LOUISVILLE, Colo., April 25,
2024 /CNW/ - (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 2024 first quarter
results prior to market open on May 8,
2024. A conference call to discuss the results is scheduled
for the same day at 11:00 A.M. Eastern
Time.
There are three ways to join the call:
- Register and enter your phone number
at https://emportal.ink/4atzXcE to receive an instant
automated call back, or
- Dial 1-416-764-8659 or 1-888-664-6392 approximately 10 minutes
before the conference call, or
- Listen to the live webcast online.
Earnings Call Replay
A recording of the call will be available through May 15, 2024. 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 156359#. 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 Louisville,
Colorado, is the market leader in innovative hemp extract
wellness products that includes Charlotte's Web whole-plant CBD
extracts in full-spectrum and broad-spectrum CBD certified NSF for
Sport®. Charlotte's Web is the official CBD of Major League
Baseball©, Angel City Football Club and the Premier Lacrosse
League. Charlotte's Web branded premium quality products start with
proprietary hemp genetics that are North 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. Charlotte's Web product categories include
CBD oil tinctures (liquid products) CBD gummies (sleep, calming,
exercise recovery, immunity), CBD capsules, CBD topical creams and
lotions, as well as CBD pet products for dogs. Through its
substantially vertically integrated business model, Charlotte's Web
maintains stringent control over product quality and consistency
with analytic testing from soil to shelf for quality assurance.
Charlotte's Web products are distributed to retailers and
healthcare practitioners throughout the U.S.A, and online through the Company's
website at www.charlottesweb.com.
Shares of Charlotte's Web trade on the Toronto Stock Exchange
(TSX) under the symbol "CWEB" and are quoted in U.S. Dollars in
the United States on the OTCQX
under the symbol "CWBHF".
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Forward-Looking Information
Certain information provided herein constitutes
forward-looking statements or information (collectively,
"forward-looking statements") within the meaning of applicable
securities laws. Forward-looking statements are typically
identified by words such as "may", "will", "should", "could",
"anticipate", "expect", "project", "estimate", "forecast", "plan",
"intend", "target", "believe" and similar words suggesting future
outcomes or statements regarding an outlook. Forward-looking
statements are not guarantees of future performance and readers are
cautioned against placing undue reliance on forward-looking
statements. This press release includes forward-looking
statements. By their nature, these statements involve a
variety of assumptions, known and unknown risks and uncertainties,
and other factors which may cause actual results, levels of
activity, and achievements to differ materially from those
expressed or implied by such statements. The forward-looking
statements contained in this press release are based on certain
assumptions and analysis by management of the Company in light of
its experience and perception of historical trends, current
conditions and expected future development and other factors that
it believes are appropriate and reasonable.
The material factors and assumptions used to develop the
forward-looking statements herein include material risk factors
that could cause actual results to differ materially from the
forward-looking statements including, among others, general
economic and market risks, cyber-security risks and those risks and
uncertainties discussed under the heading "Risk Factors" in the
Company's Annual Report on Form 10-K for the year ending
December 31, 2023, and other risk
factors contained in other filings with the Securities and Exchange
Commission available on www.sec.gov and filings with Canadian
securities regulatory authorities available on www.sedarplus.ca.
The impact of any one risk, uncertainty, or factor on a particular
forward-looking statement is not determinable with certainty as
these are interdependent, and the Company's future course of action
depends on management's assessment of all information available at
the relevant time.
Any forward-looking statement in this press release is based
only on information currently available to the Company and speaks
only as of the date on which it is made. Except as required by
applicable law, the Company assumes no obligation to publicly
update any forward-looking statement, whether as a result of new
information, future events, or otherwise. All forward-looking
statements, whether written or oral, attributable to the Company or
persons acting on the Company's behalf, are expressly qualified in
their entirety by these cautionary statements.
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SOURCE Charlotte's Web Holdings, Inc.