Business
Charlotte's Web Appoints Former Canopy Growth Executive, Tim Saunders, to Board of Directors
Charlotte's Web Appoints Former Canopy Growth Executive, Tim Saunders, to Board of Direct...
About this update from Charlotte's Web Holdings, Inc.
[{"type":"text","content":"\n \n \n \n Charlotte's Web Appoints Former Canopy Growth Executive, Tim Saunders, to Board of Directors\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n Bring\n \n \n s\n \n \n global and\n \n \n Canadian\n \n \n cannabis and hemp\n \n \n sector\n \n \n governance and\n \n \n finance\n \n \n expertise\n \n \n \n \n This news release constitutes a \"designated news release\" for the purposes of Charlotte's Web Holdings Inc.'s prospectus supplement dated\n \n June 3, 2021\n \n to its short form base shelf prospectus dated\n \n May 5, 2021\n \n .\n \n \n \n \n DENVER\n \n ,\n \n \n June 21, 2021\n \n \n /CNW/ - Charlotte's Web Holdings, Inc. (\"Charlotte's Web\" or the \"Company\") (TSX: CWEB) (OTCQX: CWBHF), the market leader in\n \n hemp CBD extract products\n \n , announced the appointment of Tim Saunders to its Board of Directors.\n \n \n \n \n \n \n \n \n \n \n Tim Saunders\n \n was Chief Financial Officer of Canopy Growth Corporation (\"Canopy\") from its entrepreneurial beginning and led its public up-listing to the Toronto Stock Exchange, and subsequently to the New York Stock Exchange – both firsts for the cannabis sector.  During his tenure he oversaw more than\n \n C$6\n \n .4 billion in financings, 31 acquisitions, and an increase in market capitalization from approximately\n \n C$100 million\n \n to\n \n C$20 billion\n \n , as the world's largest cannabis company. Mr. Saunders retired from his role at Canopy in\n \n May 2019\n \n after four years with the Company.\n \n \n Mr. Saunders has built extensive experience under the cannabis regulatory regimes for compliant management of corporate financing, M&A, business transformations, and financial reporting in\n \n Canada\n \n and the U.S. He has a global cannabis market perspective and is intimately familiar with the Canadian cannabis market including the licensing and regulatory oversight under Health Canada.\n \n \n Most recently ...