Charlotte’s Web Holdings, Inc. (OTCMKTS:CWBHF) is a leading producer and marketer of hemp-derived cannabidiol (CBD) wellness products. The company specializes in the cultivation, extraction and formulation of full-spectrum hemp extracts designed to support general health and wellness. Its product portfolio includes oils, capsules, gummies, topical creams, bath and body care items, as well as a growing line of pet wellness offerings.
At the core of Charlotte’s Web’s operations is its proprietary hemp genetics, cultivated on company-owned farmland in Colorado. The firm employs a vertically integrated model that oversees the entire value chain, from seed breeding to retail distribution. Its manufacturing facilities adhere to current Good Manufacturing Practices (cGMP) standards, and products undergo rigorous third-party testing to verify cannabinoid profiles and ensure the absence of harmful contaminants.
Founded in 2013 by the Stanley Brothers, Charlotte’s Web initially gained recognition for pioneering high-CBD hemp varieties under the encouragement of a young patient named Charlotte Figi. Since its early days as a farm-based operation, leadership has expanded to include industry veterans. Deanie Elsner, appointed CEO in 2020, brings extensive experience in consumer packaged goods and brand building, supported by a management team skilled in regulatory compliance, research and development, and supply chain management.
Charlotte’s Web sells products across North America through a multi-channel distribution network that includes direct-to-consumer e-commerce, retail partnerships, and international distributors. The company continues to explore opportunities in emerging global markets, leveraging strategic alliances and regulatory approvals to extend its footprint in Europe, Asia and other regions where CBD legalization is advancing.
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