04:51:01 EDT Wed 19 Jun 2019
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Charlotte's Web Holdings Inc
Symbol C : CWEB
Shares Issued 15,175,137
Close 2018-10-10 C$ 16.05
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Charlotte's Web qualifies to trade on OTCQX

2018-10-11 08:28 ET - News Release

Mr. Jason Paltrowitz of OTC Markets reports


Charlotte's Web Holdings Inc. has qualified to trade on the OTCQX Best Market.

Charlotte's Web Holdings begins trading today on the OTCQX under the symbol CWBHF. U.S. investors can find current financial disclosure and real-time Level 2 quotes for the company on the OTC Markets website. Trading on OTCQX provides broader access for U.S. investors interested in investing in Charlotte's Web.

"Charlotte's Web Holdings joins a robust roster of CSE-listed companies that choose to cross-trade on the OTCQX Market to provide greater transparency and more efficient trading for their investors globally," said Jason Paltrowitz, executive vice-president of corporate services at OTC Markets Group. "We look forward to supporting Charlotte's Web Holdings as the company works to build visibility, liquidity and long-term shareholder value."

"As the market leader, we have a substantial base of customers in the United States," said Hess Moallem," president and chief executive officer of Charlotte's Web. "Accordingly, we have a substantial U.S. investor following and trading on the OTCQX Market will improve accessibility, liquidity and exposure for investors in the U.S."

About Charlotte's Web Holdings Inc.

Charlotte's Web Holdings is the market leader in the production and distribution of innovative hemp-based cannabidiol (CBD) wellness products. Charlotte's Web products are made from high quality and proprietary strains of whole-plant hemp extracts containing a full spectrum of phytocannabinoids, including CBD, terpenes, flavonoids and other valuable hemp compounds. Industrial hemp products have no psychoactive effects.

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