Mr. Bill Morachnick reports

CHARLOTTE'S WEB COMMENDS REPRESENTATIVE GRIFFITH FOR LEADERSHIP INTRODUCING HEMP ENFORCEMENT, MODERNIZATION, AND PROTECTION (HEMP)

Charlotte's Web Holdings Inc. has commended representative Morgan Griffith (R-VA) for his leadership following the release of federal hemp legislation and for recognizing the voices of consumers whose lives depend on safe, lawful access to hemp-derived products.

At this pivotal moment for the industry, Charlotte's Web supports representative Griffith's leadership in driving a federal legislative framework that prioritizes consumer safety while safeguarding access to responsibly manufactured products relied upon by millions of Americans, including patients, families, veterans and those managing chronic health needs.

"Representative Griffith has demonstrated real leadership by understanding that smart policy must protect consumers without cutting off access to products that are essential to their daily lives," said Bill Morachnick, chief executive officer of Charlotte's Web. "This is not an abstract policy debate. These decisions directly impact families and consumers who depend on hemp-derived products for health, stability and quality of life."

Charlotte's Web emphasized that a balanced regulatory approach must clearly target unsafe and illicit products while safeguarding established, compliant hemp-derived cannabinoids that have been lawfully sold and responsibly used for years.

In addition, Charlotte's Web thanks Paige Figi and her organization, Coalition for Access Now, for their decisive leadership in uniting lawmakers, patient advocates, scientists and responsible businesses around a shared goal: a safe, transparent and science-based hemp marketplace that works for consumers.

"Years of advocacy, research and perseverance have led us here to the point where safety and access can no longer be separated," Mr. Morachnick added. "We are encouraged to see growing support from lawmakers across both sides of the aisle, who understand the need for a responsible, consumer-first hemp framework."

About Charlotte's Web Holdings Inc.

Charlotte's Web, a Certified B corporation headquartered in Louisville, Colo., is a botanical wellness innovation company and market leader in hemp extract wellness. The company's product categories include cannabidiol oil tinctures (liquid products), CBD gummies (sleep, calming and exercise recovery), cannabinol gummies, cannabigerol gummies, hemp-derived tetrahydrocannabinol microdose gummies, functional mushroom gummies, CBD capsules, and CBD topical creams and lotions, as well as CBD pet products for dogs. Through its substantially vertically integrated business model, Charlotte's Web maintains stringent control over product quality and consistency with analytic testing for quality assurance. Charlotte's Web products are distributed to retailers and health care practitioners throughout the United States, and are available on-line through the company's website.

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