Charlotte's Web Reports Shareholder Meeting Voting Results | CWBHF Stock News

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Jun 13, 2025
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  • Charlotte's Web Holdings (CWBHF, Financial) conducted its 2025 annual shareholder meeting with a 36.87% voter turnout.
  • Maureen Usifer received the highest approval with 87%, while Jared Stanley had the lowest at 66%.
  • All nominees for the board of directors were successfully elected.

Charlotte's Web Holdings, Inc. (CWBHF) recently conducted its annual general meeting for 2025 via a live audio webcast on June 12. A total of 58,493,957 votes were cast, representing 36.87% of the company's total voting shares. The primary focus of the meeting was the election of directors, where all nominees successfully secured their positions on the board.

The voting results showcased strong support for Maureen Usifer, who received the highest approval with 87% in favor. Both Matthew McCarthy and Angela McElwee each garnered 82% of the votes. William Morachnick and Jonathan Atwood both secured their positions with 72% support. Jared Stanley obtained his director seat with the support of 66% of voters.

Charlotte's Web Holdings, Inc., headquartered in Louisville, Colorado, is a leading name in the botanical wellness sector, known for its hemp extract wellness products, including full-spectrum CBD extracts. As a Certified B Corporation, the company uses a vertically integrated business model ensuring stringent quality control from soil to shelf. Its product line includes CBD oil tinctures, gummies, capsules, and topical creams, distributed extensively across the U.S.A. and available online at the company's website.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.