Charlotte's Web™ Unveiling Brightside™ Precision-Formulated Approach to Hemp-Derived THC at Benzinga Conference
LOUISVILLE, Colo., May 27, 2025 /CNW/ - (TSX: CWEB) (OTCQX: CWBHF), From a legacy leader in hemp wellness, Charlotte's Web Holdings, Inc. ("Charlotte's Web" or the "Company") is thrilled to introduce Brightside™—a new line of low-dose THC gummies created to elevate your daily rituals. Designed for relaxation, focus, and recovery, Brightside by Charlotte's Web is built on a foundation of trust, quality, and purpose synonymous with the brand. Powered by cGMP excellence and B-Corp values, this isn't just a product launch—it's a movement toward mindful, empowered THC wellness.
Brightside speaks to the health-conscious consumer—those curious about THC or seeking a more measured, intentional experience. Powered by TiME INFUSION® rapid onset technology, effects begin in just 5–15 minutes—significantly faster than traditional edibles. Each gummy features a micro-dose of hemp-based THC, paired with a purposeful blend of CBD, CBC, and CBG for a balanced, elevated experience.
The initial launch gummies will include:
Rest & Relax: Your hangover-proof way to unwind and vibe. A microdose of THC + CBD melts away tension so you can enjoy the moment—no stress, no regrets.
Focus & Flow: In just five minutes, one gummy flips the switch to full-focus mode—no lag, no distractions. With THC, CBD, and CBG, it sharpens your mind so you can power through anything from chores to creative bursts.
Relieve & Ease: Snap, crackle, pop? Not anymore - this fast-acting gummy soothes soreness and mystery aches. Packed with CBD, THC, CBC, and CBG, it helps ease tension and gets you back to doing what you love.
"Brightside is for anyone who's ever wondered if hemp THC could fit into their wellness routine—but didn't know where to start. Brightside represents our strategic response to growing consumer demand for precision wellness solutions that integrate THC," said Bill Morachnick, CEO of Charlotte's Web. "We've leveraged advanced delivery technology and thoughtful formulations to create a product that's not only fast-acting and consistent, but also rooted in our commitment to safety, transparency, and evidence-based wellness. It's a smarter way to explore THC—designed for those who want to feel better with controlled experiences."
The launch of Brightside comes at a pivotal moment for the hemp industry as consumer demand for low-dose THC edibles continues to surge. This momentum aligns with Mr. Morachnick's participation in the upcoming panel at the Benzinga Cannabis Capital Conference on June 10th, titled "The Hemp Industry Divide: Quick Cash vs. Sustainable Growth." The panel will explore the critical choices facing brands and investors as the market matures, highlighting the importance of innovation grounded in trust, science, and long-term vision—principles that are core to the Brightside launch.
To learn more about the Benzinga conference or to attend the panel in person, please visit the Benzinga Cannabis Capital Conference website.
To learn more about Brightside, please visit www.charlottesweb.com/brightside.
Subscribe to Charlotte's Web investor news.
About Brightside Hemp-Derived THC Gummies
Brightside is a new line of fast-acting hemp-derived THC gummies from Charlotte's Web, designed to elevate your wellness journey with precision and care. Featuring three unique formulations—Relieve & Ease, Rest & Relax, and Focus & Flow—Brightside gummies combine micro- to moderate doses of THC with synergistic cannabinoids, offering targeted benefits in just 5-15 minutes. Brightside embodies a commitment to innovation and wellness, empowering individuals to enhance their daily experiences with curated cannabinoid formulations. Crafted for both the THC-curious and seasoned users, these gummies are made with US-grown hemp and are compliant with the 2018 Farm Bill. All products are marketed as dietary supplements and are not intended for sale to persons under the age of 21.
About Charlotte's Web Holdings, Inc.
Charlotte's Web Holdings, Inc., a Certified B Corporation headquartered in Louisville, Colorado, is a botanical wellness innovation company and a market leader in hemp extract wellness that includes Charlotte's Web whole-plant full-spectrum CBD extracts as well as broad-spectrum CBD and cannabinoid isolates. The Company's hemp extracts have naturally occurring botanical compounds including cannabidiol ("CBD"), CBN, CBC, CBG, THC, terpenes, flavonoids, and other beneficial compounds. Charlotte's Web product categories include CBD oil tinctures (liquid products), CBD gummies (sleep, calming, exercise recovery, immunity), CBN gummies, hemp-derived THC microdose gummies, functional mushroom gummies, CBD capsules, CBD topical creams, and lotions, as well as CBD pet products for dogs. Through its substantially vertically integrated business model, Charlotte's Web maintains stringent control over product quality and consistency with analytic testing from soil to shelf for quality assurance. Charlotte's Web products are distributed to retailers and healthcare practitioners throughout the U.S.A. and are available online through the Company's website at www.charlottesweb.com.
