Charlotte's Web Holdings, Inc. (OTC: CWBHF)

Charlotte's Web Holdings, Inc. is a market leader in the United States in innovative hemp extract and other botanical based wellness products. The company produces and sells full spectrum cannabidiol (CBD) oils, gummies, capsules, topicals, pet products and functional mushroom gummies derived from proprietary hemp genetics grown on North American farms. Its operations are centered around a cGMP compliant manufacturing facility in Louisville Colorado where it conducts extraction formulation quality control and research and development.

Revenue is generated primarily from the sale of hemp derived CBD wellness products and functional mushroom supplements through a multi channel distribution network. The company sells its goods to select distributors, health care practitioners and directly to consumers via its ecommerce website and third party online retailers. Additional income comes from licensing agreements and strategic partnerships that provide royalties or promotional fees.

The company operates through the following segments:

• Hemp derived CBD wellness products: This segment encompasses the cultivation extraction formulation and sale of full spectrum cannabidiol (CBD) oils, gummies, capsules, topicals, pet products and related hemp based wellness items.

Charlotte's Web Holdings, Inc. holds a leading position in the United States hemp derived CBD market distinguished by its vertically integrated model that controls genetics cultivation extraction and manufacturing. The company differentiates itself through proprietary hemp strains, a cGMP certified facility, rigorous quality testing protocols and a broad portfolio of branded products. Principal competitors include Medterra, CVS Healths CBD line, CBDfx, Wyld and PlusCBD though Charlotte's Web maintains advantages in brand recognition scientific research and supply chain control.

The company serves a diverse customer base that includes wholesale distributors, health care professionals such as chiropractors and naturopaths, pet owners and individual consumers purchasing through its website or third party online platforms. While specific customer names are not disclosed, the distribution network reaches retail stores, clinics and online shoppers nationwide.