Charlie's Holdings, Inc. announced its national launch of PINWEEL, an alternative cannabis brand derived from 100% hemp extract. Incorporating proprietary live resin blends that include Delta 8, Delta 11, THC-O, THC-P and HHC, the PINWEEL product line offers adult consumers an exceptionally enjoyable alternative to alcohol and traditional cannabis products. PINWEEL alternative cannabis products include proprietary live resin blends in three primary varieties: Mild & Mellow: Comparable to a sativa cannabis strain; Light & Lit: Comparable to a hybrid strain; Heavy & Heady: Comparable to an indica cannabis strain.

Because PINWEEL products contain only cannabinoids that are derived from the hemp plant, theyare not subject to the Controlled Substances Act and are legal throughout most of the United States. For this reason, and because millions of adult consumers prefer a "hangover-free buzz," the alternative cannabis ("Delta 8") category is growing very rapidly and represents an exciting opportunity for Charlie's. More than 90% of the Company's initial inventory has been reserved in pre-orders; Charlie's plans to fulfill new orders on a strictly first-come, first-served basis and has already made plans to introduce additional PINWEEL blends and flavors in 2023.