Overview
Introduction
Charlotte's Web Holdings is dedicated to improve lives by providing high quality cannabis. Charlotte's Web holds the top position in the CBD market in terms of brand loyalty, awareness, and sales. Its mission is simple: to unleash the healing powers of botanicals with compassion, science, and their full spectrum of plant-powered goodness. The Stanley Brothers don't measure the company's value by revenue and profits and are inspired by the motto "Do well by doing good."
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About the Company
Charlotte’s Web Holdings is a small pharmaceutical company which produces a number of commercially available CBD products, from gummies to tinctures to pet treats. Maintaining corporate offices in Boulder and Denver, with industrial hemp farms located in Colorado, Oregon, and Kentucky, this vertically-integrated company is, by many accounts, a science-driven workplace—if you’re looking for a mellow vibe, this might not be it. Charlotte’s Web products are manufactured in a secure FDA-registered facility and third-party-verified for Good Manufacturing Practices.
In the past few years, the product line has expanded, and with it, the number of staff and revenues: in 2019, the company grew from 180 employees to more than 300; meanwhile, revenue grew from $40 million in 2017 to $70 million in 2018, to $95 million in 2019. Publicly ...
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