DENVER, Nov. 7, 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,
notifies its stakeholders that due to unexpected scheduling
conflicts, it has rescheduled the reporting dates for its
third-quarter financial results and analyst call.
Charlotte's Web will issue its Q3-2022 financial results at
5:00pm Eastern Standard Time
November 14, 2022. A conference call
to discuss the results is scheduled for the following day at
10:00 a.m. Eastern Standard 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 24797121 or listen to the live
webcast online.
Earnings Call Replay
A recording of the call will be available through November 22, 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 797121. 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.
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 that includes Charlotte's Web™, CBD Medic™, and
CBD Clinic™. Charlotte's Web whole-plant CBD extracts come in
full-spectrum and broad-spectrum (THC-free) options, including the
world's only broad-spectrum CBD certified NSF for Sport®, which is
the official CBD of Major League Baseball©. Founded by the seven
Stanley Brothers, ignited the CBD
industry when they came to global prominence with the coverage of a
young girl's astounding reaction to their hemp extract. Their
advocacy changed laws, public perception, and research around the
vast health potential of plant-based solutions. The Stanleys built
their business with the mission to bring safe, botanical options to
health seekers worldwide. Charlotte's Web branded premium quality
products start with proprietary hemp genetics that are American
farm-grown-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. Charlotte's Web product categories include 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 retailers, over 8,000 health care practitioners, and
online through the Company's website at
www.charlottesweb.com.
© Major League Baseball trademarks and copyrights are used with
permission of Major League Baseball. Visit MLB.com.
Forward-Looking
Information
Certain information in this news release constitutes
forward-looking statements and forward-looking information within
the meaning of applicable securities laws (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 statements containing forward-looking
information. Although these statements containing forward-looking
information are based on assumptions the Company considers to be
reasonable based on the information available on the date such
statements are made, such statements are not guarantees of future
performance and readers are cautioned against placing undue
reliance on forward-looking information.
The material factors and assumptions used to develop the
forward-looking information herein include, but are not limited to,
international and political considerations; regulatory changes;
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 Annual Report on Form 10-K and quarterly report on
Form 10-Q 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.
Charlotte's Web Holdings, Inc.
THE WORLD'S MOST TRUSTED HEMP EXTRACT™
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SOURCE Charlotte''s Web Holdings, Inc.