Charlottes Web Holdings (CSE: CWEB) (OTCQX: CWBHF) - Investor Dashboard
|Employees:||225 at 6/30/18|
Charlottes Web Holdings – Hemp Facilities
Hemp-based CBD grown, sold and distributed in the United States
300 acres of cultivation (2018E) / 40,000-square-foot manufacturing and R&D facility
The cultivation of CBD-based industrial hemp in the United States is relatively new. As a result, there is limited technology available in the market related to the planting and harvesting of these crops. Since its first crop production in 2014, Charlotte’s Web has taken a leadership position in advancing the technology surrounding all aspects of Industrial Hemp production. The company’s R&D efforts are being driven by the increasing demand for its products and its desire to create an expanded portfolio of products that serve the customers’ needs. R&D focus is primarily on growing the highest quality product in the industry, and secondly on the scalability and economic cost to produce the crops.
The company has plans to expand its manufacturing and R&D facility to 130,000-square feet.
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