Charlotte's Web extends name and likeness license with Stanley Brothers to Dec 31, 2023

Charlotte's Web Holdings, Inc.

Extended Name and Likeness License Agreement with Leeland & Sig LLC (Stanley Brothers Brand Company) from June 30 to December 31, 2023.
Sixth amendment to the original 2018 agreement; prior extensions had already moved the term to June 30, 2023.
Related parties: founders Jesse, Jared, and Joel Stanley are involved in separate agreements (promissory note, SBH purchase option).
Extension is a procedural continuation of existing license; no monetary terms disclosed.

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