Sign In  |  Register  |  About Corte Madera  |  Contact Us

Corte Madera, CA
September 01, 2020 10:27am
7-Day Forecast | Traffic
  • Search Hotels in Corte Madera

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

Tilray ($TLRY) and Charlotte's Web ($CWBHF) Announce Canadian Alliance for CBD Hemp Extract Products

Green Stock News LLC

 

Tilray Brands – TheNewswire - (TLRY), and Charlotte’s Web Holdings (CWBHF) have announced a new strategic alliance to distribute CBD hemp and extract products throughout Canada.

 

The two companies say that the new endeavor will bring the core offerings of Charlotte’s Web to Canadian consumers through Tilray’s established distribution network.

 

Jacques Tortoroli, CEO of Charlotte’s Web commented: “Charlotte’s Web is thrilled to be partnering with Tilray Brands, a respected global category captain. This underscores our strategic expansion into international markets with leading domestic partners by leveraging well-established infrastructure, co-production, and route-to-market capabilities.”

 

Blair MacNeil, President at Tilray Canada stated: “This is an exciting time for the Canadian CBD market as more Canadians seek natural wellness options. Partnering with Charlotte’s Web, the market leading CBD brand, opens new opportunities for Tilray Brands in Canada as we evolve our distribution channels from the dispensary model to natural wellness retail channels and eventually mass retail opportunities.”

 

Initial rollout is expected to begin in early 2023 for hemp extract oil tinctures, followed by gummies and topicals.

 

Tilray Brands is a leading global cannabis-lifestyle and consumer packaged goods company with operations in Canada, the United States, Europe, Australia, and Latin America. Charlotte's Web is a market leader in innovative hemp extract wellness products under its family of brands.

 

Shares of Tilray trade on the NASDAQ under the ticker symbol TLRY while Charlotte's Web trades on the OTC marketplace under the symbol CWBHF. For more information visit www.greenstocknews.com.

  

Source: https://greenstocknews.com/newswire/tilray-tlry-and-charlotte-s-web-cwbhf-announce-canadian-alliance-for-cbd-hemp-extract-products

 

Disclaimer

 

This content is not financial advice and is for information, education and entertainment purposes only. Green Stock News is not responsible for any losses related to the financial decisions made by you. Video content and other materials including web content are based on data obtained from sources we believe to be reliable but are not guaranteed as to accuracy and are not purported to be complete. As such, the information should not be construed as advice designed to meet the particular investment needs of any investor. Green Stock News is not responsible for any gains or losses that result from the opinions expressed in this video or materials that it publishes electronically.

 

View original video news clips here: https://greenstocknews.com/green-stock-newswire 

 

Copyright (c) 2022 TheNewswire - All rights reserved.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Copyright © 2010-2020 CorteMadera.com & California Media Partners, LLC. All rights reserved.