Charlotte's Web Holdings, Inc. (CWEB.TO) TSX

Currency In CAD

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Charlotte's Web Holdings, Inc.

Address

700 Tech Court

Louisville, CO 80202

United States of America (the)

Phone

720 617 7303

Sector

Healthcare

Industry

Drug Manufacturers - Specialty & Generic

Employees

112

First IPO Date

September 13, 2018

Key Executives

NameTitlePayYear Born
William J. MorachnickChief Executive Officer & Non-Independent Director903,1381965
Jared StanleyCo-Founder & Advisor195,3361988
Gregory A. GouldChief Administration Officer521,7781966
Erika LindChief Financial Officer & Principal Accounting Officer607,9361973
Raymond KunkelChief Operating Officer768,8101967
Mindy GarrisonChief Commercial Officer, Chief People Officer & Corporate Secretary01971
Marcel Bonn-MillerChief Scientific Officer0N/A
Cory PalaDirector of Investor Relations0N/A
Kelly SheaSenior Vice President of Government Affairs & Corporate Communications0N/A
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Description

Charlotte's Web Holdings, Inc. operates comprehensively in the hemp-derived cannabidiol (CBD) wellness market, covering cultivation, manufacturing, marketing, and sales. The company's extensive product line features liquid hemp extract oil tinctures, a variety of gummies designed for benefits such as sleep, stress relief, immune support, and post-exercise recovery, as well as easy-to-use capsules, topical CBD creams, and lotions. They also offer specialized products for pets. These offerings are available under recognized brands including Charlotte's Web, CBD Medic, CBD Clinic, and Harmony Hemp. Each product is formulated with naturally occurring phytocannabinoids, such as CBD, cannabichromene, cannabigerol, and cannabinol, alongside beneficial terpenes, flavonoids, and other hemp compounds. Distribution occurs through various channels, including brick-and-mortar retail locations, healthcare providers, and direct-to-consumer sales via their online platform. The company is committed to advancing cannabinoid research; its CW Labs science division collaborates with the University at Buffalo's Center for Integrated Global Biomedical Sciences on a dedicated research program, and it also maintains a scientific partnership with McLean Hospital. Founded in 2013 as Stanley Brothers Holdings Inc., the company rebranded to Charlotte's Web Holdings, Inc. in July 2018 and is headquartered in Denver, Colorado.

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