Charlotte's Web (TSX: CWEB) International Business DD

Forums Candlr Discovr Charlotte's Web (TSX: CWEB) International Business DD


Viewing 0 reply threads
  • Author
    • #2930 Reply
      Candlr Staff

      **Charlotte’s Web International Expansion**

      CWB is currently exploring manufacturing partnerships for local production (Europe and Asia), manufacturing and/or distribution in selected international markets. Products would be tailored with specific attributes to comply with local regulations as applicable. In connection with its international expansion efforts, CWB has ENGAGED local legal counsel to advise on matters that will be applicable to the proposed expansion activities of CWB.

      Historically, CWB has sold its products in Argentina, Australia, Brazil, Canada, the Czech Republic, England, Iceland, Ireland, Italy, Malta, the Netherlands, New Zealand, Poland, Spain and Sweden through third party distributors who take delivery in bulk and manage individual orders.

      In 2016, CWB began research in South America with established hemp producers to determine the feasibility of growing hemp south of the Equator. The crop study was commissioned with the intent of:

      (i) diversifying CWB’s future hemp supply;
      (ii) proving concept in a new region for local distribution and export;
      (iii) understanding the regulatory export processes for transporting bulk hemp and hemp extract within and outside of South America.

Viewing 0 reply threads
Reply To: Charlotte's Web (TSX: CWEB) International Business DD
Your information: