The leader in hemp-based cannabidiol (CBD) products, Charlotte’s Web Hemp (CNQ: CWEB), has just announced a few major changes that the company will be undergoing. Its Chief Operating Officer has resigned, and there will also be new executive positions, especially created based on the company’s needs. A Chief Cultivation Officer (CCO) will be in the company’s lineup, as well as the brand new position of Senior Vice President of Government Affairs & Corporate Communications.
Jared Stanley, one of the founders of the company, is the new CCO and the former President of Cultivation Operations for Charlotte’s Web. In his new position, Stanley will oversee the cultivation process in its full and will focus on delivering high-quality hemp that can be used to create high-quality products.
“I am very grateful for this recognition. Cultivation and genetics are the foundation of Charlotte’s Web, and I am thrilled to be leading it for the organization I helped create,” said Stanley. “It is an area that we have learned to excel in, and our world-class agriculture division continues to cultivate new cannabinoid-rich hemp and the higher quality CBD that consumers trust.”
In another role, the Senior Vice President of Government Affairs & Corporate Communications has a name, Kelly Shea. This position will utilize Shea’s background in government legislature and agriculture and how it is applied in overlooking aspects such as customer education, corporate social responsibility, communications and general relations with government agencies.
Above Stanley in the company’s hierarchy will be Deanie Elsner, who is the Chief Executive Officer and to who Stanley will be reporting. The previous CEO, Stephen Lermer, presented his resignation on January 31, ready to pursue different grounds closer to his home in Central America. “We thank Stephen for his contributions and wish him the best in his future endeavors,” said Deanie Elsner, CEO of Charlotte’s Web.