The Canadian Securities Exchange published a memo this morning identifying that Charlotte’s Web Holdings would be delisting from the exchange. The release indicated that it would be upgrading to the Toronto Stock Exchange.
Shares are to delist as of market close on Thursday, May 30, 2019.
While no release has been made official by the company as of the time of writing, it is assumed that the ticker will remain the same.
Charlotte’s Web Holdings, Inc. is the market leader in the production and distribution of innovative hemp-derived cannabidiol (“CBD”) wellness products. Founded by the Stanley Brothers, the Company’s premium quality products start with proprietary hemp genetics that are responsibly manufactured into hemp-derived CBD extracts naturally containing a full spectrum of phytocannabinoids, including CBD, terpenes, flavonoids and other beneficial hemp compounds.
Charlotte’s Web is set to release its first quarter financial after the market close today.
Information for this briefing was found via The CSE and Charlotte’s Web Holdings. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.