Charlotte's Web Holdings, Inc.

TSE: CWEB


Canadian symbol: CWEB.TO
US symbol:

Currency in CAD

Valuation Measures4

Market Cap (intraday) 74.88M
Enterprise Value 71.32M
Trailing P/E 120.37
Forward P/E 58.82
PEG Ratio (5 yr expected) N/A
Price/Sales (ttm)0.79
Price/Book (mrq)0.71
Enterprise Value/Revenue 1.03
Enterprise Value/EBITDA -1.80

Trading Information

Stock Price History

Beta (5Y Monthly) 2.46
52-Week Change 3-10.91%
S&P500 52-Week Change 316.57%
52 Week High 31.1500
52 Week Low 30.2200
50-Day Moving Average 30.4132
200-Day Moving Average 30.4750

Share Statistics

Avg Vol (3 month) 378.83k
Avg Vol (10 day) 367.11k
Shares Outstanding 5152.82M
Implied Shares Outstanding 6152.82M
Float 8101.37M
% Held by Insiders 19.04%
% Held by Institutions 15.02%
Shares Short (Sept 14, 2023) 4426.8k
Short Ratio (Sept 14, 2023) 43.95
Short % of Float (Sept 14, 2023) 4N/A
Short % of Shares Outstanding (Sept 14, 2023) 40.28%
Shares Short (prior month Aug 14, 2023) 4290.99k

Dividends & Splits

Forward Annual Dividend Rate 4N/A
Forward Annual Dividend Yield 4N/A
Trailing Annual Dividend Rate 30.00
Trailing Annual Dividend Yield 30.00%
5 Year Average Dividend Yield 4N/A
Payout Ratio 40.00%
Dividend Date 3N/A
Ex-Dividend Date 4N/A
Last Split Factor 2N/A
Last Split Date 3N/A

Financial Highlights

Currency in USD.

Fiscal Year

Fiscal Year Ends Dec 30, 2022
Most Recent Quarter (mrq)Jun 29, 2023

Profitability

Profit Margin -62.22%
Operating Margin (ttm)-75.99%

Management Effectiveness

Return on Assets (ttm)-19.86%
Return on Equity (ttm)-44.15%

Income Statement

Revenue (ttm)68.92M
Revenue Per Share (ttm)0.46
Quarterly Revenue Growth (yoy)-15.20%
Gross Profit (ttm)N/A
EBITDA -39.58M
Net Income Avi to Common (ttm)-42.88M
Diluted EPS (ttm)-0.3900
Quarterly Earnings Growth (yoy)N/A

Balance Sheet

Total Cash (mrq)61.73M
Total Cash Per Share (mrq)0.4
Total Debt (mrq)59.08M
Total Debt/Equity (mrq)75.40%
Current Ratio (mrq)4.20
Book Value Per Share (mrq)0.51

Cash Flow Statement

Operating Cash Flow (ttm)-6.04M
Levered Free Cash Flow (ttm)21.88M

mrq = Most Recent Quarter
ttm = Trailing Twelve Months
yoy = Year Over Year
lfy = Last Fiscal Year
fye = Fiscal Year Ending
fy = Forward Year
Shares outstanding is taken from the most recently filed quarterly or annual report and Market Cap is calculated using shares outstanding.

Fundamentals are updated every day.
Full screen




Cannabis Market and Business News

Real-time cannabis business news from hundreds of sources. Never miss the news that matters the most.




Company News Date
CWEB.TO
Charlotte's Web
2 weeks ago
CWEB.TO
Charlotte's Web
2 weeks ago
CWEB.TO
Charlotte's Web
1 month ago
CWEB.TO
Charlotte's Web
1 month ago
CWEB.TO
Charlotte's Web
1 month ago
CWEB.TO
Charlotte's Web
2 months ago
CWEB.TO
Charlotte's Web
3 months ago
CWEB.TO
Charlotte's Web
3 months ago
CWEB.TO
Charlotte's Web
3 months ago
CWEB.TO
Charlotte's Web
4 months ago
CWEB.TO
Charlotte's Web
4 months ago
CWEB.TO
Charlotte's Web
4 months ago
CWEB.TO
Charlotte's Web
5 months ago
CWEB.TO
Charlotte's Web
5 months ago
CWEB.TO
Charlotte's Web
5 months ago
CWEB.TO
Charlotte's Web
5 months ago
CWEB.TO
Charlotte's Web
5 months ago
CWEB.TO
Charlotte's Web
6 months ago
CWEB.TO
Charlotte's Web
6 months ago
CWEB.TO
Charlotte's Web
6 months ago
CWEB.TO
Charlotte's Web
6 months ago
CWEB.TO
Charlotte's Web
6 months ago
CWEB.TO
Charlotte's Web
7 months ago
CWEB.TO
Charlotte's Web
9 months ago
CWEB.TO
Charlotte's Web
9 months ago
CWEB.TO
Charlotte's Web
9 months ago
CWEB.TO
Charlotte's Web
10 months ago
CWEB.TO
Charlotte's Web
10 months ago
CWEB.TO
Charlotte's Web
10 months ago
CWEB.TO
Charlotte's Web
11 months ago
CWEB.TO
Charlotte's Web
12 months ago
CWEB.TO
Charlotte's Web
1 year ago
CWEB.TO
Charlotte's Web
1 year ago
CWEB.TO
Charlotte's Web
1 year ago
CWEB.TO
Charlotte's Web
1 year ago
CWEB.TO
Charlotte's Web
1 year ago
CWEB.TO
Charlotte's Web
1 year ago
CWEB.TO
Charlotte's Web
1 year ago
CWEB.TO
Charlotte's Web
1 year ago
CWEB.TO
Charlotte's Web
1 year ago
CWEB.TO
Charlotte's Web
1 year ago
CWEB.TO
Charlotte's Web
1 year ago
CWEB.TO
Charlotte's Web
1 year ago
CWEB.TO
Charlotte's Web
1 year ago
CWEB.TO
Charlotte's Web
1 year ago
CWEB.TO
Charlotte's Web
1 year ago
CWEB.TO
Charlotte's Web
1 year ago
CWEB.TO
Charlotte's Web
1 year ago
CWEB.TO
Charlotte's Web
1 year ago
CWEB.TO
Charlotte's Web
1 year ago
CWEB.TO
Charlotte's Web
1 year ago
CWEB.TO
Charlotte's Web
2 years ago
CWEB.TO
Charlotte's Web
2 years ago
CWEB.TO
Charlotte's Web
2 years ago
CWEB.TO
Charlotte's Web
2 years ago
CWEB.TO
Charlotte's Web
2 years ago
CWEB.TO
Charlotte's Web
2 years ago
CWEB.TO
Charlotte's Web
2 years ago
CWEB.TO
Charlotte's Web
2 years ago
CWEB.TO
Charlotte's Web
2 years ago
CWEB.TO
Charlotte's Web
2 years ago
CWEB.TO
Charlotte's Web
2 years ago
CWEB.TO
Charlotte's Web
2 years ago
CWEB.TO
Charlotte's Web
2 years ago
CWEB.TO
Charlotte's Web
2 years ago
CWEB.TO
Charlotte's Web
2 years ago
CWEB.TO
Charlotte's Web
2 years ago
CWEB.TO
Charlotte's Web
2 years ago
CWEB.TO
Charlotte's Web
2 years ago
CWEB.TO
Charlotte's Web
2 years ago
CWEB.TO
Charlotte's Web
2 years ago
CWEB.TO
Charlotte's Web
2 years ago
CWEB.TO
Charlotte's Web
2 years ago
CWEB.TO
Charlotte's Web
2 years ago
CWEB.TO
Charlotte's Web
2 years ago
CWEB.TO
Charlotte's Web
2 years ago
CWEB.TO
Charlotte's Web
3 years ago
CWEB.TO
Charlotte's Web
3 years ago
CWEB.TO
Charlotte's Web
3 years ago
CWEB.TO
Charlotte's Web
3 years ago
CWEB.TO
Charlotte's Web
3 years ago
CWEB.TO
Charlotte's Web
3 years ago
CWEB.TO
Charlotte's Web
3 years ago
CWEB.TO
Charlotte's Web
3 years ago
CWEB.TO
Charlotte's Web
3 years ago
CWEB.TO
Charlotte's Web
3 years ago
CWEB.TO
Charlotte's Web
3 years ago
CWEB.TO
Charlotte's Web
3 years ago
CWEB.TO
Charlotte's Web
3 years ago
CWEB.TO
Charlotte's Web
3 years ago
CWEB.TO
Charlotte's Web
3 years ago
CWEB.TO
Charlotte's Web
3 years ago
CWEB.TO
Charlotte's Web
3 years ago
CWEB.TO
Charlotte's Web
3 years ago
CWEB.TO
Charlotte's Web
3 years ago
CWEB.TO
Charlotte's Web
3 years ago
CWEB.TO
Charlotte's Web
3 years ago
CWEB.TO
Charlotte's Web
3 years ago
CWEB.TO
Charlotte's Web
3 years ago
CWEB.TO
Charlotte's Web
3 years ago
CWEB.TO
Charlotte's Web
3 years ago
CWEB.TO
Charlotte's Web
3 years ago
CWEB.TO
Charlotte's Web
3 years ago
CWEB.TO
Charlotte's Web
3 years ago
CWEB.TO
Charlotte's Web
3 years ago
CWEB.TO
Charlotte's Web
3 years ago
CWEB.TO
Charlotte's Web
3 years ago
CWEB.TO
Charlotte's Web
3 years ago
CWEB.TO
Charlotte's Web
3 years ago
CWEB.TO
Charlotte's Web
3 years ago
CWEB.TO
Charlotte's Web
3 years ago
CWEB.TO
Charlotte's Web
3 years ago
CWEB.TO
Charlotte's Web
3 years ago
CWEB.TO
Charlotte's Web
3 years ago
CWEB.TO
Charlotte's Web
3 years ago
CWEB.TO
Charlotte's Web
3 years ago
CWEB.TO
Charlotte's Web
3 years ago
CWEB.TO
Charlotte's Web
3 years ago
CWEB.TO
Charlotte's Web
3 years ago
CWEB.TO
Charlotte's Web
3 years ago
CWEB.TO
Charlotte's Web
3 years ago
CWEB.TO
Charlotte's Web
3 years ago
CWEB.TO
Charlotte's Web
3 years ago
CWEB.TO
Charlotte's Web
3 years ago
CWEB.TO
Charlotte's Web
3 years ago
CWEB.TO
Charlotte's Web
3 years ago
CWEB.TO
Charlotte's Web
4 years ago
CWEB.TO
Charlotte's Web
4 years ago
CWEB.TO
Charlotte's Web
4 years ago
CWEB.TO
Charlotte's Web
4 years ago
CWEB.TO
Charlotte's Web
4 years ago
CWEB.TO
Charlotte's Web
4 years ago
CWEB.TO
Charlotte's Web
4 years ago
CWEB.TO
Charlotte's Web
4 years ago
CWEB.TO
Charlotte's Web
4 years ago
CWEB.TO
Charlotte's Web
4 years ago
CWEB.TO
Charlotte's Web
4 years ago
CWEB.TO
Charlotte's Web
4 years ago
CWEB.TO
Charlotte's Web
4 years ago
CWEB.TO
Charlotte's Web
4 years ago
CWEB.TO
Charlotte's Web
4 years ago
CWEB.TO
Charlotte's Web
4 years ago
CWEB.TO
Charlotte's Web
4 years ago
CWEB.TO
Charlotte's Web
4 years ago
CWEB.TO
Charlotte's Web
4 years ago
CWEB.TO
Charlotte's Web
4 years ago
CWEB.TO
Charlotte's Web
4 years ago
CWEB.TO
Charlotte's Web
4 years ago
CWEB.TO
Charlotte's Web
4 years ago
CWEB.TO
Charlotte's Web
4 years ago
CWEB.TO
Charlotte's Web
4 years ago
CWEB.TO
Charlotte's Web
4 years ago
CWEB.TO
Charlotte's Web
4 years ago
CWEB.TO
Charlotte's Web
4 years ago
CWEB.TO
Charlotte's Web
4 years ago
CWEB.TO
Charlotte's Web
4 years ago
CWEB.TO
Charlotte's Web
4 years ago
CWEB.TO
Charlotte's Web
4 years ago
CWEB.TO
Charlotte's Web
4 years ago
CWEB.TO
Charlotte's Web
4 years ago
CWEB.TO
Charlotte's Web
4 years ago
CWEB.TO
Charlotte's Web
4 years ago
CWEB.TO
Charlotte's Web
4 years ago
CWEB.TO
Charlotte's Web
4 years ago
CWEB.TO
Charlotte's Web
4 years ago
CWEB.TO
Charlotte's Web
4 years ago

Currency in CAD
Earnings EstimateCurrent Qtr. (Sep 2023)Next Qtr. (Dec 2023)Current Year (2023)Next Year (2024)
No. of Analysts1122
Avg. Estimate-0.07-0.05-0.1-0.17
Low Estimate-0.07-0.05-0.12-0.19
High Estimate-0.07-0.05-0.08-0.15
Year Ago EPS-0.07-0.07-0.54-0.1
Revenue EstimateCurrent Qtr. (Sep 2023)Next Qtr. (Dec 2023)Current Year (2023)Next Year (2024)
No. of Analysts2233
Avg. Estimate23.96M29.01M97.37M111.23M
Low Estimate22.96M24.73M92.53M105.85M
High Estimate24.95M33.29M103.11M121.71M
Year Ago Sales22.82M25.45M100M97.37M
Sales Growth (year/est)5.00%14.00%-2.60%14.20%
Earnings History2022-06-292022-09-292023-03-302023-06-29
EPS Est.-0.05-0.05-0.07-0.07
EPS Actual-0.07-0.07-0.03-0.08
Difference-0.02-0.020.04-0.01
Surprise %-40.00%-40.00%57.10%-14.30%
EPS TrendCurrent Qtr. (Sep 2023)Next Qtr. (Dec 2023)Current Year (2023)Next Year (2024)
Current Estimate-0.07-0.05-0.1-0.17
7 Days Ago-0.07-0.05-0.1-0.17
30 Days Ago-0.07-0.05-0.1-0.17
60 Days Ago-0.07-0.05-0.19-0.15
90 Days Ago-0.07-0.05-0.19-0.15
EPS RevisionsCurrent Qtr. (Sep 2023)Next Qtr. (Dec 2023)Current Year (2023)Next Year (2024)
Up Last 7 DaysN/AN/AN/AN/A
Up Last 30 DaysN/AN/AN/AN/A
Down Last 7 DaysN/AN/AN/AN/A
Down Last 30 DaysN/AN/AN/AN/A
Growth EstimatesCWEB.TOIndustrySector(s)S&P 500
Current Qtr.N/AN/AN/AN/A
Next Qtr.28.60%N/AN/AN/A
Current Year81.50%N/AN/AN/A
Next Year-70.00%N/AN/AN/A
Next 5 Years (per annum)N/AN/AN/AN/A
Past 5 Years (per annum)N/AN/AN/AN/A


Insiders transactions are updated every hour.

