Replies to post #5897 on Charlotte's Web Holdings Inc (CWBHF)

[DarthYoda]

"C$18.4 million (US$14.0 million) for cultivation infrastructure"

The Company has applied US$3.0 million of the net proceeds in connection with the expansion of cultivation infrastructure and equipment. The remaining approximately US$11.0 million of the net proceeds is expected to be used for the same purposes in the next 12-month period.

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