LOUISVILLE, Colo., July 28,
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 second quarter financial results prior to market open on
August 10, 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/3JQUm05 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
59487501, or
- Listen to the live webcast online.
Earnings Call Replay
A recording of the call will be available through August 17, 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 335923#. 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 options, including ReCreate™ by
Charlotte's Web, the first broad-spectrum CBD certified NSF for
Sport®. ReCreate by Charlotte's Web is the official CBD of Major
League Baseball©, Angel City Football Club and the Premier Lacrosse
League. 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 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.
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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.SEDARplus.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.