Charlotte's Web Holdings, Inc. Enters into an Extension and Third Amending Agreement to Name and Likeness and License Agreement with Leeland & Sig LLC d/b/a Stanley Brothers Brand Company
September 02, 2022 at 05:07 pm EDT
Share
Effective as of August 31, 2022, Charlotte's Web Holdings, Inc. and its subsidiary, Charlotte's Web, Inc. entered into an Extension and Third Amending Agreement to Name and Likeness and License Agreement with Leeland & Sig LLC d/b/a Stanley Brothers Brand Company, a Colorado limited liability company. Pursuant to the Extension Agreement, the term of the Name and Likeness and License Agreement dated August 1, 2018 between the Company, CWB and Licensor, as amended by the Amending Agreement to Name and Likeness Agreement effective April 16, 2021, was extended from August 31, 2022 to September 30, 2022.
Charlotte's Web Holdings, Inc. (Charlotteâs) is engaged in providing hemp extract wellness products under a family of brands which includes Charlotteâs Web, CBD Medic, CBD Clinic, and Harmony Hemp. Charlotteâs Web branded products start with its hemp genetics that are 100% North American farm grown and manufactured into hemp extracts containing naturally occurring phytocannabinoids, including cannabidiol (CBD), cannabichromene (CBC), cannabigerol (CBG), cannabinol (CBN), terpenes, flavonoids and other beneficial hemp compounds. Charlotteâs Web product categories include full spectrum hemp extract oil tinctures (liquid products), gummies (sleep, calm, immunity, exercise recovery, daily wellness, THC-free), capsules, topical creams and lotions, as well as CBD pet products for dogs. Charlotteâs Web products are distributed to retail outlets and health care practitioners, as well as online through the Companyâs Website at www.Charlottesweb.com.
Charlotte's Web Holdings, Inc. Enters into an Extension and Third Amending Agreement to Name and Likeness and License Agreement with Leeland & Sig LLC d/b/a Stanley Brothers Brand Company