Unveiling four broad-spectrum CBD gummies with
functional botanicals
DENVER, July 11,
2023 /PRNewswire/ - (TSX: CWEB) (OTCQX: CWBHF)
Charlotte's Web Holdings, Inc. ("Charlotte's Web" or the
"Company"), the market leader in hemp-derived CBD products,
continues to innovate and expand its footprint with ReCreate™, the
Company's lifestyle and botanical wellness brand focused on the
combination of organic broad-spectrum CBD and functional
botanicals, seamlessly blending the forces of nature and science to
meet the diverse needs of today's wellness focused consumers.
Following the forward-thinking collaborations with Major League
Baseball and Angel City Football Club, ReCreate proudly announces
its latest venture as the Official CBD of the Premier Lacrosse
League ("PLL"). This partnership further cements ReCreate by
Charlotte's Web as a pioneer in the sports industry, prioritizing
the well-being and recovery of professional lacrosse athletes and
their fans.
"As we continue to trailblaze the future of professional sports,
staying at the forefront of player well-being and recovery is core
to our mission," said Mike Rabil,
co-founder and CEO of the Premier Lacrosse League. "Charlotte's Web
and their focus on performance with their ReCreate products make
for an ideal, player-forward partnership for our league. We're
thrilled to name ReCreate the official CBD of the PLL."
"ReCreate's expansion could not have been timed more perfectly,
aligning with an exhilarating period of change in the realm of
sports and wellness," said TJ McGovern, VP Sports &
Entertainment. "The integration of CBD as a natural choice for
players, trainers, staff, and fans has sparked a significant
transformation, and ReCreate is thrilled to be part of this
revolutionary wave with our ground-breaking sports partnerships,
offering innovative formulations and formats for individuals to
embrace CBD in their wellness routines."
Charlotte's Web signed a historic partnership with Major League
Baseball on October 12, 2022. This
milestone agreement marked a significant shift in the mindset of
major league sports, making NSF Certified for Sport® CBD products
available as a natural option to support players' recovery, rest,
brain support, and endurance. ReCreate will have a major brand
presence at All-Star Week in Seattle through media and event activations
for teams, players and fans highlighting CBD and functional
botanical education and product benefits.
ReCreate gummies combine organic broad-spectrum CBD and
functional botanicals to give consumers the power to tackle
whatever comes their way. Each ReCreate product has been
thoughtfully crafted to address specific wellness goals. Leveraging
science, current Good Manufacturing Practices, and excellence that
Charlotte's Web is known for, ReCreate delivers a level of quality
that sets it apart. The ReCreate gummy line features the following
products:
- Endurance: ReCreate™ Endurance Gummies combine
organic broad-spectrum CBD and Beet Root to make the hard work of
making it through the day a bit easier. Increase your body's
efficiency, last longer and keep going.*
- Muscle Recovery: ReCreate™ Muscle Recovery Gummies
combine organic broad-spectrum CBD and Tart Cherry to support
muscle recovery and help you bounce back quicker after
training.*
- Brain Support: ReCreate™ Brain Support Gummies
combine organic broad-spectrum CBD and organic Lion's Mane to help
support cognition. See, feel, and think more
completely.*
- Rest: ReCreate™ Rest Gummies combine organic
broad-spectrum CBD + Passionflower to encourage relaxation so you
can tap into the kind of calm that restores your spirit.*
Gummies are now available at www.recreateyou.com
Your life is waiting...Live. Play. ReCreate.
About ReCreate™:
ReCreate™ by Charlotte's Web believes that each person has
the power to shape their human experience. With a focus on
intentional, functional formulations, ReCreate aims to empower
individuals to make meaningful changes in their daily lives. Each
ReCreate product is meticulously crafted using premium natural
ingredients and are NSF Certified for Sport®. ReCreate
by Charlotte's Web is the official CBD of Major League Baseball©,
Angel City Football Club and the Premier Lacrosse League.
ReCreate promotes unwavering wellness by offering high-quality
products at mainstream prices. ReCreate recognizes the importance
of their community's overall well-being without any compromises for
a fulfilling and balanced life.
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 options, including
ReCreate™ by Charlotte's Web, NSF Certified for Sport®,
which is the official CBD of Major League Baseball©. 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. Charlotte's Web product categories include CBD oil
tinctures (liquid products) CBD gummies (sleep, calm, 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 analytic testing
from soil to shelf 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.
* These statements have
not been evaluated by the Food and Drug Administration. This
product is not intended to diagnose, treat, cure or prevent any
disease.
|
© Major League
Baseball trademarks and copyrights are used with permission of
Major League Baseball.
|
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.
Charlotte's Web Holdings, Inc.
THE WORLD'S MOST TRUSTED HEMP EXTRACT™
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SOURCE Charlotte's Web Holdings, Inc.