Charlotte’s Web Debuts at Walmart with New CBD Topical Collection

Expands retail reach by more than 800 Walmart locations

LOUISVILLE, Colo.June 26, 2024 /PRNewswire/ – (TSX: CWEB) (OTCQX: CWBHFCharlotte’s Web Holdings, Inc. (“Charlotte’s Web” or the “Company”), the leader in hemp-derived CBD wellness products, is pleased to announce that its products are now available at Walmart. Starting this month, consumers will find Charlotte’s Web CBD topical products in 827 Walmart stores across five states including CaliforniaIllinoisFloridaTexas, and Pennsylvania.

The new retail distribution at Walmart expands Charlotte’s Web CBD wellness presence at an affordable price point, unlocking both value and accessibility for the Walmart customer.

 

We are proud to introduce CBD topicals at Walmart, reflecting Charlotte’s Web’s dedication to setting new standards of excellence in the CBD industry, ensuring every Walmart shopper can experience the transformative benefits of our meticulously crafted products. We are not only broadening our retail footprint but also reinforcing our mission to innovate and elevate the consumers’ wellness journeys through science-backed CBD solutions,” says Bill Morachnick, CEO of Charlotte’s Web.

The new line of competitively priced CBD topicals is formulated with CBD isolate. The collection includes a balm stick, a cream, and a cooling gel, each containing 1,000 mg of concentrated CBD isolate. These are blended with soothing and cooling ingredients including menthol, camphor, and aloe vera. All products are non-GMO, cruelty-free, sulfate-free, paraben-free, and formulated without major allergens.

About Charlotte’s Web Holdings, Inc.

Charlotte’s Web Holdings, Inc., a Certified B Corporation headquartered in Louisville, Colorado, is the market leader in innovative hemp extract wellness products that includes Charlotte’s Web whole-plant full-spectrum CBD extracts as well as broad-spectrum CBD certified NSF for Sport®. Charlotte’s Web is the official CBD of Major League Baseball©, Angel City Football Club and the Premier Lacrosse League. Charlotte’s Web branded premium quality products start with proprietary hemp genetics that are North American farm-grown using organic and regenerative cultivation practices. The Company’s hemp extracts have naturally occurring botanical compounds including cannabidiol (“CBD”), CBN, CBC, CBG, terpenes, flavonoids, and other beneficial compounds. Charlotte’s Web product categories include CBD oil tinctures (liquid products) CBD gummies (sleep, calming, exercise recovery, immunity), CBN gummies, CBD capsules, 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 from soil to shelf for quality assurance. Charlotte’s Web products are distributed to retailers and health care practitioners throughout the U.S.A, and online through the Company’s website at www.charlottesweb.com.

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