Forward-Looking Information
Certain information provided herein constitutes forward-looking statements or information (collectively, "forward-looking statements") within the meaning of applicable securities laws. Forward-looking statements are typically identified by words such as "may", "will", "should", "could", "anticipate", "expect", "project", "estimate", "forecast", "plan", "intend", "target", "believe" and similar words suggesting future outcomes or statements regarding an outlook. Forward-looking statements are not guarantees of future performance, and readers are cautioned against placing undue reliance on forward-looking statements. By their nature, these statements involve a variety of assumptions, known and unknown risks and uncertainties, and other factors which may cause actual results, levels of activity, and achievements to differ materially from those expressed or implied by such statements. The forward-looking statements contained in this press release are based on certain assumptions and analysis by management of the Company in light of its experience and perception of historical trends, current conditions, expected future development, and other factors that it believes are appropriate and reasonable.
The material factors and assumptions used to develop the forward-looking statements herein include, but are not limited to: regulatory regime changes; anticipated product development and sales; the success of sales and marketing activities; product development and production expectations; outcomes from R&D activities; the Company's ability to deal with adverse growing conditions in a timely and cost-effective manner; the availability of qualified and cost-effective human resources; compliance with contractual and regulatory obligations and requirements; availability of adequate liquidity and capital to support operations and business plans; and expectations around consumer product demand. In addition, the forward-looking statements are subject to risks and uncertainties pertaining to, among other things: supply and distribution chains; the market for the Company's products; revenue fluctuations; regulatory changes; loss of customers and retail partners; retention and availability of talent; competing products; share price volatility; loss of proprietary information; product acceptance; internet and system infrastructure functionality; information technology security; available capital to fund operations and business plans; crop risk; economic and political considerations; and including but not limited to those risks and uncertainties discussed under the heading "Risk Factors" in the Company's Annual Report on Form 10-K for the year ending December 31, 2024, and other risk factors contained in other filings with the Securities and Exchange Commission available on www.sec.gov and filings with Canadian securities regulatory authorities available at www.sedarplus.ca. The impact of any one risk, uncertainty, or factor on a particular forward-looking statement is not determinable with certainty, as these are interdependent, and the Company's future course of action depends on management's assessment of all information available at the relevant time.
Any forward-looking statement in this press release is based only on information currently available to the Company and speaks only as of the date on which it is made. Except as required by applicable law, the Company assumes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise. All forward-looking statements, whether written or oral, attributable to the Company or persons acting on the Company's behalf, are expressly qualified in their entirety by these cautionary statements.
View original content to download multimedia:https://www.prnewswire.com/news-releases/charlottes-web-unveiling-brightside-precision-formulated-approach-to-hemp-derived-thc-at-benzinga-conference-302465489.html
SOURCE Charlotte's Web Holdings, Inc.
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/May2025/27/c6130.html
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
26 minutes ago
- Yahoo
What You Need to Know Ahead of Ross Stores' Earnings Release
With a market cap of $42.8 billion, Ross Stores, Inc. (ROST) operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd's DISCOUNTS brands in the United States. Headquartered in Dublin, California, the company offers apparel, accessories, footwear, and home fashions products. ROST is expected to report its Q2 earnings on Thursday, Aug. 28. Ahead of the event, analysts expect ROST to report a profit of $1.53 per share, down 3.8% from a profit of $1.59 per share reported in the year-ago quarter. It has exceeded analysts' earnings estimates in each of the past four quarters, which is notable. More News from Barchart 2 Recession-Proof Dividend Stocks to Buy for the Second Half of 2025 UnitedHealth Stock Spirals Lower Again. Don't Buy the Dip. Auto Revenue Keeps Plunging at Tesla. Should You Buy the TSLA Stock Dip or Run Far Away? Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! For the current year, analysts expect ROST to report EPS of $6.23, down 1.4% from $6.32 in fiscal 2024. However, its EPS is likely to rise 9% year over year to $6.79 in FY2026. Over the past year, ROST shares surged 4%, underperforming the S&P 500 Index's ($SPX) 17.3% gains and the Consumer Discretionary Select Sector SPDR Fund's (XLY) 22.9% returns over the same time frame. On Jul. 2, shares of Ross Stores climbed more than 1% after Jefferies Financial Group Inc. (JEF) upgraded the stock from a 'Hold' to a 'Buy' rating. The firm also raised its price target to $150, citing improved traffic trends, solid inventory management, and a favorable off-price retail environment as key catalysts for potential upside in the stock. The consensus opinion on ROST stock is highly upbeat, with an overall 'Strong Buy' rating. Out of the 19 analysts covering the stock, 15 recommend a 'Strong Buy' and four recommend a 'Hold.' Its mean price target of $154.53 indicates a robust 11.1% upside potential from current price levels. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
