Charlotte's Web Holdings Inc (CWBHF)

[Wolf-man jack]

BEWARE of CWBHF DISINFORMATION ON THIS MESSAGE BOARD
March 4, 2023

WISE WQLF SAYS;

The Amount Paid to Stanley Brothers was $8,000,000 Million Dollars NOT $8,000 Thousand Dollars as the Information that was Posted is VERY MISLEADING YQU Understand. The SEC FILING was in THOUSANDS YQU NOW Understand YQU Understand. Here is an Article to Prove The FACTS YQU NOW Understand. Have Mercy WISE WQLF Ahooooooo

Dr. Joong J Fang Said; This is how one will know that this Agreement is not Going to Happen. This NON BINDING AGREEMENT is already costing Shareholders over $10,000,000 Dollars.

“CW is not obligated to exercise the Option.” “

“ Additional Terms of the Option

The five-year Option (extendable to seven years upon payment of additional consideration) with Stanley Brothers USA shareholders was purchased for total consideration of US$8 million cash. Upon the occurrence of the Triggering Event, the Company may exercise the Option to acquire Stanley Brothers USA for a purchase price to be determined at the time of exercise of the Option. The purchase price determination will involve weighted application of 3.5 times revenue and 13.5 times EBITDA multiples to Stanley Brothers USA's financial statements at the relevant time, or a base amount and earn-out, in certain circumstances. The purchase price will be subject to customary adjustments for working capital, debt and cash at closing, and certain portions of the purchase price may be held back to cover post-closing adjustments and indemnification matters. Subject to compliance with applicable law and stock exchange approval, if required, Charlotte's Web intends to satisfy the purchase price through the issuance of common shares of CW ("CW Shares"), to be issued at a price based on the 20-day volume weighted average trading price of the CW Shares on the Toronto Stock Exchange at the relevant time of issuance.

CW is not obligated to exercise the Option.”

https://www.prnewswire.com/news-releases/charlottes-web-positions-to-enter-us-cannabis-wellness-market-301239203.html

GE JIM SAID;

“Will start here: Stanley Brothers USA Purchase Option
In 2021, the Company entered into an option purchase agreement with Stanley Brothers USA. The SBH Purchase Option was purchased for total consideration of $8,000 and has a five year term (extendable for an additional two years upon payment of additional consideration).;”

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171359943

MORE DISINFORMATION

THE DOLLAR AMOUNTS ARE IN THOUSANDS

The Loan was for $1,000,000 Million Dollars and NOT $1,000 Dollars.

“ This agreement included a secured promissory note, where $1,000 was loaned to one of the founders. The note receivable is secured by equity instruments with certain founders of the Company, is carried at amortized cost, bore interest at 3.25% per year, and required the unpaid principal and unpaid interest balances to be paid on or before the maturity date of November 13, 2021. The founders requested an extension of the maturity date, as allowed under the terms of the promissory note, resulting in an extension of the maturity date to November 13, 2023.”

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171359955
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