Charlotte's Web Holdings Inc (TSX:CWEB) News and Share Price

"Charlotte’s Web Holdings Inc develops and distributes wellness products made from hemp-based cannabinoid.

The product portfolio comprises ingestible products like tinctures, gummies, capsules and topicals.

The drug manufacturer produces and distributes the CBD products through its e-commerce website, network of distributors, brick and mortar retailers, health practitioners and third-party e-commerce websites.

Cannabinoids are the core chemical compounds produced by cannabis plants. These fatty compounds can be found in hemp and plants.

There are more than 100 nonintoxicating phytocannabinoids, of which CBD is the most common one.

Charlotte’s Web extracts unique hemp phytocannabinoids, flavonoids, terpenes and valuable hemp compounds. The CBD product pipelines includes:

• CBD Oil
• CBD Gummies
• CBD Capsules
• CBDMEDIC Pain relief
• CBD Topicals
• Bundle and Save
• CBD for Dogs
• Bulk CBD
• THC Free
• Overstock oil

The company also develops and produces products for the wellness of dogs, including:

 

• Calming Chews for Dogs: It includes passionflower, valerian root, chamomile, and hemp extract and comes in chicken flavor.

 

• Chews for Senior Dogs: The chicken flavor-based products include DHA, EPA, Elderberry Powder, Vitamin E, and hemp extract

 

• Hip and Joint chews: Includes glucosamine HCL, turmeric root, chondroitin sulphate, and hemp extract.

Most of the canine wellness products are offered in chicken flavor.

Charlotte’s Web Holdings claims its products containing whole plant extracts assist in good health by benefitting from phytocompounds and phytocannabinoids. These compounds strengthen the endocannabinoid system of a mammal’s body, the drug manufacturer claims.

CBD or cannabidiol is mainly found in the leaves and flowers of the hemp plant. The company says that th hemp is often confused with marijuana. Hemp contains THC less than 0.3 per cent unlike marijuana, which has a higher concentration of THC–the psychoactive compound. CBD is a non-psychoactive compound that helps in maintaining good overall health in humans, the company claims.

Charlotte’s Web Holdings says the effect of the product varies from person to person due to differences in internal endocannabinoid system among different individuals.

The company claims to have hands-on expertise in farming, FDA registered facilities, access to quality seeds and soil. Charlotte’s Web tests the soil, hemp plants and final products before launching them, reportedly."