New 'Skin Health & Allergy Support Chews' are a great way to support canine skin health related to seasonal allergies

Charlotte's Web Holdings, Inc. (TSX: CWEB) (OTCQX: CWBHF) ("Charlotte's Web," or the "Company"), the market leader in full spectrum hemp extract products today announced the newest addition to its pet product line:  Charlotte's Web™ Skin Health & Allergy Support Chews for dogs with sensitive skin due to seasonal allergies. Like humans, some dogs suffer through allergy season with itchy, sensitive skin. The dog-loving Charlotte's Web product development team created Skin Health & Allergy Support Chews with the Company's proprietary full-spectrum hemp extract and other beneficial botanicals so pet parents can support skin health for their furry friends.

Charlotte's Web™ Skin Health & Allergy Support Chews are chicken flavored and come in 30-count ($19.99 SRP) and 60-count ($34.99 SRP) sizes and are non-GMO and grain-free. Like all Charlotte's Web products, all pet SKUs are tested 20+ times from seed to shelf for quality and safety assurance.

According to Dr. Kwane Stewart, aka 'The Street Vet' and Charlotte's Web Brand Ambassador, skin health and allergy concerns are the most common ailment he sees in his patients in-clinic and on the streets in Southern California. "As we continue to learn more about the science of allergies in our dogs, we are finding it often requires a multimodal approach - combining traditional and alternative therapies for the best outcome," said Dr. Stewart.

Charlotte's Web™ Skin Health & Allergy Support Chews are formulated with the company's proprietary full-spectrum hemp extract and other natural botanicals including Biotin, Nettle Leaf, Burdock Root and Marshmallow Root. These new chews help dogs maintain the normal moisture content of their skin and support overall skin health from the inside out. They also support the normal detoxification process in dogs' bodies.

"A full spectrum hemp extract can support a dogs' skin health as they go through allergy season.  CBD has been determined to be safe for canines based on research conducted at Colorado State University^[1]," Charlotte's Web Director of Education Dr. Jen Palmer said.

About Charlotte's Web Holdings, Inc.

Charlotte's Web Holdings, Inc., a Certified B Corporation headquartered in Denver, Colorado, is the market leader in innovative hemp extract wellness products under a family of brands which includes Charlotte's Web™, CBD Medic™, CBD Clinic™, and Harmony Hemp™. Charlotte's Web branded premium quality products start with proprietary hemp genetics that are 100-percent American farm grown and manufactured into hemp extracts containing naturally occurring phytocannabinoids including cannabidiol ("CBD"), CBC, CBG, terpenes, flavonoids and other beneficial hemp compounds. The Company's CW Labs R&D science division is located at the University at Buffalo in New York which is part of the State University of New York (SUNY) system of 64 universities. Charlotte's Web product categories include full spectrum hemp extract oil  tinctures (liquid products), gummies (sleep, stress, immunity, exercise recovery), capsules, CBD topical creams and lotions, as well as products for dogs. Charlotte's Web products are distributed to more than 14,000 retail doors and 8,000 health care practitioners, and online through the Company's website at www.CharlottesWeb.com.

Charlotte's Web's mission is 'To unleash the healing powers of botanicals with compassion and science, benefitting the planet and all who live upon it."

Forward-Looking Information  

This news release contains forward-looking statements and information within the meaning of applicable securities legislation. Often, but not always, forward-looking statements and information can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "estimates", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements or information involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of Charlotte's Web to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements or information contained in this news release.   

Risks, uncertainties, and other factors involved with forward-looking information could cause actual events, results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking information, including assumptions as to the efficacy and results of research; and the adverse impact of the COVID-19 pandemic to the Company's operations. These foregoing lists are not exhaustive. Additional information on these and other factors which could affect the Company's operations or financial results are included in the Company's most recent annual information form and other public documents on file with the Canadian Securities regulatory authorities on www.sedar.com.