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Re: JohnCM post# 39

Thursday, 01/10/2019 11:25:15 AM

Thursday, January 10, 2019 11:25:15 AM

Post# of 133
I don't think it was part of the IPO:

I don't see "Bio Tec" anywhere in here:

Background

Charlotte’s Web Holdings, Inc. was incorporated under the Business Corporations Act (British Columbia) on May 18, 2018, as Stanley Brothers Holdings Inc. On July 12, 2018, the Company changed its name to Charlotte’s Web Holdings, Inc. The Company was created to indirectly acquire and hold all of the shares of CWB Holdings, Inc. (CWB). Stanley Brothers, Inc. was incorporated under the laws of Delaware on June 15, 2018 and is a wholly owned subsidiary of the Company. In conjunction with the initial public offering, Stanley Brothers, Inc. changed its name to Charlotte’s Web, Inc. CWB was incorporated under the Colorado Business Corporation Act (“CBCA”). CWB was initially formed December 8, 2013 under the name Stanley Brothers Social Enterprises, LLC, and on June 19, 2015, changed its name to CWB Holdings, LLC. On December 30, 2015, it converted from a limited liability company to a corporation pursuant to Colorado law and changed its name to CWB Holdings, Inc.

https://backend.otcmarkets.com/otcapi/company/financial-report/208690/content

I'm pretty sure Stanley Brothers Bio Tec, Inc. is a separate entity from CWBHF. Why do you say they are one in the same?

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