• Charlotte's Web Holdings Inc. held its annual general and special meeting of shareholders on May 28, 2026.
• Shareholders authorized an amendment to a C$ 75.34 million convertible debenture held by BT DE Investments Inc., a British American Tobacco subsidiary.
• They also authorized the issuance of common shares to BAT tied to conversion of the amended convertible debenture and a concurrent equity investment.
• The transaction had not yet closed; closing was expected on or about May 28, 2026, subject to customary conditions and final TSX approval.
• On closing, BAT was expected to receive 109,944,042 common shares, representing 40.6% of 270,549,931 shares outstanding post-transaction.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Charlotte's Web Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001750155-26-000080), on June 01, 2026, and is solely responsible for the information contained therein.