Charlotte's Web Archives

Debra BorchardtMarch 24, 2022

Charlotte_s_Web_Holdings__Inc__Charlotte_s_Web_Gummies_Launching.jpg

Charlotte’s Web Holdings, Inc. (TSX: CWEB) (OTCQX: CWBHF) reported that fourth-quarter revenue fell 7.8 % to $24.8 million from $26.9 million for the same time period in 2020. This missed the Yahoo Finance average analyst estimate for revenues of $27 million. The company blamed the drop on sales and channel mixes and competitive DTC pricing. […]

Debra BorchardtJanuary 18, 2022

National supplements retailer GNC is going to start selling Charlotte’s Web Holdings (OTC: CWBHF), Inc. full spectrum hemp extract products. Initial shipments of six varieties of Charlotte’s Web Gummies will be available for purchase at GNC retail locations across 24 states, with the intent to expand into additional states. “To best reach and serve consumers […]

Debra BorchardtDecember 2, 2021

Despite the controversy over Delta-8, sales are beating some popular CBD companies. Hemp Benchmarks has been following the price of Delta-8 within the hemp industry and recently highlighted the company LFTD Partners (OTC: LSFP), whose sales rival many established CBD companies. CBD Fever Dreams When the Farm Bill was passed in 2018, there were high […]

StaffAugust 13, 2021

Charlotte’s Web (OTC: CWBHF) CEO Deanie Elsner addressed the company’s recent rejection letter by the FDA in the company’s earnings call on Thursday. Since the passage of the 2018 Farm Bill that legalized hemp, the issue of CBD products has remained in a grey area. The FDA has had several public meetings and accepted public […]

Debra BorchardtAugust 12, 2021

Charlotte’s Web Holdings, Inc. (TSX: CWEB) (OTCQX: CWBHF) reported financial results for the second quarter ending June 30, 2021 with consolidated revenue increasing 11.4% year-over-year to $24.2 million. This missed the Yahoo Finance average analyst estimate for revenues of $28 million. Charlotte’s Web said that increased retail volumes have resulted in ongoing incremental quarterly gains […]

Kaitlin DomangueMay 18, 2021

Brightfield Releases New CBD Report Cannabis and CBD consumer data analytics company, The Brightfield Group, is announcing the release of their newest report analyzing the CBD market in 2020 and laying out their predictions for 2021. Some key information from the report includes: U.S. hemp-derived CBD sales are expected to reach $5.3 in 2021, up […]

Debra BorchardtMay 11, 2021

Charlotte’s Web Holdings, Inc. (OTCQX: CWBHF) reported financial results for the first quarter ended March 31, 2021, as revenue increased 9.1% to $23.4 million. This missed the average analyst estimate for $27 million from Yahoo Finance. Charlotte’s Web said DTC eCommerce net sales increased 14.5% reflecting increased marketing, targeted promotions as well as incremental demand […]

Debra BorchardtMarch 25, 2021

Charlotte’s Web Holdings, Inc. (OTCQX: CWBHF) looks like it has been able to regain some ground after the pandemic caused the company a lot of disruption as retailers were closed for some time. Charlotte’s Web reported revenue increased 17.9% to $26.9 million in the fourth quarter of 2020 versus $22.8 million for the same time […]

Kaitlin DomangueMarch 4, 2021

It’s time for your Daily Hit of cannabis financial news for March 4th, 2021. On the Site Columbia Care Guides Higher for 2021 Columbia Care Inc. (OTCQX: CCHWF) released preliminary results for the fourth quarter and full year ended December 31, 2020 and issued 2021 guidance. Actual revenue rose 228% in the fourth quarter to […]

Debra BorchardtMarch 4, 2021

Well-known hemp CBD company Charlotte’s Web Holdings, Inc. (OTCQX: CWBHF) is expanding beyond its current model with a planned acquisition of privately-held Stanley Brothers USA Holdings. Stanley Brothers is a cannabis wellness incubator currently operating in three states (Colorado, California, Florida) with expansion plans underway in eight additional states. The acquisition though isn’t immediate. Instead, Charlotte’s Web is […]

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Tag: Charlotte’s Web

Charlotte’s Web Revenue Falls In Fourth Quarter As Losses Rise

GNC To Sell Charlotte’s Web Gummies

Delta-8 Sales Growing As CBD Sales Slow

Charlotte’s Web Addresses FDA Rejection

Charlotte’s Web Revenue Rises, But FDA Isn’t Impressed

2021 CBD Market to Outpace 2020, Per New Brightfield Report

Charlotte’s Web Misses Estimates For Revenues, Earnings

Charlotte’s Web Finds Solid Footing In Fourth Quarter

The Daily Hit: March 4th, 2021

Charlotte’s Web Moving Beyond Hemp

The Daily Hit - TEST TEST TEST

Lykos Therapeutics Secures $100M in Series A Funding, Rebrands from MAPS PBC

Functional Mushrooms Move Into Mainstream as Wellness Trend Grows

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