Major Holders

Currency in CAD
Breakdown
9.04%% of Shares Held by All Insider
5.02%% of Shares Held by Institutions
5.51%% of Float Held by Institutions
15Number of Institutions Holding Shares

Top Institutional Holders

HolderSharesDate Reported% OutValue
AdvisorShares Investments, LLC2,164,915Jun 29, 20231.41%1,060,808
AXS Investments, LLC1,939,479Jun 29, 20231.27%950,344
Alphamark Advisors, Llc575Jun 29, 20230.00%281
Re Dickinson Investment Advisors, Llc248Jun 29, 20230.00%121
Tucker Asset Management LLC 50Jun 29, 20230.00%24

Top Mutual Fund Holders

HolderSharesDate Reported% OutValue
ETF Managers Tr-EFTMG Alternative Harvest ETF2,858,156Jun 29, 20231.87%1,400,496
AdvisorShares Trust-AdvisorShares Pure Cannabis ETF2,140,165Aug 30, 20231.40%1,048,680
Investment Managers Ser Tr II-AXS Cannabis ETF1,905,527May 30, 20231.24%933,708
Amplify Seymour Cannabis ETF1,102,907Jul 30, 20230.72%540,424
Cambria ETF Tr-Cambria Cannabis ETF361,725Jul 30, 20230.24%177,245
DFA Investment Dimensions-DFA Va International Small9,735Apr 29, 20230.01%4,770
Coming Soon

Search SEDAR Filings

Company Name:
Document Type:
Start Date:
End Date:

Press Releases by Charlotte's Web Holdings, Inc.


CBD Industry Leader Charlotte's Web Joins Historic Alliance ONE HEMP to Support FDA Regulation

CBD Industry Leader Charlotte’s Web Joins Historic Alliance ONE HEMP to Support FDA Regulation

ONE HEMP Takes Landmark Step in Engaging Congress and FDA; Unveils Groundbreaking CBD Safety Study LOUISVILLE, Colo., Sept. 19, 2023 - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc. ("Charlotte's Web"), the industry pioneer and market leader in hemp-derived cannabidiol (CBD) products is proud to announce its founding membership... Read More...
Charlotte's Web Announces Appointment of Bill Morachnick as Chief Executive Officer

Charlotte’s Web Announces Appointment of Bill Morachnick as Chief Executive Officer

Provides Update on Majority Voting Policy Process LOUISVILLE, Colo., Sept. 13, 2023 - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc. ("Charlotte's Web" or the "Company") is pleased to announce the appointment of William (Bill) Morachnick who has joined the Company as its Chief Executive Officer. Mr. Morachnick has also been app... Read More...
Charlotte's Web Reports 2023 Second Quarter Financial Results

Charlotte’s Web Reports 2023 Second Quarter Financial Results

Encouraging CBD regulatory progress in CongressNet revenue of $16.0M vs. $18.9M YoYCash increased to $61.7M LOUISVILLE, Colo., Aug. 10, 2023 - (TSX: CWEB) (OTCQX: CWBHF), Charlotte's Web Holdings, Inc. ("Charlotte's Web"), the market leader in full spectrum hemp extract wellness products, today reported financial results for the second qu... Read More...
Charlotte's Web Expands ReCreate™ Brand Further Cementing the Intersection of CBD in Sports, Paving the Way for Industry Transformation

Charlotte’s Web Expands ReCreate™ Brand Further Cementing the Intersection of CBD in Sports, Paving the Way for Industry Transformation

Unveiling four broad-spectrum CBD gummies with functional botanicalsDENVER, July 11, 2023 - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc. ("Charlotte's Web"), the market leader in hemp-derived CBD products, continues to innovate and expand its footprint with ReCreate™, the Company's lifestyle and botanical wellness brand focus... Read More...
Charlotte's Web Announces Shareholder Meeting Voting Results and Re-Election of Board Members

Charlotte’s Web Announces Shareholder Meeting Voting Results and Re-Election of Board Members

DENVER, June 16, 2023 - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc. ("Charlotte's Web" or the "Company") is pleased to announce the results from its 2023 annual general meeting of Company shareholders (the "Shareholders") held on June 15, 2023 via live audio webcast (the "Meeting"). At the Meeting, each of the incumbent dire... Read More...
Charlotte's Web Comments on Letter from Joel and Jesse Stanley

