Charlie’s Holdings, Inc. reports developments in premium vapor products and electronic nicotine delivery systems. The company sells product lines including SBX, Pachamama and PACHA through distributors, specialty retailers and online resellers, with operating activity tied to Charlie’s Chalk Dust, LLC.
Recurring updates center on FDA Premarket Tobacco Product Applications, state vapor-product requirements, age-verification technology for device activation, product-line distribution, trade-show participation, financial results and capital actions such as private placements and debt forgiveness.
Charlie’s Holdings (CHUC) welcomed reported plans to revisit FDA application rules for new tobacco products on September 24, 2026. Charlie’s said the FDA is expected to announce a review of a 2021 rule governing premarket tobacco applications, or PMTAs, in the coming days. The reported review is prospective; it is not an FDA authorization for Charlie’s products.
Charlie’s has sought FDA marketing authorization for certain tobacco-derived nicotine e-liquids since September 2020 and for hundreds of synthetic nicotine products since May 2022. It sold 16 PACHA-brand PMTA products in 2025 and retains 678 timely-filed PMTA assets. The company believes a streamlined authorization process would make its PACHA portfolio one of the industry’s most valuable. Charlie’s is scheduled to launch flavored disposable vapes this year and says they cannot be activated by underage consumers.
Charlie's Holdings (CHUC) issued a shareholder letter outlining major U.S. vapor regulatory shifts and the company’s plan to exploit new opportunities.
The NicQuid v. FDA decision in the Fifth Circuit requires FDA to revisit its flavored ENDS denial standard, while FDA has authorized age-gated flavored Glas pods and the JUUL2 device, validating technology-based youth-access controls. FDA has identified 30 PACHA disposable products from Charlie’s PMTA portfolio for a proposed public webpage of ENDS products it generally does not prioritize for enforcement. Charlie’s retains 678 timely filed PMTA assets after selling 16 PMTA products in 2025 for up to $11.7 million, with at least 200 applications still in Filing Review and all MDO’d products under administrative stays. The company is pivoting resources to launch a test pilot of age-gated flavored PACHA disposables this year, backed by tens of thousands of finished units and purchase commitments from a leading U.S. vapor retailer, while actively managing liquidity as cash remains tight.
Charlie’s Holdings (OTCQB: CHUC) reported Q2 2026 revenue of $3.8 million, up 116% from $1.8 million in Q2 2025, driven by higher nicotine-based and nicotine-alternative product sales, including strong growth from SBX non-nicotine disposables. Gross profit rose 130% to $1.1 million, with gross margin improving to 29.4% from 27.6%.
Total operating expenses increased 63% to $2.4 million, leading to an operating loss of $1.2 million versus a $1.0 million loss a year earlier. Cash declined to $0.5 million from $1.3 million at year-end 2025, while shareholders’ equity was $3.1 million versus $3.4 million. The FDA notified Charlie’s that 30 PACHA SKUs have been tentatively identified for inclusion on its list of products for which it generally does not intend to prioritize enforcement of premarket authorization requirements. Management and directors purchased 1,350,000 shares in H1 2026 for $270,000.
Charlie's Holdings (OTCQB: CHUC) appointed Henry Sicignano III as Chief Executive Officer, effective immediately; he will also remain President. The Board reassigned co-founder and COO Ryan Stump to focus on strategic partnership initiatives and Board duties, with his day-to-day management transition effective September 4, 2026.
According to Charlie's, Stump is one of its largest shareholders, with his family collectively owning about 30% of the company, including his direct 10% stake, and is expected to help pursue transactions with global tobacco companies. The company highlighted plans to launch age-gated PACHA flavored disposable vapes using patented device access restriction technology licensed from IKE Tech, and referenced a 678-sku PMTA portfolio it seeks to monetize through potential partnerships.
Charlie’s Holdings (OTCQB: CHUC) announced the launch of its next-generation 75K disposable vape devices, available in SBX non-nicotine and Pachamama lines.
Enhancements include higher puff capacity, premium embossed designs, transparent tanks, upgraded triple mesh coil technology, and 10 new award-winning flavors, with early positive consumer and retailer feedback.
Charlie's Holdings (OTCQB: CHUC) issued a shareholder letter outlining recent progress and plans to up-list to a national securities exchange. Stockholders approved Board discretion for a 1-for-3 to 1-for-50 reverse stock split, with over 99% of 226,451,340 voted shares in favor.
The company highlighted a $7.5 million sale of 16 PMTA products, launch of new vapor products and a US manufacturing facility, and a definitive licensing deal with IKE Tech for an AI and blockchain-based age-gating system, to be test-marketed with flavored disposables in Q3 2026.
Charlie’s also noted closure of its Don Polly division, discontinuation of hemp/CBD products, and a 2025 clean audit opinion with removal of the going concern explanatory paragraph.
Charlie’s Holdings (OTCQB:CHUC) reported Q1 2026 revenue of $4.8 million, up 204% year over year, with gross profit of $1.2 million and a 24.6% margin. Operating expenses rose 70% to $2.2 million, and net loss narrowed 14% to $1.1 million.
Growth was driven by SBX non-nicotine disposables. The company signed a licensing deal with IKE Tech for AI and blockchain age-gated vapes, gained California UTL authorization for four disposables, and plans to launch age-gated disposables in Q3 2026.
Charlie's Holdings (OTCQB: CHUC)/b) announced the statewide launch of SBX 25K Virginia Tobacco disposables in California through the nation's second-largest convenience store chain. SBX 25K is listed on California’s Unflavored Tobacco List (UTL), enabling legal sales.According to Charlie's, it is the only company with four modern disposables on the UTL and has over 650 PMTA-submitted ENDS products. Its products were unaffected by the recent seizure of more than 18 million illicit ENDS devices, supporting its compliance-focused strategy.
Charlie’s Holdings (OTCQB: CHUC) frames recent federal developments as a major opportunity for flavored ENDS products, citing President Trump’s public pressure on the FDA and the Agency’s authorization of four ENDS products with age-gating. The company highlights a 678-item PMTA portfolio, a licensing deal for AI/blockchain age-gating, and plans to launch an age-gated disposable vape this summer.
Charlie’s positions its legacy brands plus new age-gating tech as a strategic fit if FDA authorizations expand.
Charlie’s Holdings (OTCQB: CHUC) will participate in two Las Vegas events in May 2026: the Keller & Heckman Tobacco Law Symposium and the CHAMPS Las Vegas National Show. Company President Henry Sicignano will panel on May 5, 2026 at 11:30am PST and meet investors privately.
Charlie’s will exhibit SBX and Pachamama at Booth #16503 during CHAMPS (May 6–9, 2026). The company reiterated product plans including an age-gated flavored disposable vape and said it is introducing the firm to new investors ahead of a planned uplist later in 2026.