Adam JacksonJune 12, 2023
The showdown follows a major decline in the company's performance over the past year.
Tag: Jacques Tortoroli
Adam JacksonJune 12, 2023Adam JacksonMay 12, 2023
There was a 57.7% improvement in the adjusted EBITDA loss over the year.
Adam JacksonMarch 23, 2023Despite inking major deals, Charlotte’s Web Holdings, Inc. (TSX: CWEB) (OTCQX: CWBHF) saw falling revenue in 2022 due in part to waning demand in an increasingly saturated cannabidiol (CBD) industry. The hemp extract wellness company, which is the largest in the world, reported financial results for the fourth quarter and year ending December 31, 2022. […]
Adam JacksonNovember 2, 2022
Tilray Brands Inc. (Nasdaq: TLRY) (TSX: TLRY) has inked a partnership with U.S.-based CBD giant Charlotte’s Web Holdings, Inc. (TSX: CWEB) (OTCQX: CWBHF) to sell hemp extract products in Canada. Under the agreement, Charlotte’s Web’s full-spectrum CBD products will be reach dispensary shelves through Tilray’s distribution network. The company said that its products had previously […]
Adam JacksonOctober 13, 2022
It's the first time a major U.S. professional sports league has formed a sponsorship deal with a CBD company.
Adam JacksonAugust 9, 2022
Charlotte’s Web Holdings, Inc. (TSX: CWEB) (OTCQX: CWBHF) missed expectations as the CBD company continues to struggle amid a patchwork regulatory landscape. The company reported its financial results for the second quarter ending June 30, 2022. For the key metric of total revenue, Charlotte’s Web missed expectations as it delivered approximately $18.9 million during the period […]
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