Investment Will Help Drive Growth and Deepen R&D
DENVER, Nov. 15, 2022 /PRNewswire/ - (TSX:CWEB.TO) (OTCQX:CWBHF) Charlotte's Web Holdings, Inc. ("Charlotte's Web," or the "Company") the market leader in hemp-derived cannabidiol ("CBD") wellness products, today announced a US$56.8 million investment (the "Investment") from a subsidiary of BAT (LSE:BATS.LN) and (NYSE:BTI), which provides the Company with incremental capital to fund growth initiatives, including the Company's expanding portfolio of botanical wellness products.
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