Charlotte's Web
Charlotte's Web is a Colorado-based company that develops and distributes hemp-derived cannabidiol (CBD) wellness products. Its product lines include tinctures, capsules, gummies, topicals, and pet products sold through its own e-commerce site, third-party e-commerce, distributors, and specialty retailers. The company maintains a vertically integrated model with proprietary hemp genetics grown using organic and regenerative farming practices and conducts extensive quality testing, with 20+ product lots tested for quality assurance. Its CW Labs research division advances hemp science at a center of excellence in Colorado, while collaborations with academic institutions, such as the University at Buffalo’s Center for Integrated Global Biomedical Sciences, support cannabinoid research. Founded in 2014, Charlotte's Web emphasizes product quality, consistency, and science-led development of its hemp-derived wellness offerings.
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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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