DENVER , Aug. 2, 2022
/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
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. Eastern Time. To participate in the
call, please dial 1-416-764-8659 or 1-888-664-6392 approximately 10
minutes before the conference call and provide confirmation number
48399638 or listen to the live webcast online.
Earnings Call Replay
A recording of the call will be available through August 16, 2022. To listen to a replay of the
earnings call please dial 1-416-764-8677 or 1-888-390-0541 and
provide conference replay ID 399638. A webcast of the call will
also be accessible through the investor relations section of the
Company's website for an extended period of time.
Subscribe to Charlotte's Web investor news.
About Charlotte's Web Holdings,
Inc.
Charlotte's Web Holdings, Inc., 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 American
farm -grown using organic and regenerative cultivation practices.
The Company's hemp extracts have naturally occurring botanical
compounds including cannabidiol ("CBD"), CBC, CBG, terpenes,
flavonoids, and other beneficial compounds. The Company's CW Labs
R&D division advances hemp science at a center of excellence in
Louisville, Colorado. 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 with 20+ product lot testing for quality
assurance. Charlotte's Web products are distributed to more than
15,000 retail, over 8,000 health care practitioners, and online
through the Company's website at https://www.charlottesweb.com/.
Charlotte's Web's mission is "To unleash the healing powers of
botanicals with compassion and science, benefitting the planet and
all who live upon it."
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.
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, 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.com. 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.
Charlotte's Web Holdings,
Inc.
THE WORLD'S MOST TRUSTED HEMP EXTRACT™
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SOURCE Charlotte's Web Holdings, Inc.