secwatch.observer — SEC 8-K summary
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Issuer:     Charlotte's Web Holdings, Inc. (CWBHF)
CIK:        0001750155
Form:       8-K
Filed at:   2023-07-03T23:59:59+00:00
Accession:  0001279569-23-000844
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1750155/000127956923000844/0001279569-23-000844-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1750155/000127956923000844/form8k.htm
  HTML page:      https://secwatch.observer/filing/0001279569-23-000844

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer