Replies to post #7320 on Charlotte's Web Holdings Inc (CWBHF)

[maximus_dm]

[maximus_dm]

Agree. Supplement filings today reveal most of the proceeds from selling the shares ($100 mn) go to the Stanleys.

- Although they do not state the reason for the selling, why would they sell now when CBD category growth is exploding this year, and CW is expanding business at a rapid pace? They might sell for their personal reasons.

However, I think it could also be for their THC business. They probably feel the timing is right to infuse more capital into the THC business and hence cashed out some of their CW shares. I think there could be some synergies in the businesses at a later stage, particularly in medical research, beverages and they could merge the businesses at a later date. Otherwise, I do not see any reason for them to sell some of their shares in CW at this point.

https://stanleybrothers.co/

And, they have been hiring recently.

https://www.linkedin.com/in/tim-orr/
https://www.linkedin.com/in/julian-shiff-07914b14/
https://www.linkedin.com/in/madaline-goldstein-3b964a29/
https://www.linkedin.com/in/jdaigle/
https://www.linkedin.com/in/matthew-poveromo-17659b70/
https://www.linkedin.com/in/violinam/