Connect with us

Hi, what are you looking for?

Tuesday, Feb 18, 2025
Mugglehead Investment Magazine
Alternative investment news based in Vancouver, B.C.

Business

Charlotte’s Web inks distribution agreement with Stark Foods International

Stark Foods supplies to some of the largest drug, grocery and mass retailers as well as specialty independent retail not served by mainstream distributors

Charlotte's Web inks distribution agreement with Stark Foods International
Charlotte’s Web Announces Hemp Extract CBD Gummies for Calming, Recovery, and Sleep. Photo via Charlotte's Web Holdings, Inc.

Charlotte’s Web Holdings, Inc.  (TSX: CWEB)(OTCQX: CWBHF) signed an agreement with a distributor of European specialty food and beauty products to grocery and retail shops.

On Thursday, the CBD-focused firm announced the agreement with Stark Foods International which delivers products in the United States coast-to-coast. Stark Foods uses a direct delivery model in the New York Tri-State area and a nationwide direct-to-retailer or sub-distributor.

The distributor supplies some of the largest drug, grocery and mass retailers as well as specialty independent retail not served by mainstream distributors.

“Stark is a well-respected distribution partner with particular strength in curated European products, where Charlotte’s Web has the opportunity to significantly increase its awareness to new groups of consumers ,” said Jacques Tortoroli, Chief Executive Officer of Charlotte’s Web.

“Initial distribution will focus on making further in-roads to the high value New York Tri-State area through Stark’s top independent retailers.”

Read more: Tilray to bring Charlotte’s Web CBD products into Canadian market

Read more: Charlotte’s Web signs distribution agreement with leading wine and spirit distributor

Stark’s COO Vasilike Miksa said the company saw an opportunity to introduce its customers to trusted wellness products that align with their purchasing habits but aren’t broadly available in some of our channels.

“Our decision to add CBD to our offerings, and specifically Charlotte’s Web, is due to  the best-in-class reputation  that Charlotte’s Web has earned as the CBD pioneer and market leader. Charlotte’s Web, known for quality and brand strength, will provide our customers and end consumers with natural wellness solutions to help them better their everyday lives,” Miksa added.

 

Follow Mugglehead on Twitter

Like Mugglehead on Facebook

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Cannabis

The assessment came from data on over 975,000 ladies between 2012 and 2022

Cannabis

Morocco harvested 294 metric tons of legal cannabis last year

Cannabis

Dispensaries in many parts of the state have been jam packed for the past 2 years

Cannabis

It actually makes you less likely to start getting doddery in your later years, apparently