---
schema_version: "secwatch.filing_event.v1"
accession: "0001279569-22-001819"
form_type: "8-K"
ticker: "CWBHF"
cik: "0001750155"
company_name: "Charlotte's Web Holdings, Inc."
filed_at: "2022-11-04T23:59:59+00:00"
generated_at: "2026-06-22T07:10:58.344734+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Charlotte's Web enters strategic alliance with Tilray for CBD product distribution in Canada

## Summary
- Tilray gets exclusive rights to license, manufacture, market, and distribute Charlotte's Web CBD products in Canada.
- Tilray to pay Charlotte's Web a monthly royalty of 10% of net sales revenue from third-party sales.
- Tilray commits to minimum annual marketing spend of 5% of net sales, plus C$250,000 launch marketing in first contract year.
- Products expected to launch in Canada in early 2023, starting with hemp extract oil tinctures, then gummies and topicals.
- Agreement expires Oct 31, 2026; either party can terminate for convenience after Oct 31, 2024 with 6 months' notice.

## SEC filing metadata
- accession: 0001279569-22-001819
- form_type: 8-K
- ticker: CWBHF
- cik: 0001750155
- company_name: Charlotte's Web Holdings, Inc.
- filed_at: 2022-11-04T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1750155/000127956922001819/0001279569-22-001819-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1750155/000127956922001819/charlotteform8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001279569-22-001819
- JSON: https://secwatch.observer/filing/0001279569-22-001819.json
- Plain text: https://secwatch.observer/filing/0001279569-22-001819.txt

## Key facts
- Material Agreements
  Charlotte's Web Holdings, Inc. entered into Manufacturing and Sales License Agreement with Aphria, Inc., an Ontario corporation, an affiliate of Tilray Brands, Inc. valued at $250,000 (Canadian dollars) (effective 2022-11-01).
  - Action: entry
  - Agreement: license
  - Counterparty: Aphria, Inc., an Ontario corporation, an affiliate of Tilray Brands, Inc.
  - Value: $250,000 (Canadian dollars)
  - Effective: 2022-11-01
  source text: Effective as of November 1, 2022, Charlotte’s Web Holdings, Inc. (the “Company”) entered into a Manufacturing and Sales License Agreement (the “Agreement”) with Aphria, Inc., an Ontario corporation, an affiliate of Tilray Brands, Inc. (“Tilray”), pursuant to which the parties entered into a strategic alliance by which Tilray will have the rights to licensing, manufacturing, quality, marketing and distribution of Charlotte’s Web TM CBD hemp extract products in Canada.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1750155/000127956922001819/0001279569-22-001819-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.