater China Region

Charlotte’s Web Appoints Energy Hemp Biotechnology Ltd. for Distribution in the Greater China Region

Exclusive Agreement to support Chinese interest in hemp extracts DENVER, Colo. and HONG KONG, June 16, 2022 - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc. ("Charlotte's Web," "CW"), America's market leader in full-spectrum hemp extract CBD products, has signed an exclusive distribution agreement (the "Agreement") with Energy ... Read More...
Clinical Studies Support Charlotte's Web CBD Clinic™ Topicals as Safe for Massage and Frequent Use

Clinical Studies Support Charlotte’s Web CBD Clinic™ Topicals as Safe for Massage and Frequent Use

Clinical Safety Testing (CBD Clinic™ Relax Massage Cream) – Repeated Insult Patch test Clinical Safety Testing (CBD Clinic™ Relax Massage Cream) – A five-week 60 subject clinical study The research found that high-frequency repeated use, typical with massage therapists, of Charlotte's Web CBD Clinic™ massage products did not lead to sys... Read More...
Charlotte's Web Reports Second Cohort of CBD Safety Study Finds Zero Liver Toxicity and No Drowsiness

Charlotte’s Web Reports Second Cohort of CBD Safety Study Finds Zero Liver Toxicity and No Drowsiness

 Two human safety studies provide evidence that further addresses FDA's requests for liver safety data DENVER, May 17, 2022 - (TSX: CWEB) (OTCQX: CWBHF) – Charlotte's Web Holdings, Inc. ("Charlotte's Web"), the science-driven CBD industry pioneer and global market leader, today shared the conclusions of the combined first and second coho... Read More...
Charlotte's Web Delivers Operating Improvements on Lower Revenue in First Quarter of 2022

Charlotte’s Web Delivers Operating Improvements on Lower Revenue in First Quarter of 2022

Revenue decrease largely due to lower eCommerce traffic14.4% reduction in Operating ExpensesSignificant improvements in Operating Cash FlowEBITDA(1) improved by $3.5 million DENVER, May 16, 2022 - (TSX: CWEB) (OTCQX: CWBHF), Charlotte's Web Holdings, Inc. ("Charlotte's Web"), the market leader in full-spectrum hemp extract wellness produc... Read More...
Charlotte's Web Announces Management Appointments in Finance and Operations

Charlotte’s Web Announces Management Appointments in Finance and Operations

DENVER, April 25, 2022 - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc., ("Charlotte's Web"), the market leader in full-spectrum cannabidiol ("CBD") hemp extract wellness products, today announced management changes in finance and operations. Charlotte's Web Board of Directors has appointed Lindsey Jensen as Chief Financial Off... Read More...