DENVER and LONDON, Jan. 27,
2022 /PRNewswire/ - (TSX: CWEB) (OTCQX: CWBHF)
Charlotte's Web Holdings, Inc. ("Charlotte's Web," or the
"Company"), the market leader in full spectrum cannabidiol ("CBD")
hemp extract wellness products, has named Jade Proudman, the Chief Executive Officer of
Savage Cabbage, one of the oldest and most trusted CBD companies in
the UK, as a Global Brand Ambassador for Charlotte's Web.
As the founder and CEO of London-based Savage Cabbage, Jade Proudman has become one of the UK's leading
CBD advocates, serving an established customer base of over 9,000
wellness seekers in over 44 countries around the world, recently
expanding further within Europe.
Mrs. Proudman credits Charlotte's Web with "saving her life" and
has been helping others access the benefits of cannabinoid therapy
through her work ever since. "I really credit Joel Stanley and the brothers with everything.
They've transformed so many lives through these products and I just
want to help carry the torch as we educate the world on the
benefits of cannabinoid therapy to live a better life through
nature," said Mrs. Proudman.
Savage Cabbage is a Member of EIHA (European Industrial Hemp
Association) and has been the official UK distributor of
world-famous Charlotte's Web hemp CBD oil since 2016. Savage
Cabbage has been an advocate of whole plant, full spectrum products
that contain all the beneficial compounds that exist in the hemp
plant as well as CBD. Savage Cabbage distributes Charlotte's Web
full spectrum CBD oils in the UK in alignment with its three
founding pillars: Quality, Consistency and Reliability.
"For over six years, Jade has relentlessly focused on helping
consumers in the UK and across Europe access the power of Charlotte's Web.
She has been a sister in this focus, and I can think of no better
person to support our brands around the world than Jade," said
Charlotte's Web CEO, Jacques
Tortoroli. "We are delighted to have Jade Proudman as the face of the brand in the UK
and Europe while she continues her
work united with the mission of the Stanley Brothers; providing
access to cannabinoid therapy for all that need it."
Charlotte's Web was founded by the seven Stanley Brothers in
2013 when they famously developed a unique CBD hemp extract to help
a little girl (Charlotte Figi) in
need, and forever changed global perceptions around the wellness
benefits of hemp. With its storied origins, Colorado-based Charlotte's Web is widely
recognized around the world as "The World's Most Trusted Hemp
Extract".
About Savage Cabbage
A trusted provider of hemp,
health and wellness, Savage Cabbage CBD is one of the oldest CBD
companies in the UK. Savage Cabbage offers full spectrum hemp
oils containing a full array of CBD and other beneficial hemp
compounds to offer the Entourage Effect and offer one of the best
value full spectrum CBD oils in the UK.
About Charlotte's Web Holdings, Inc.
Charlotte's Web
Holdings, Inc. (TSX: CWEB) (OTCQX: CWBHF), a Certified B
Corporation headquartered in Denver, is the market leader in innovative
hemp extract wellness products under a family of brands which
includes Charlotte's Web™, CBD Medic™, CBD Clinic™, and Harmony
Hemp™. Charlotte's Web branded premium quality products start with
proprietary hemp genetics that are 100-percent American farm grown
and manufactured into hemp extracts containing naturally
occurring phytocannabinoids including cannabidiol
("CBD"), CBC, CBG, terpenes, flavonoids, and other
beneficial hemp compounds. The Company's CW Labs R&D
division, advances hemp science at two centers of excellence in
Louisville, Colorado, and the
Hauptmann Woodward Research Institute at the University at Buffalo, part of the State University of New York (SUNY) network. Charlotte's Web product categories
include full-spectrum hemp CBD oil tinctures (liquid products), CBD
gummies (sleep, stress, exercise recovery), CBD capsules, CBD
topical creams and lotions, as well as CBD pet products for
dogs. Through its vertically integrated business model,
Charlotte's Web maintains stringent control over product quality
and consistency. Charlotte's Web products are distributed to more
than 14,000 retail, over 8,000 health care practitioners, and
online through the Company's website at www.CharlottesWeb.com.
Charlotte's Web is a science-driven and a socially and
environmentally conscious company. It is committed to using
business as a force for good and a catalyst for innovation.
Charlotte's Web donates a portion of its pre-tax earnings to
numerous charitable organizations in support of the greater
good.
Charlotte's Web was founded by the seven Stanley Brothers with a
mission to unleash the healing powers of botanicals through
compassion and science, benefiting the planet and all who live upon
it. Charlotte's Web is a socially and environmentally
conscious company and is committed to using business as a force for
good and a catalyst for innovation. The Company weighs sound
business decisions with consideration for how its efforts affect
employees, customers, the environment, and diverse communities. The
rate the Company pays for agricultural products reflects a fair and
sustainable rate driving higher quality yield, encouraging
regenerative farming practices, and supporting U.S. farming
communities. Management believes that its socially oriented and
environmentally responsible actions have a positive impact on its
customers, suppliers, employees and stakeholders. Charlotte's Web
donates a portion of its pre-tax earnings to charitable
organizations.
Forward-Looking Information
Certain information in this news release constitutes
forward-looking statements and forward-looking information
(collectively, "forward-looking information"). In some cases, but
not necessarily in all cases, forward looking information can be
identified by the use of forward-looking terminology such as
"plans", "targets", "expects" or "does not expect", "is expected",
"an opportunity exists", "is positioned", "estimates", "intends",
"assumes", "anticipates" or "does not anticipate" or "believes", or
variations of such words and phrases or state that certain
actions, events or results "may", "could", "would", "might", "will"
or "will be taken", "occur" or "be achieved". In addition, any
statements that refer to expectations, projections or other
characterizations of future events or circumstances contain
forward-looking information. Specifically, this news release
contains forward-looking information relating to the Company's
expansion activities and growth strategy; the Company's
expectations regarding future cash flow and its financial position;
the results of cost saving efforts; the impact and results of the
Company's reorganization; market share expectations; and impacts of
regulatory changes.
Statements containing forward-looking information are not
historical facts but instead represent management's current
expectations, estimates and projections regarding the future of
our business, future plans, strategies, projections, anticipated
events and trends, the economy and other future conditions.
Forward-looking information is necessarily based on a number of
opinions, assumptions and estimates that, while considered
reasonable by the Company as of the date of this news release, are
subject to known and unknown risks, uncertainties, assumptions and
other factors that may cause the actual results, level of activity,
performance or achievements to be materially different from those
expressed or implied by such forward-looking information. Important
factors that could cause actual results and financial condition to
differ materially from those indicated in the forward-looking
information include, among others, economic and financial
conditions, consumer trends, supply assumptions and the factors
discussed throughout the "Risk Factors" section of the Company's
most recently filed annual information form available on
www.SEDAR.com and in the Company's most recently filed Form 10, as
amended, and other filings with the Securities and Exchange
Commission available on www.SEC.gov. Except as required by
applicable securities laws, the Company undertakes no obligation to
publicly update any forward-looking information, whether written or
oral, that may be made from time to time, whether as a result of
new information, future developments or otherwise.
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SOURCE Charlotte's Web Holdings, Inc.