Charlotte’s Web Comments on Letter from Joel and Jesse Stanley

The Board of Directors, as well as Institutional Shareholder Services ("ISS") and Glass Lewis and ‎Co., LLC ("Glass Lewis"), recommend that shareholders vote "FOR" ‎each of the Company's ‎nominees for election to the Board at the upcoming Annual Meeting. LOUISVILLE, Colo., June 13, 2023 - (TSX: CWEB) (OTCQX: CWBHF), Charlotte's Web Holdi... Read More...
Charlotte's Web Reports 2023 First Quarter Financial Results

Charlotte’s Web Reports 2023 First Quarter Financial Results

Net cash of $61MNet revenue of $17M decreased 12.1% YoY14% YoY reduction in operating expenses LOUISVILLE, Colo., May 12, 2023 - (TSX: CWEB) (OTCQX: CWBHF), Charlotte's Web Holdings, Inc. ("Charlotte's Web"), the market leader in full spectrum hemp extract wellness products, today reported financial results for the first quarter ended Mar... Read More...
Charlotte's Web Expands Distribution with America's Largest National Distributor in Pet Specialty, Phillips Pet Food & Supplies

Charlotte’s Web Expands Distribution with America’s Largest National Distributor in Pet Specialty, Phillips Pet Food & Supplies

LOUISVILLE, Colo., May 1, 2023 - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc. ("Charlotte's Web"), the market leader in cannabidiol ("CBD") hemp extract wellness products is pleased to add Phillips Pet Food & Supplies ("Phillips"), America's largest distributor in the pet specialty retail channel, covering more than 6,000... Read More...
Charlotte's Web CBD Catches Excitement with New Botanical Lifestyle Brand, ReCreate™

Charlotte’s Web CBD Catches Excitement with New Botanical Lifestyle Brand, ReCreate™

Designed for young and active wellness seekers, ReCreate is formulated fromNSF-certified broad spectrum hemp CBD extracts DENVER, April 18, 2023 - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc. ("Charlotte's Web"), the market leader in cannabidiol ("CBD") hemp extract wellness products is strategically expanding its portfolio o... Read More...
Charlotte's Web forms Joint Venture with BAT and AJNA BioSciences to Seek FDA-Approval for Proprietary Full Spectrum Hemp Extract Botanical Drug

Charlotte’s Web forms Joint Venture with BAT and AJNA BioSciences to Seek FDA-Approval for Proprietary Full Spectrum Hemp Extract Botanical Drug

BAT acquires 20% stake for US$10 million, with Charlotte's Web and AJNA each owning 40% Renowned neurologist Dr. Orrin Devinsky, Chief Medical Advisor for AJNA, to lead the project DENVER, April 6, 2023 - (TSX: CWEB) (OTCQX: CWBHF), Charlotte's Web Holdings, Inc. ("Charlotte's Web," "CW"), the market leader in full-spectrum hemp extract ... Read More...
Charlotte's Web Reports 2022 Fourth Quarter And Year-End Financial Results

Charlotte’s Web Reports 2022 Fourth Quarter And Year-End Financial Results

28% reduction in 12-month operating expenses Net cash of $67M at December 31, 2022 LOUISVILLE, Colo., March 23, 2023 - (TSX: CWEB) (OTCQX: CWBHF), Charlotte's Web Holdings, Inc. ("Charlotte's Web"), the market leader in full spectrum hemp extract wellness products, today reported financial results for the fourth quarter and year ended Dec... Read More...
Charlotte's Web Appoints Jonathan P. Atwood to its Board of Directors

Charlotte’s Web Appoints Jonathan P. Atwood to its Board of Directors

DENVER, March 14, 2023 - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc. ("Charlotte's Web"), the market leader in cannabidiol ("CBD") hemp extract wellness products is pleased to announce the appointment of Mr. Jonathan P. Atwood to the Company's board of directors (the "Board"). Mr. Atwood brings extensive senior executive exp... Read More...
Charlotte's Web Appoints Marcel Bonn-Miller Ph.D. as Chief Scientific Officer

Charlotte’s Web Appoints Marcel Bonn-Miller Ph.D. as Chief Scientific Officer

Dr. Bonn-Miller to lead clinical science supporting product development, CBD regulation, alternative botanical wellness DENVER, March 8, 2023 - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc. ("Charlotte's Web"), the market leader in cannabidiol ("CBD") hemp extract wellness products has appointed Dr. Marcel Bonn-Miller, Ph.D. a... Read More...
Charlotte's Web Appoints Jessica Saxton as Chief Financial Officer

Charlotte’s Web Appoints Jessica Saxton as Chief Financial Officer

Bringing Financial Experience in CPG Markets DENVER, Dec. 19, 2022 - Charlotte's Web Holdings, Inc. ("Charlotte's Web") (TSX: CWEB) (OTCQX: CWBHF), the market leader in hemp CBD extract products, is pleased to announce that Jessica Saxton has joined the Company as Chief Financial Officer (CFO) effective January 1, 2023. Ms. Saxton has hel... Read More...
Charlotte's Web Appoints Digital Marketing Executive, Alicia Morga, to Board of Directors

