Charlotte's Web
Charlotte's Web Holdings, Inc. is a leading producer and distributor of hemp-based cannabidiol (CBD) wellness products in the United States. The company offers a diverse range of products, including tinctures, capsules, gummies, topicals, and pet products, all crafted from proprietary hemp genetics cultivated using organic and regenerative farming practices. Charlotte's Web markets its products through its e-commerce platform, third-party websites, and various brick-and-mortar retailers, ensuring a wide reach across different consumer channels. The company's commitment to quality is underscored by its vertically integrated business model, which includes rigorous testing of product lots for quality assurance. Additionally, Charlotte's Web has established a collaboration between its CW Labs research division and the University at Buffalo's Center for Integrated Global Biomedical Sciences to advance the scientific understanding of hemp cannabinoids. Founded in 2014 and headquartered in Boulder, Colorado, Charlotte's Web has built a reputation for premium wellness products rooted in natural, beneficial compounds.
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Abacus Health Products
Acquisition in 2020
Abacus Health Products, Inc. is a manufacturer and distributor of over-the-counter topical formulations infused with cannabidiol (CBD) derived from hemp. The company offers its products under two main brands: CBD CLINIC and CBDMEDIC. The CBD CLINIC line includes analgesic ointments, creams, pain sticks, and massage oils designed for acute musculoskeletal and joint pain relief. Meanwhile, the CBDMEDIC line features a range of products such as sport ointments, arthritis creams, and therapeutic skincare items for conditions like eczema and acne. Abacus markets its products to both health practitioners, including chiropractors and physical therapists, and directly to consumers through retail pharmacy chains and online platforms. Additionally, the company is engaged in developing new CBD products aimed at expanding its offerings in the health and wellness sectors. Headquartered in Toronto, Canada, Abacus Health Products operates as a subsidiary of Charlotte's Web Holdings, Inc.
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