Co-Founders Raise Concerns to Board, Propose Board Replacements at Annual Meeting of Charlotte's Web Holdings, Inc (CWBHF)

Key Summary: On June 9, 2023, the Co-Founders (8.2%) expressed concerns about the company's performance to the Board and proposed replacing certain Board members at the Annual Meeting. They planned to withhold votes for the Subject Directors and called for an independent chair.

Market Cap: $29 million | Charlotte's Web Holdings, Inc. is involved in the f…