Charlotte’s Web Appoints Digital Marketing Executive, Alicia Morga, to Board of Directors

Bringing digital transformation and e-commerce expertise with a background in legal, venture capital and private equity DENVER, Dec. 7, 2022 - Charlotte's Web Holdings, Inc. ("Charlotte's Web") (TSX: CWEB) (OTCQX: CWBHF), the market leader in hemp CBD extract products, announces the appointment of Alicia Morga to its Board of Directors. M... Read More...
Charlotte's Web Reports 2022 Third Quarter Financial Results

Charlotte’s Web Reports 2022 Third Quarter Financial Results

Operating Expenses improved 38%Cash increase over Q2 of 2022 DENVER, Nov. 14, 2022 - (TSX: CWEB) (OTCQX: CWBHF), Charlotte's Web Holdings, Inc. ("Charlotte's Web"), the market leader in full-spectrum hemp extract wellness products, today reported financial results for the third quarter ended September 30, 2022. "We've made significant pro... Read More...
Charlotte's Web to Present at Jefferies London Healthcare Conference

Charlotte’s Web to Present at Jefferies London Healthcare Conference

DENVER, Nov. 14, 2022 - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc. ("Charlotte's Web"), the market leader in cannabidiol (CBD) hemp extract wellness products, today announced that the Company's Chief Executive Officer, Jacques Tortoroli, and Chief Operating Officer, Jared Stanley, will present at the Jefferies London Health... Read More...
Charlotte's Web Signs European Specialty Distributor Stark Foods International

Charlotte’s Web Signs European Specialty Distributor Stark Foods International

DENVER, Nov. 10, 2022 - (TSX:CWEB, OTCQX:CWBHF) Charlotte's Web Holdings, Inc. ("Charlotte's Web"), the market leader in cannabidiol ("CBD") hemp extract wellness products, is pleased to announce a new distribution agreement with Stark Foods International, a distributor of European specialty food and beauty products to grocery and retail.... Read More...
Charlotte's Web Enters Strategic Alliance with Tilray for Manufacturing and Distribution in Canada

Charlotte’s Web Enters Strategic Alliance with Tilray for Manufacturing and Distribution in Canada

Charlotte's Web proprietary full spectrum hemp CBD products available across Canada in 2023 DENVER and LEAMINGTON, ON, Nov. 2, 2022 - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc. ("Charlotte's Web"), the market leader in cannabidiol ("CBD") hemp extract wellness products, and Tilray Brands, Inc. ("Tilray") (Nasdaq: TLRY) (TSX... Read More...
Charlotte's Web Q3-2022 Earnings Call and Webcast Notice

Charlotte’s Web Q3-2022 Earnings Call and Webcast Notice

DENVER, Oct. 28, 2022 - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc. ("Charlotte's Web"), the market leader in cannabidiol (CBD) hemp extract wellness products, will report its third-quarter financial results the morning of November 9, 2022. A conference call to discuss the results is scheduled for the same day at 11:00 a.m. ... Read More...
Charlotte's Web Full Spectrum Hemp CBD Products Launching Nationwide on Gopuff

Charlotte’s Web Full Spectrum Hemp CBD Products Launching Nationwide on Gopuff

America's leading CBD products now available for instant delivery with Gopuff DENVER, Oct. 4, 2022 - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc. ("Charlotte's Web," "CW"), the market leader in full-spectrum hemp extract CBD products, today announced a national distribution partnership with Gopuff, the go-to platform for imme... Read More...
Charlotte's Web Signs Distribution Agreement with Southern Glazer's Wine & Spirits

Charlotte’s Web Signs Distribution Agreement with Southern Glazer’s Wine & Spirits

Charlotte's Web Full Spectrum CBD Hemp Extracts Coming to Leading U.S. Spirits DistributorDENVER, Sept. 26, 2022 - (TSX: CWEB) ( OTCQX: CWBHF) Charlotte's Web Holdings, Inc. ("Charlotte's Web"), the market leader in hemp-derived cannabidiol ("CBD') extract wellness products, has signed a multi-year distribution agreement with Southern Gla... Read More...
Charlotte's Web Reveals Premium Sports Product Line Undergoing NSF's Certification Process

Charlotte’s Web Reveals Premium Sports Product Line Undergoing NSF’s Certification Process

Natural Wellness Options for Support of Recovery, Focus, and Sleep DENVER, Aug. 11, 2022 - (TSX: CWEB) (OTC: CWBHF) Charlotte's Web Holdings, Inc. ("Charlotte's Web," "CW"), the market leader in full-spectrum hemp extract CBD products, today announced plans to unveil a product line catering to the sports vertical. The products are curren... Read More...
Charlotte's Web Engages Hanson Faso Sales and Marketing, Inc. for the Central United States

