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BOULDER, CO, June 3, 2019 /HalcyonTV/ - Charlotte's Web Holdings, Inc. ("Charlotte's Web" or the "Company") (TSX:CWEB, OTCQX:CWBHF), the market leader in hemp CBD extract products, has officially unveiled its newest CBD product line - hemp extract-infused CBD Gummies – made with whole-plant extract from its prized hemp genetics and featuring synergistic functional ingredients to support specific health related functions including everyday stress, sleep, and recovery from exercise or active lifestyles.
Available in a variety of flavors, gummies are the latest addition to the Company's expanding line of CBD hemp-extract products. They are available for purchase through Charlotte's Web online store today, and begin shipping this week to retailers within the Company's growing network of more than 6000 locations across the United States.
"Gummies are a very popular edible format as a result of convenience and measurable consumption," stated Kelsey Morrison, Associate Director of Product Development at Charlotte's Web. "This new delivery format from Charlotte's Web provides an easy bite-sized way to ingest full-spectrum hemp-extract CBD."
The market for gummy vitamins for wellness is a global phenomenon, forecasted to rise at a CAGR of 5.2% between 2017 and 2025 according to Transparency Market Research and reaching US$4.17 billion by 2025. CBD gummies specifically have gained significant popularity lately as more people learn about CBD and its potential health benefits. In 2018 "CBD gummies" ranked as the third most searched term in the food category on Google.
"Our customers have been asking for gummies and we are excited to bring this new format to our product portfolio," said Deanie Elsner, CEO of Charlotte's Web. "When developing this product line, our product sciences team wanted to ensure that our gummies would be differentiated and thoughtfully formulated to be as effective as possible. As a result, we've created superior formulations that pair our high-quality hemp extract with supporting botanicals to provide enhanced results."
The gummies feature Charlotte's Web whole-plant hemp extract made from the Company's proprietary hemp genetics that people know and trust. Charlotte's Web extracts contain a full-spectrum of 80+ naturally occurring phytocannabinoids plus terpenes and flavonoids. In addition, the three varieties of gummies are uniquely formulated and enhanced with functional herbs and botanical supplements that work in synergy to further support a targeted wellness focus.
Charlotte's Web developed three gummy CBD options:
Visit the online store to view or purchase Charlotte's Web gummies today.
Charlotte's Web continues to blaze new trails, harnessing its brand leadership advantage as the digital marketplace leaders open up to ecommerce and digital advertising for hemp extract products. "In addition to availability through our retail channels and online store, we are launching a pilot digital marketing program through Google, and are also working to make our products available on Amazon," added Ms. Elsner.