Marks
the Largest
Distribution Through a Single
Retailer for Charlotte's
Web
BOULDER, CO, July 29, 2019 /CNW/ - Charlotte's Web Holdings, Inc. ("Charlotte's Web" or the "Company") (TSX:CWEB,
OTCQX:CWBHF), the market leader in hemp CBD extract products, is
pleased to announce that The Kroger Co., America's largest grocery
retailer, has begun carrying Charlotte's Web products in
multiple states with a plan to roll out to a total of
1,350 store locations in 22 states (Arizona, Arkansas,
Colorado, Georgia, Illinois, Indiana, Kansas, Kentucky, Michigan, Missouri, Montana, Nevada, Oregon, South
Carolina, Tennessee,
Texas, Utah, Virginia, West
Virginia, Washington,
Wisconsin, and Wyoming).
The announcement with Kroger marks a milestone for Charlotte's Web as the largest distribution
ever through a single retailer. Charlotte's Web topical products will be
available at the Kroger Family of Stores, including: Kroger,
Dillons, Fry's, Fred Meyer, King
Soopers, Mariano's, Pick 'n Save, QFC and Smith's.
"Since its founding, Charlotte's Web has been on a mission to make
CBD products available for as many people as possible," said
Deanie Elsner, CEO of Charlotte's Web. "This distribution
reach through Kroger's market leading network of grocery
stores is an enormous contributor to our mission. We are very
appreciative of Kroger and all of our channel partners for the
continued progress in expanding access to
hemp-based health and wellness products."
Reliable quality, consistency and availability are top
priorities for mass retailers, making Charlotte's Web the most sought-after CBD
brand. The Company believes it offers among the highest quality and
most tested hemp CBD wellness products available, with more
than 20 tests performed on its products beginning with pre-planting
soil evaluation and extending all the way through the
entire production process. 100% grown naturally in the
USA by American farmers,
Charlotte's Web is the market
share leader and only global CBD brand known as The World's Most
Trusted Hemp Extract™.
Kroger joins a growing number of mass grocery and drug retailers
carrying Charlotte's Web and other
hemp-based CBD products. In total, Charlotte's Web is now shipping to 5 mass
retailers covering 22 states. Combined with specialty
retailers, Charlotte's Web retail
distribution in the United States
surpasses 8,000 locations.
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Web news alerts.
About Charlotte's Web
Holdings, Inc.
Charlotte's
Web Holdings, Inc. is the market leader in the production and
distribution of innovative hemp-derived cannabidiol ("CBD")
wellness products. Founded by the Stanley Brothers, the Company's
premium quality products start with proprietary hemp genetics that
are 100% American farm grown and responsibly manufactured into
hemp-derived CBD extracts naturally containing a full spectrum of
phytocannabinoids, including CBD, terpenes, flavonoids and other
beneficial hemp compounds.
Forward-Looking Information
Certain information in this news release constitutes
forward-looking information which are not historical facts but
instead represent management's expectations, estimates and
projections regarding future events. Forward-looking
information may be materially different from those expressed or
implied by such forward-looking information, including but not
limited to the factors described in greater detail in the public
documents of the Company available at www.sedar.com.
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SOURCE Charlotte's Web
Holdings, Inc.