Charlotte’s Web Engages Hanson Faso Sales and Marketing, Inc. for the Central United States

DENVER, Aug. 9, 2022 - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc. ("Charlotte's Web," "CW"), the market leader in full-spectrum hemp-derived CBD products, is expanding in the central United States in partnership with Hanson Faso Sales and Marketing Inc. ("Hanson Faso"), leading brokers in the sales and marketing of specialt... Read More...
Charlotte's Web Q2-2022 Earnings Call and Webcast Notice

Charlotte’s Web Q2-2022 Earnings Call and Webcast Notice

DENVER , Aug. 2, 2022 - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc. ("Charlotte's Web"), the market leader in cannabidiol (CBD) hemp extract wellness products, will report its second-quarter financial results the morning of August 9, 2022. A conference call to discuss the results is scheduled for the same day at 10:00 a.m. E... Read More...
Charlotte's Web Enters Employee Health Benefits Channel in Partnership with SBM, LLC.

Charlotte’s Web Enters Employee Health Benefits Channel in Partnership with SBM, LLC.

Launching Hemp CBD Wellness Benefits is an Industry First DENVER, July 12, 2022 - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc. ("Charlotte's Web," "CW"), the market leader in full-spectrum hemp extract CBD products, is the first company to achieve formulary approval and inclusion of its products in SBM LLC's exclusive employe... Read More...
Charlotte's Web Full Spectrum "Original Formula" CBD Validated in UK Food Standards Agency Novel Foods Evaluation Process

Charlotte’s Web Full Spectrum “Original Formula” CBD Validated in UK Food Standards Agency Novel Foods Evaluation Process

Enters Safety Assessment Phase to Await Approval DENVER, July 1, 2022 - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc., ("Charlotte's Web"), the market leader in full-spectrum cannabidiol ("CBD") hemp extract wellness products, has passed validation in its Novel Food applications from the Food Standards Agency ("FSA") in the Un... Read More...
Massage Envy Enhances Massage and Skin Care Portfolio With CBD Offerings From Charlotte's Web, The World's Most Trusted Hemp Extract™

Massage Envy Enhances Massage and Skin Care Portfolio With CBD Offerings From Charlotte’s Web, The World’s Most Trusted Hemp Extract™

CBD Clinic™ topicals are designed exclusively for health care practitioners, and are developed, formulated and manufactured to Charlotte's Web's high-quality standards.  Massage Envy customers may now choose to enhance their massage with either CBD Clinic Relax Massage Cream or Unscented Massage Cream, which are composed of plant-based ... Read More...
Charlotte's Web Appoints Greg Gould Chief Financial Officer and Chief Administration Officer

Charlotte’s Web Appoints Greg Gould Chief Financial Officer and Chief Administration Officer

Greg Gould is a senior finance executive with more than two decades of experience in Chief Financial Officer roles, leading multiple small and medium-sized businesses within the natural wellness and biopharmaceutical sectors. Mr. Gould brings significant financial and operational experience from both publicly traded and privately held co... Read More...
Charlotte's Web Appoints Energy Hemp Biotechnology Ltd. for Distribution in the Greater China Region

Charlotte’s Web Appoints Energy Hemp Biotechnology Ltd. for Distribution in the Greater China Region

Exclusive Agreement to support Chinese interest in hemp extracts DENVER, Colo. and HONG KONG, June 16, 2022 - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc. ("Charlotte's Web," "CW"), America's market leader in full-spectrum hemp extract CBD products, has signed an exclusive distribution agreement (the "Agreement") with Energy ... Read More...
Clinical Studies Support Charlotte's Web CBD Clinic™ Topicals as Safe for Massage and Frequent Use

Clinical Studies Support Charlotte’s Web CBD Clinic™ Topicals as Safe for Massage and Frequent Use

Clinical Safety Testing (CBD Clinic™ Relax Massage Cream) – Repeated Insult Patch test Clinical Safety Testing (CBD Clinic™ Relax Massage Cream) – A five-week 60 subject clinical study The research found that high-frequency repeated use, typical with massage therapists, of Charlotte's Web CBD Clinic™ massage products did not lead to sys... Read More...
Charlotte's Web Reports Second Cohort of CBD Safety Study Finds Zero Liver Toxicity and No Drowsiness

Charlotte’s Web Reports Second Cohort of CBD Safety Study Finds Zero Liver Toxicity and No Drowsiness

 Two human safety studies provide evidence that further addresses FDA's requests for liver safety data DENVER, May 17, 2022 - (TSX: CWEB) (OTCQX: CWBHF) – Charlotte's Web Holdings, Inc. ("Charlotte's Web"), the science-driven CBD industry pioneer and global market leader, today shared the conclusions of the combined first and second coho... Read More...
Charlotte's Web Delivers Operating Improvements on Lower Revenue in First Quarter of 2022

Charlotte’s Web Delivers Operating Improvements on Lower Revenue in First Quarter of 2022

