Core Insights - Charlotte's Web Holdings, Inc. has appointed M. Borgia Walker to its Board of Directors, effective November 1, 2025, bringing extensive experience in transformation and financial leadership from the consumer goods and financial services industries [1][7]. Company Overview - Charlotte's Web is a botanical wellness innovation company and the market leader in cannabidiol (CBD) hemp extract wellness products, headquartered in Louisville, Colorado [8]. - The company offers a range of products including CBD oil tinctures, gummies, capsules, topical creams, and pet products, maintaining stringent control over product quality through a vertically integrated business model [8][9]. Leadership Experience - Ms. Walker has over 30 years of experience, currently serving as Chief People Officer at Reynolds American Inc., where she has led significant transformation initiatives [2][4]. - Her background includes finance and audit, with expertise in enterprise risk management, internal audits, and regulatory compliance [3][4]. Community Engagement - Ms. Walker is committed to community service, having served on various boards, including Allegacy Federal Credit Union, and has received multiple awards for her contributions to business and community [5][6]. Strategic Importance - The appointment of Ms. Walker is seen as beneficial for Charlotte's Web, aligning with the company's priorities in navigating complex regulatory environments and enhancing sustainability efforts [7].

Core Insights - Charlotte's Web has launched a new hemp-derived THC product called Knockout, expanding its Brightside collection into the sleep market, combining cannabinoids and fast-acting delivery technology to support quality sleep [2][3] Product Details - Knockout is a blackberry-flavored gummy infused with a balanced ratio of hemp-derived THC and CBN, designed to help users fall asleep and promote restful sleep throughout the night [2][3] - The proprietary AZUCA TiME INFUSION™ delivery system allows for rapid onset of effects, typically within 5 to 15 minutes [2][7] - Knockout retails for $39.99 for a 20-count package and is available online and at select retailers starting October 14, 2025 [4] Market Positioning - The sleep segment is one of the fastest-growing areas in wellness, and Charlotte's Web aims to lead the hemp wellness category with Knockout [3] - The product is positioned as a natural alternative to alcohol and traditional sleep aids, appealing to consumers seeking safe and reliable sleep solutions [3] Brand Commitment - Charlotte's Web emphasizes its commitment to ingredient integrity and science-backed formulations, enhancing its portfolio with innovative, fast-acting products [3][5] - The Brightside line includes other formulations such as Unwind, Focus, and Recover, showcasing the company's dedication to precision wellness [5]