26 minutes ago
- Yahoo
Dollar Tree Earnings Preview: What to Expect
Dollar Tree, Inc. (DLTR) is a major U.S. discount retailer headquartered in Virginia, operating over 9,000 stores under the Dollar Tree and Dollar Tree Canada brands. With a market cap of $24 billion, the company offers a wide range of consumables, seasonal goods, and general merchandise through its physical locations and bulk e-commerce platform, supported by a nationwide logistics network. The company is expected to announce its fiscal Q2 2025 earnings results on Wednesday, Sept. 3. Ahead of this event, analysts expect the company to report an adjusted EPS of $0.36, down 46.3% from $0.67 in the year-ago quarter. It has surpassed Wall Street's earnings estimates in two of the last four quarters while missing on two other occasions. More News from Barchart 2 Recession-Proof Dividend Stocks to Buy for the Second Half of 2025 UnitedHealth Stock Spirals Lower Again. Don't Buy the Dip. Auto Revenue Keeps Plunging at Tesla. Should You Buy the TSLA Stock Dip or Run Far Away? Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! For fiscal 2025, analysts expect the discount store chain to report an adjusted EPS of $5.43, up 6.5% from $5.10 in fiscal 2024. In addition, adjusted EPS is anticipated to grow 15.1% year-over-year to $6.25 in fiscal 2026. DLTR shares have climbed 10.2% over the past 52 weeks, lagging behind both the S&P 500 Index's ($SPX) 17.3% gain but surpassing the Consumer Staples Select Sector SPDR Fund's (XLP) 4.6% return over the same period. On July 21, shares of Dollar Tree gained more than 2% following an upgrade from Barclays plc (BCS), which raised its rating on the stock to 'Overweight' from 'Equal Weight.' The firm also lifted its price target to $120, citing improved fundamentals and growing confidence in the company's turnaround strategy. Barclays highlighted Dollar Tree's focus on reaccelerating growth through store remodels, pricing flexibility with its Dollar Tree Plus format, and the recent divestiture of its underperforming Family Dollar segment as key catalysts. The upgrade reflects optimism around the retailer's potential to expand margins, drive stronger traffic, and enhance shareholder value in the coming quarters. Analysts' consensus view on Dollar Tree's stock is cautiously optimistic, with a "Moderate Buy" rating overall. Among 23 analysts covering the stock, eight recommend "Strong Buy," 13 suggest "Hold," one gives "Moderate Sell," and one 'Strong Sell.' DLTR currently trades above its average analyst price target of $99.28. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
26 minutes ago
- Yahoo
What to Expect From Workday's Q2 2025 Earnings Report
With a market cap of $64.4 billion, Workday, Inc. (WDAY) is a leading enterprise software company based in Pleasanton, California. It offers cloud-native solutions for human capital management (HCM), financial management, planning, analytics, and ERP across industries such as technology, healthcare, education, government, and finance. WDAY is set to report its Q2 earnings on Thursday, Aug. 28. Ahead of the event, analysts expect WDAY to report an EPS of $0.80 per share, up 116.2% from a profit of $0.37 per share reported in the year-ago quarter. It has exceeded or met analysts' earnings estimates in two of the past four quarters, while missing on two other occasions. More News from Barchart 2 Recession-Proof Dividend Stocks to Buy for the Second Half of 2025 UnitedHealth Stock Spirals Lower Again. Don't Buy the Dip. Auto Revenue Keeps Plunging at Tesla. Should You Buy the TSLA Stock Dip or Run Far Away? Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! For fiscal 2025, analysts expect WDAY to report an EPS of $3.51, up 107.7% from $1.69 in fiscal 2024. Moreover, in fiscal 2026, its EPS is expected to grow 36.2% year over year to $4.78. Over the past year, WDAY shares climbed 8%, underperforming the S&P 500 Index's ($SPX) 17.3% gains and the Technology Select Sector SPDR Fund's (XLK) 21.1% returns over the same time frame. On July 10, shares of Workday fell more than 4% after Piper Sandler Companies (PIPR) downgraded the stock from 'Neutral' to 'Underweight,' citing valuation concerns and potential near-term growth headwinds. The firm also lowered its price target to $235, suggesting downside from current price levels. Moreover, analysts remain highly bullish about WDAY stock's future prospects, with a "Strong Buy" rating overall. Among 37 analysts covering the stock, 24 recommend a 'Strong Buy,' three suggest a 'Moderate Buy,' nine advise a 'Hold,' and the remaining analyst gives a 'Strong Sell.' WDAY's mean price of $296.59 implies a premium of 25% from its prevailing price level. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
