Charlotte’s Web, founded by the Stanley Brothers from Colorado – Joel, Jesse, Jared, Josh, Jordan, Jon, and Austin, is a family owned company in the whole-plant hemp health supplements industry. The company maintains corporate offices in Boulder and Denver. They grow their industrial hemp on farms located in Colorado, Oregon, and Kentucky.
The Charlotte’s Web mission is to improve life, naturally by responsibly growing their proprietary non-GMO hemp genetics on family farms that are made into premium, hemp-based cannabidiol (CBD) health and wellness products. The company produces CBD oils, gummies, capsules, topicals, ointments and creams for pain relief. They even produce a CBD line for Dogs.
They have chosen Wessel Booysen, a former international chief financial officer from Molson-Coors as its new CFO. While at Molson-Coors Beverage Co. Booysen led the company’s expansion efforts in Australia and Asia. He replaces retiring CFO Russ Hammer.
Charlotte’s Web trades on the Toronto Stock Exchange as CWEB.