Revenue decrease largely due to lower eCommerce traffic14.4% reduction in Operating ExpensesSignificant improvements in Operating Cash FlowEBITDA(1) improved by $3.5 million DENVER, May 16, 2022 - (TSX: CWEB) (OTCQX: CWBHF), Charlotte's Web Holdings, Inc. ("Charlotte's Web"), the market leader in full-spectrum hemp extract wellness produc... Read More...
Charlotte's Web Announces Management Appointments in Finance and Operations

Charlotte’s Web Announces Management Appointments in Finance and Operations

DENVER, April 25, 2022 - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc., ("Charlotte's Web"), the market leader in full-spectrum cannabidiol ("CBD") hemp extract wellness products, today announced management changes in finance and operations. Charlotte's Web Board of Directors has appointed Lindsey Jensen as Chief Financial Off... Read More...
Charlotte's Web Among First Full-Spectrum CBD Added to the List of CBD Products Authorised for Sale in the UK Following Validation of its Novel Food Application

Charlotte’s Web Among First Full-Spectrum CBD Added to the List of CBD Products Authorised for Sale in the UK Following Validation of its Novel Food Application

UK Food Standards Agency will now proceed through the safety evaluation process DENVER, April 1, 2022 - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc.,  ("Charlotte's Web"), the market leader in full-spectrum cannabidiol ("CBD") hemp extract wellness products, has achieved a milestone becoming one of the first companies to rece... Read More...
Charlotte's Web Reports 2021 Fourth Quarter and Year-End Financial Results

Charlotte’s Web Reports 2021 Fourth Quarter and Year-End Financial Results

2021 Revenue grew 1% to $96.1M Adjusted EBITDA1 Loss improved $5M to ($18.6M) $19.5M cash at December 31, 2021 DENVER, March 24, 2022 - (TSX: CWEB) (OTCQX: CWBHF), Charlotte's Web Holdings, Inc. ("Charlotte's Web"), the market leader in full spectrum hemp extract wellness products, today reported financial results for the fourth quart... Read More...
Charlotte's Web Signs Exclusive UK Distribution Agreement with Savage Cabbage

Charlotte’s Web Signs Exclusive UK Distribution Agreement with Savage Cabbage

 The world's best-selling CBD brand is partnering with a leading British CBD distributor as the UK hemp extract market continues to grow DENVER, March 21, 2022 - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc., ("Charlotte's Web"), the market leader in cannabidiol ("CBD") hemp extract wellness products, has signed an exclusive p... Read More...
Charlotte's Web 2021 Q4 & Year-End Earnings Call and Webcast Notice

Charlotte’s Web 2021 Q4 & Year-End Earnings Call and Webcast Notice

DENVER, March 7, 2022 - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc. ("Charlotte's Web"), the market leader in cannabidiol (CBD) hemp extract wellness products, will report 2021 fourth quarter and year-end financial results the morning of March 24, 2022. A conference call to discuss the results is scheduled for the same day a... Read More...
Clinical Trial Shows Charlotte's Web Hemp Extract's Positive Effects on Stress, Sleep and Well Being

Clinical Trial Shows Charlotte’s Web Hemp Extract’s Positive Effects on Stress, Sleep and Well Being

Majority experienced a clinically meaningful improvement in stress and sleep quality, and a significant 74% average improvement in well-being DENVER, Feb. 8, 2022 - (TSX:CWEB) (OTCQX:CWBHF) Charlotte's Web Holdings, Inc. ("Charlotte's Web"), the market leader in cannabidiol (CBD) hemp extract wellness products, shares the positive results... Read More...
Charlotte's Web Achieves ISO Certification for In-House Lab Testing

Charlotte’s Web Achieves ISO Certification for In-House Lab Testing

Only vertically-integrated hemp company to achieve ISO 17025 certification DENVER, Feb. 4, 2022 - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc. ("Charlotte's Web"), the market leader in cannabidiol ("CBD") hemp extract wellness products, has achieved International Organization for Standardization (ISO) 17025 certification. Thi... Read More...
Charlotte's Web Gummies Launching at GNC Locations Across 24 States

Charlotte’s Web Gummies Launching at GNC Locations Across 24 States

 DENVER, Jan. 18, 2022 /PRNewswire/ - (TSX:CWEB) (OTCQX:CWBHF) Charlotte's Web Holdings, Inc. ("Charlotte's Web,"), the market leader in full spectrum hemp extract products, today announced a national distribution agreement with GNC, a leading specialty retailer of nutritional products with more than 2,000 locations in the United States.... Read More...
Coming Soon.
IndexLast% Change
S&P 5004,288.050.27%Negative
Euro STOXX 504,160.940.33%Negative
FTSE 1007,578.850.38%Negative
Nikkei 22531,759.880.31%Negative

Delayed data (1h)
IndexLast% Change
S&P 5004,288.050.27%Negative
Euro STOXX 504,160.940.33%Negative
FTSE 1007,578.850.38%Negative
Nikkei 22531,759.880.31%Negative


Share this page