Charlotte’s Web confirms active discussions with both (NASDAQ and NYSE) exchanges of various related matters.
New CFO at Charlotte’s Web, Russ Hammer’s appointment was in the works for some time and CW wanted to complete this ahead of their US listing efforts as Mr. Hammer will play a big role in the application process and the reporting compliance. Mr. Hammer has experience leading multi-billion dollar companies on both the NASDAQ and the NYSE.
Despite whatever near term gyrations in the market occur CW spokesperson quoted CW’s long term opportunity is stronger than ever. The appointments of Deanie and Russ as CEO and CFO, along with several other leadership additions this year are setting the stage to become a dominant global CPG company in the CBD category.
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