Charlie's Holdings (OTCQB: CHUC) Names Henry Sicignano CEO; Announces Ryan Stump will Transition from COO to Board Member with Core Responsibility for Strategic Partnerships

Costa Mesa, CA - Charlie’s Holdings, Inc. (OTCQB: CHUC), a leader in the premium vapor products industry, has announced the appointment of Henry Sicignano, III as Chief Executive Officer, effective immediately. Sicignano will also retain his role as President of the company.

Furthermore, Ryan Stump, a co-founder and the current Chief Operating Officer, will begin to oversee strategic partnership initiatives starting September 4, 2026. Stump, who is also a member of the Board of Directors and one of the company’s largest shareholders, is expected to leverage his experience to enhance the company’s plans concerning its Premarket Tobacco Application (PMTA) products.

Ed Carmines, Ph.D., a Board Director at Charlie’s and Chief Scientific Officer at Chemular, Inc., highlighted the significance of the company's upcoming initiative, stating, "We are only weeks away from utilizing patented age-gating technology – licensed from IKE Tech LLC – to launch America’s first age-gated flavored disposable vape." Carmines emphasized that this advancement could gather valuable market data and set a new standard in the non-combustible nicotine industry.

Commenting on the leadership changes, Jeff Fox, an independent Board member, remarked that Sicignano’s strategic vision and experience are critical for the company’s growth. He also noted Stump's extensive family ownership stake in the company, stating he is well-suited to pursue strategic partnerships that could increase long-term value for shareholders.

In his remarks, Sicignano expressed confidence in the company's commitment to regulatory compliance and product quality, referring to the forthcoming launch of the age-gated PACHA vapor products as a transformative leap for the industry. Ryan Stump also commented on the potential impact of the new technology, suggesting that if successful, the company could achieve a market cap of $1-2 billion.