Charlotte’s Web Signs Distribution Agreement with Southern Glazer’s Wine & Spirits

Charlotte’s Web Holdings, Inc. , the market leader in hemp-derived cannabidiol (“CBD’) extract wellness products, has signed a multi-year distribution agreement with Southern Glazer’s Wine & Spirits (“Southern Glazer’s”), the world’s premier distributor of wine and spirits. Charlotte’s Web CBD gummies, capsules and oil tinctures will be available through Southern Glazer’s retail customer network.

Charlotte’s Web is known for producing The World’s Most Trusted Hemp Extract. This distribution agreement brings together America’s leading CBD brand with America’s leading wine and spirits beverage distribution company. Southern Glazer’s operations in 44 U.S. states and the District of Columbia reach consumers at mainstream retail stores licensed to sell alcohol including grocery and specialty retailers.

“This exciting relationship is another step in delivering on our promise to shift our model to key multi-state distributor relationships in new industry verticals,” said Jacques Tortoroli, Chief Executive Officer of Charlotte’s Web. “Southern Glazer’s large-scale distribution within food and beverage, specialty beer, wine and spirits retail, hospitality and big box retail addresses consumer demand for wellness options in this category. I look forward to working closely to grow our respective businesses.”

“We’ve continued to build on our expertise in CBD by providing our suppliers and customers with a trusted distribution experience that enables us to grow this category,” said Kariff Rhooms, Vice President, New Ventures, Southern Glazer’s Wine & Spirits. “Adding Charlotte’s Web enables us to bring an expanded portfolio of innovative products to our retail customers and continue to grow the exciting CBD category.”