True Drinks Holdings, Inc. Announces Board Changes
June 11, 2019 at 05:09 pm EDT
Share
True Drinks Holdings, Inc. announced that effective June 7, 2019, Kevin Sherman resigned from his position as a member of the Company’s Board of Directors and Keith Stump was appointed to fill the vacancy created by Mr. Sherman’s resignation. Mr. Sherman’s resignation and Mr. Stump’s appointment were made in connection with the exchange transaction entered into by and between the Company and Charlie’s on April 26, 2019 (the Exchange), and resulted in a change in the majority of the members of the Board in connection with the Exchange. Mr. Stump has over 35 years of sales and management experience. He joined Charlie’s in January 2018 as a Strategic Advisor, where he has predominantly focused on sales, marketing and scaling the business, including through organizational alignments, process improvement, leadership/management training and development.
Charlie's Holdings, Inc. is engaged in formulating, marketing and distributing non-combustible nicotine-related products, alternative alkaloid vapor products, and hemp-derived vapor and edible products. Its wholly owned subsidiaries include Charlieâs Chalk Dust, LLC, which produces and sells nicotine-based and alternative alkaloid vapor products, and Don Polly, LLC, develops, markets and distributes products containing cannabinoids derived from hemp. Its alternative alkaloid products include SPREE BAR vapes with Metatine and are available with rechargeable, reusable batteries. Its other cannabinoids include PINWEEL Disposable, PINWEEL Carts and PINWEEL Edibles. The Companyâs products are produced through contract manufacturers for sale through select distributors, specialty retailers, and third-party online resellers throughout the United States, and in select international markets including the United Kingdom, Italy, Spain, New Zealand, Australia, and Canada.
CHARLIE'S HOLDINGS, INC. 