BOULDER, CO, July 31, 2019 /PRNewswire/ - Charlotte's Web
Holdings, Inc. ("Charlotte's Web" or the "Company") (TSX:CWEB,
OTCQX:CWBHF), the market leader in hemp CBD extract products, will
issue its 2019 second quarter results on August 14 before the open of trading on the
Toronto Stock Exchange. A conference call to discuss the
results has been scheduled for the same day at 10:00 a.m. Eastern Time.
To participate in the call, please dial 1-647-427-7450 or
1-888-231-8191 approximately 10 minutes before the conference call
and provide conference ID 8685806. A recording of the call
will be available through August 21,
2019. To listen to the rebroadcast please dial
1-416-849-0833 and provide the same conference ID.
A webcast of the call can be accessed through the investor
relations section of the Charlotte's Web
website.
Subscribe to Charlotte's Web investor news.
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 responsibly manufactured into hemp-derived CBD
extracts naturally containing a full spectrum of phytocannabinoids,
including CBD, terpenes, flavonoids and other beneficial hemp
compounds. Charlotte's Web product categories include CBD Oil
tinctures (liquid products), CBD capsules, CBD topicals, as
well as CBD pet products. Charlotte's Web hemp-derived CBD
extracts are sold through select distributors, brick and mortar
retailers, and online through the Company's website at
www.CharlottesWeb.com. The rate the Company pays for agricultural
products reflects a fair and sustainable rate driving higher
quality yield, encouraging good farming practices, and supporting
U.S. farming communities.
Charlotte's Web is a socially conscious company and is committed
to using business as a force for good and a catalyst for
innovation. The Company weighs sound business decisions with
consideration for how its efforts affect its employees, customers,
the environment, and the communities where its employees live and
where it does business, while maximizing profits and strengthening
its brands. The Company's management believes that socially
oriented actions have a positive impact on the Company, its
employees and its shareholders. Charlotte's Web donates a portion
of its pre-tax earnings to charitable organizations.
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". As at July
29, 2019 Charlotte's Web had 44,500,034 Common Shares
outstanding and 132,151.34 Proportional Voting Shares convertible
at 400:1, for an effective equivalent of 97,360,571 Common Shares
outstanding.
Forward-Looking Information
Certain information in this news release constitutes
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 expectations, estimates and projections regarding
future events.
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, including but not limited to the
factors described in greater detail in the public
documents of the Company available at www.sedar.com. These factors
are not intended to represent a complete list of the factors that
could affect the Company; however, these factors should be
considered carefully. There can be no assurance that such estimates
and assumptions will prove to be correct. The forward-looking
statements contained in this news release are made as of the date
of this news release, and the Company expressly disclaims any
obligation to update or alter statements containing any
forward-looking information, or the factors or assumptions
underlying them, whether as a result of new information, future
events or otherwise, except as required by law.
View original content to download
multimedia:http://www.prnewswire.com/news-releases/charlottes-web-holdings-inc-issues-q2-earnings-conference-call-notice-300893752.html
SOURCE Charlotte’s Web Holdings, Inc.