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.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.