DENVER, June 23,
2022 /CNW/ - (TSX: CWEB) (OTCQX: CWBHF)
Charlotte's Web Holdings, Inc. ("Charlotte's
Web" or the "Company") is pleased to announce the
results from its 2022 annual general meeting of shareholders held
on June 22, 2022 via live audio
webcast (the "Meeting"). Each of the matters voted upon at
the Meeting is discussed in detail in the Company's Proxy Statement
dated April 28, 2022, a copy of which
is available on the Company's SEDAR profile at
www.sedar.com and on EDGAR at www.sec.gov.
The total number of votes cast at the Meeting was 47,203,015,
representing 32.51% of the total number of votes attached to the
outstanding voting shares of the Company. According to the proxies
received, the results of the vote for the election of directors
were as follows:
Nominee
|
# Votes For
|
% Votes For
|
# Votes
Withheld
|
% Votes
Withheld
|
John Held
|
18,090,259
|
93.04 %
|
1,351,211
|
6.96 %
|
Jacques
Tortoroli
|
18,394,916
|
94.61 %
|
1,046,554
|
5.39 %
|
Jean Birch
|
18,261,129
|
93.92 %
|
1,180,341
|
6.08 %
|
Susan Vogt
|
18,145,747
|
93.33 %
|
1,295,723
|
6.67 %
|
Tim Saunders
|
18,247,008
|
93.85 %
|
1,194,462
|
6.15 %
|
Detailed results of the matters considered at the Meeting are
reported in the Report of Voting Results as filed on the
Company's SEDAR profile at www.sedar.com.
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 which includes Charlotte's Web™, CBD Medic™, CBD
Clinic™, and Harmony Hemp™. Charlotte's Web branded premium quality
products start with proprietary hemp genetics that are 100-percent
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
full-spectrum hemp 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 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 more than 15,000
retail, over 8,000 health care practitioners, and online through
the Company's website at www.CharlottesWeb.com.
Forward-Looking Information
Certain information in this news release constitutes
forward-looking statements and forward-looking information
(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 forward-looking information. Important
factors that could cause actual results and financial condition to
differ materially from those indicated in the forward-looking
information include, among others, 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 Form 10, as amended, and other
filings with the Securities and Exchange Commission available on
www.SEC.com. 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.