DENVER, March 9,
2023 /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 fourth-quarter and year-end financial results before
markets open on March 23, 2023. 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/3Zj6SdP 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 and provide confirmation number
89462125, or
- Listen to the live webcast online.
Earnings Call Replay
A recording of the call will be available through March 30, 2023. 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 462125. 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 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,
Charlotte's Web ignited the CBD industry when the brothers 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 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 substantially 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 retailers and health
care practitioners throughout the U.S.A, 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.
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SOURCE Charlotte's Web Holdings, Inc.