CHARLOTTE'S WEB HOLDINGS, INC. : Change in Directors or Principal Officers (form 8-K)

Item 5.02 Departure of Directors or Certain Officers; Election of Directors;

          Appointment of Certain Officers; Compensatory Arrangements of Certain
          Officers

On January 5, 2022, W. Anthony True's position as Chief Customer Officer was eliminated, effective January 31, 2022. At such time, Mr. True's employment with the Company will cease. There was no accelerated vesting of any of Mr. True's outstanding stock options or restricted share awards.

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