Charlotte’s Web Announces Shareholder Meeting Voting Results

BOULDER, Colo., June 9, 2021 /CNW/ – (TSX: CWEB) (OTCQX: CWBHF) Charlotte’s Net Holdings, Inc. (“Charlotte‘s Net” or the “Firm“) is happy to announce the outcomes from its 2021 annual normal and particular assembly of shareholders held on June 9, 2021 by way of dwell audio webcast (the “Assembly“). Every of the issues voted upon on the Assembly is mentioned intimately within the Firm’s Administration Info Round dated April 30, 2021, a replica of which is out there on the Firm’s SEDAR profile at www.sedar.com.

The full variety of votes forged on the Assembly was 50,839,756, representing 36.34% of the entire variety of votes hooked up to the excellent voting shares of the Firm. In line with the proxies obtained, the outcomes of the vote for the election of administrators had been as follows:

Detailed outcomes of the issues thought-about on the Assembly are reported within the Report of Voting Outcomes as filed on the Firm’s SEDAR profile at www.sedar.com.

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About Charlotte’s Net Holdings, Inc.

Charlotte’s Net Holdings, Inc., a Licensed B Company headquartered in Boulder, Colorado, is the market chief within the manufacturing and distribution of revolutionary hemp-derived cannabidiol (“CBD”) wellness merchandise beneath a household of manufacturers which incorporates Charlotte’s Net™, CBD Medic™, CBD Clinic™, and Concord Hemp. The Firm’s premium high quality merchandise begin with proprietary hemp genetics which might be 100-percent American farm grown and manufactured into whole-plant hemp extracts containing a full spectrum of naturally occurring phytocannabinoids together with CBD, CBC, CBG, terpenes, flavonoids and different helpful hemp compounds. Charlotte’s Net product classes embody CBD oil tinctures (liquid merchandise), CBD gummies (sleep, stress, irritation restoration), CBD capsules, CBD topical lotions and lotions, in addition to CBD pet merchandise for canines. Charlotte’s Net merchandise are distributed to greater than 14,000 retail, over 8,000 well being care practitioners, and on-line by means of the Firm’s web site at www.CharlottesWeb.com. By means of its vertically built-in enterprise mannequin, Charlotte’s Net strives to enhance prospects’ lives and meet their calls for for stringent product high quality, efficacy and consistency.

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Ahead-Trying Info

Sure info on this information launch constitutes forward-looking statements and forward-looking info (collectively, ‎‎”forward-looking info”). In some circumstances, however not essentially in all circumstances, ahead wanting info will be recognized by the ‎use of forward-looking terminology comparable to “plans”, “targets”, “expects” or “doesn’t count on”, “is anticipated”, “a possibility exists”, ‎‎”is positioned”, “estimates”, “intends”, “assumes”, “anticipates” or “doesn’t anticipate” or “believes”, or variations of such phrases and ‎phrases or state that sure actions, occasions or outcomes “could”, “might”, “would”, “would possibly”, “will” or “will likely be taken”, “happen” or “be ‎achieved”. As well as, any statements that discuss with expectations, projections or different characterizations of future occasions or ‎circumstances comprise forward-looking info. ‎

Statements containing forward-looking info should not historic details however as a substitute characterize administration’s present ‎expectations, estimates and projections concerning the way forward for our enterprise, future plans, methods, projections, anticipated occasions ‎and tendencies, the financial system and different future situations. Ahead-looking info is essentially based mostly on quite a few opinions, ‎assumptions and estimates that, whereas thought-about affordable by the Firm as of the date of this information launch, are topic to ‎recognized and unknown dangers, uncertainties, assumptions and different components which will trigger the precise outcomes, degree of exercise, ‎efficiency or achievements to be materially completely different from these expressed or implied by such forward-looking info. ‎

SOURCE Charlotte’s Net Holdings, Inc.

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