Charlotte's Web Holdings, Inc.(TSX:CWEB) (OTCQX:CWBHF) reported financial results for the fourth quarter and year ended December 31, 2021.
"At the beginning of 2022 we took organizational actions, better aligned leadership and employees with shareholder interests, and simplified our business for focus, speed, and executional excellence. Our organization is fully engaged and we intend to grow our business," Jacques Tortoroli, CEO of Charlotte's Web, said. "We have substantially completed our multi-year investment in our production capacity to effectively service a sophisticated mass retail channel when federal regulations are set for the CBD wellness category in the U.S.”
