BOULDER, Colo. — Charlotte’s Web and Abacus Health Products announced that they have completed the previously-announced plan of arrangement. Pursuant to the Arrangement, Charlotte’s Web acquired all the issued and outstanding subordinate voting shares of Abacus. All the outstanding proportionate voting shares of Abacus were converted into Abacus Shares prior to closing of the Arrangement.
BOULDER, Colo. — Charlotte’s Web announced Monday that David Panter has joined the company as chief operating officer, effective March 30, 2020. Panter brings over 20 years of broad global supply chain experience at leading cosmetic, agriculture, pharmaceutical, medical device and consumer packaged goods (CPG) companies, including Estée Lauder Company, Luxottica Retail, Campbell Soup Company,
BOULDER, Colo. — Charlotte’s Web and Abacus Health Products have entered into a definitive arrangement agreement where Charlotte’s Web will acquire Abacus. This acquisition will combine Charlotte’s Web, the market leader in hemp-derived CBD wellness products, with Abacus, the market leader in over-the-counter topical products combining active pharmaceutical ingredients with hemp extract, to create the
BOULDER, Colo. — Charlotte’s Web has established Charlotte’s Web Labs (CW Labs) an internal division for research & development substantially expanding on the company’s efforts around the science of hemp derived phytocannabinoids, terpenes and flavonoid compounds. The company is placing its existing R&D team under the leadership of recently hired senior vice president of Innovation,
BOULDER, Colo. — Charlotte’s Web announced Friday that its manufacturing facility here was recently added to NSF International’s dietary supplements Good Manufacturing Practice (GMP) registration. Earning GMP registration from NSF International verifies that a manufacturing facility has the proper methods, equipment, facilities, and controls in place to produce dietary supplement products. “Our commitment to attaining
NEW YORK — Nielsen and Charlotte’s Web, jointly announced on Wednesday an analytic relationship. Together, Nielsen and Charlotte’s Web will help guide the U.S. retail market for consumer packaged goods (CPG) companies through the evolution of the CBD space. Mirroring the changing tide happening across the U.S. retail and CPG industry, this new relationship marks
BOULDER, Colo. — Charlotte’s Web announced this week that Kroger Co. 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. 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
BOULDER, Colo.— Charlotte’s Web has entered into a research initiative with Rodale Institute and Natural Care to pioneer regenerative organic hemp farming. The research will be conducted at Pocono Organics, a start-up regenerative organic farm in Long Pond, Pennsylvania. In alignment with its corporate social responsibility values, Charlotte’s Web has been active in responsible farming practices since