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Charlotte's Web Holdings, Inc.

10:14 AM EST - Charlotte's Web Holdings, Inc. : Announced the appointment of William (Bill) Morachnick who has joined the Company as its Chief Executive Officer. Morachnick has also been appointed to the Company's Board of Directors as a non-independent director. He replaces CEO Jacques Tortoroli who has elected to resign from his roles at Charlotte's Web. Charlotte's Web Holdings, Inc. shares T.CWEB are trading up $0.02 at $0.47.