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Charlotte's Web Holdings, Inc. is a market-leading innovator in hemp extract wellness products, including full-spectrum and broad-spectrum CBD options. The company offers premium quality products like CBD oil tinctures, gummies, capsules, topicals, and pet products. With a commitment to organic cultivation practices and strict quality control, Charlotte's Web is known for its botanical compounds, including CBD, CBN, CBC, CBG, and more. They have a vertically integrated business model and are the official CBD of Major League Baseball, Angel City Football Club, and the Premier Lacrosse League.
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Charlotte's Web Holdings, Inc. announces details of its upcoming 2024 Annual General and Special Meeting of Shareholders, proposing to establish six directors and elect new nominees. The meeting will be held virtually on June 13, 2024, with shareholders able to vote online. Current directors are appreciated for their contributions, with John Held not standing for reelection. Newly proposed directors include notable industry figures. The Board aims to continue its growth trajectory through strategic appointments.
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Charlotte's Web Holdings, Inc. will release its 2024 first-quarter results on May 8, 2024, followed by a conference call at 11:00 A.M. Eastern Time. Investors can join the call via phone or webcast. A replay will be available until May 15, 2024.
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Charlotte's Web Holdings, Inc. reported its financial results for Q4 and year-ended December 31, 2023, focusing on True North initiative, eCommerce platform enhancements, brand consolidation, and price adjustments. The company aims to transform the consumer journey, reinforce retail partnerships, amplify its voice, and identify cost efficiencies. Despite a decrease in revenue, Charlotte's Web maintained healthy gross margins and improved operational efficiencies. The company also introduced new products like Stay Asleep CBN gummies and reduced prices on CBD oils to enhance consumer accessibility. Financially, the company reported a net loss for Q4 2023 but showed improvements in gross profit margins and SG&A expenses.
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Charlotte's Web Holdings, Inc. launches 'Stay Asleep' CBN Gummies, a research-backed sleep formula to address poor sleep. The gummies are the first CBN sleep product supported by a rigorous peer-reviewed study, offering 20mg of CBN. Crafted under the leadership of Dr. Marcel Bonn-Miller, the gummies are non-GMO, gluten-free, kosher, and vegan-friendly, targeting the 67% of adults experiencing sleep disruptions. Priced at $29.99 for 30-count, $44.99 for 60-count, and $56.00 for 90-count, the gummies aim to revolutionize wellness by providing quality and uninterrupted sleep.
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Charlotte's Web Holdings, Inc. will release its 2023 fourth quarter and year-end results on March 21, 2024. The market leader in CBD hemp extract products invites stakeholders to join the conference call to discuss the financial performance.
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Charlotte's Web Holdings, Inc. appoints former Ben & Jerry's CEO Matthew E. McCarthy to its Board of Directors. McCarthy brings extensive experience in leading consumer-focused brands and a commitment to sustainable and ethical business practices, which aligns with Charlotte's Web's values. His background in the CPG sector, brand building, strategic planning, market analysis, and consumer engagement will be invaluable as the company expands its footprint in the wellness market.
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Charlotte's Web Holdings, Inc. (CWEB) and AJNA BioSciences PBC have announced the commencement of the First-in-Human Phase 1 clinical trial for AJA001, a full-spectrum botanical drug. The study aims to examine the safety, tolerability, pharmacokinetics, and pharmacodynamics of a full spectrum hemp oil extracted from one of Charlotte's Web's patented hemp cultivars. The study is expected to involve around 64 participants, with preliminary results expected in the first quarter of 2024. AJA001 leverages Charlotte's Web's proprietary hemp genetics and has potential therapeutic applications across various medical conditions due to its varied mechanisms of action.
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Charlotte's Web Holdings, Inc. (CWEB) advocates for CBD regulation at Capitol Hill, aiming to address supply chain bottleneck. Industry experts and advocates join the ONE HEMP coalition to provide sensible policy solutions for a safe, standardized CBD industry. The company seeks to secure committee hearings with Energy & Commerce and Senate HELP for FDA regulation of CBD products as dietary supplements.
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Charlotte's Web Holdings, Inc. (TSX: CWEB) (OTCQX: CWBHF) reported Q3 financial results and announced the appointment of new CEO Bill Morachnick. The CEO aims to streamline the organization, upgrade operational platforms, and improve the e-commerce experience. The company is also part of ONE HEMP, a coalition advocating for sensible dietary supplement regulation for CBD products. Charlotte's Web has made progress with in-house production of topical products and gummies, and has seen significant exposure through partnerships with professional sports leagues.
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Charlotte's Web appoints Angela McElwee, former CEO of Gaia Herbs, to Board of Directors
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FAQ
What is the current stock price of CHARLOTTES WEB HLDGS (CWBHF)?
The current stock price of CHARLOTTES WEB HLDGS (CWBHF) is $0.10656 as of December 20, 2024.
What is the market cap of CHARLOTTES WEB HLDGS (CWBHF)?
The market cap of CHARLOTTES WEB HLDGS (CWBHF) is approximately 18.8M.
What products does Charlotte's Web Holdings, Inc. offer?
Charlotte's Web offers a range of hemp extract wellness products, including CBD oil tinctures, gummies, capsules, topicals, and pet products.
What sets Charlotte's Web apart?
Charlotte's Web stands out for their premium quality products, proprietary hemp genetics, organic cultivation practices, and stringent quality control measures.
What makes Charlotte's Web products unique?
The products from Charlotte's Web contain naturally occurring botanical compounds like CBD, CBN, CBC, CBG, terpenes, and flavonoids, offering a comprehensive wellness solution.
Are Charlotte's Web products tested for quality?
Yes, Charlotte's Web products undergo rigorous analytic testing from soil to shelf to ensure the highest quality and consistency for consumers.
What partnerships does Charlotte's Web have?
Charlotte's Web is the official CBD of Major League Baseball, Angel City Football Club, and the Premier Lacrosse League, showcasing their credibility and trust in the industry.
Where can I purchase Charlotte's Web products?
Charlotte's Web products are available through retailers, health care practitioners, and online on the company's website at www.charlottesweb.com.
CHARLOTTES WEB HLDGS INC
OTC:CWBHF
CWBHF Rankings
CWBHF Stock Data
18.77M
144.05M
11.24%
3.21%
Drug Manufacturers - Specialty & Generic
Healthcare
United States of America
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