Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Talk about your full blitz, good stuff. Nice to get everything info wise, back up to speed.
Found some new CW hemp IP as well as an August Q3 investor presentation. Also updated the ibox/intro above so there should be lots of info found through those links.
CA3157865A1 HEMP PLANT NAMED 'EM15B2A170' - 2022-07-25
https://worldwide.espacenet.com/patent/search/family/082482506/publication/CA3157865A1?q=pn%3DCA3157865A1
CA3155121A1 HEMP PLANT NAMED 'AF14B15-21' - 2022-07-20
https://worldwide.espacenet.com/patent/search/family/082482503/publication/CA3155121A1?q=pn%3DCA3155121A1
Investor Presentation
https://s22.q4cdn.com/636117063/files/doc_presentations/2022/08/CWEB-Aug_2022_CannacordConferencePresentation-Formal.pdf
Press Releases
https://investors.charlottesweb.com/press-releases/default.aspx
Share Structure
https://www.otcmarkets.com/stock/CWBHF/security
Key Statistics
https://finance.yahoo.com/quote/CWBHF/key-statistics?p=CWBHF
Sedar Filings
https://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00045471
SEC Filings
https://www.sec.gov/edgar/browse/?CIK=1750155&owner=exclude
Daily Chart
https://schrts.co/pSJwhSfm
Weekly Chart
https://schrts.co/SIAqwDec
Even after the big write down to end 2021, CWBHF's book value alone is still 80 cents(was 1.90). In the bigger picture, why is almost the entirety of the hemp and cannabis sector trading below their book values? Why do all their valuations currently have to have such low multiples? I remember not long ago when it was "normal" for all hemp/cannabis stocks to trade around 6-7x revs.
Being that there is no dilution here at all, the only trading going on here is by retail and some institutions. However many institutional holders sold off when this started to drop under a dollar. So, there aren't currently as many as there were, and the ones left have smaller holdings than before. The upside to that is whenever regulatory changes do happen, I expect the institutional holders will buy back in heavily and give the ticker more volume.
Here is some reading including an update from Alan Brochstein...
"Bottoming Out but Not Yet a Rally":
August 21, 2022
https://www.newcannabisventures.com/bottoming-out-but-not-yet-a-rally/
"House Passes Bill to Expand Cannabis and CBD Research":
August 15, 2022
OMG...Down almost 16% today another slap across the bag holders face, while CVSI is up almost 5%. This piece of crap is going to spiral into oblivion pretty damn soon, better dump it now, while you still have a couple of dollars left in your account. BYE BYE BAG HOLDERS, I TRIED TO WARN YOU...M
Down 10% today, damn , that's gotta sting. Another week like this, and it's bye bye, adios, arrivederci, au revoir...oh wait, I have one more, sayonara bag holders...Bwaaaahaaaahaaa...bwaaaahaaaaaa...bwaaahaaaa...I have one more...bwaaahaaaa...GONE BABY...M
The entire market had tanked at the time of that low. This was and still is very undervalued. IMO, there really is very little that is meaningful in stock valuation outside of "the multiple". The super fake market determines what multiple of revenue a given sector should trade around and then that just becomes normal. There is nothing that determines a sector's or a stock's multiple other than the people in charge of the fake ass market just saying..."the cannabis sector should trade around 6x revs...or 30x revs". Currently, many cannabis stocks are trading at multiples that are less than 1x revs. Plenty of room for pps to move up.
There has been no dilution here in 2022, and there isn't any on schedule for the rest of the year. You can see on L2 how little selling there is from day to day. An influx of volume here could have a drastic effect right now and for at least the rest of the year.
More stuff....
In two months the Spider has doubled off the 35 cent low. Why?
Some stuff...
Hemp carbon credits...
https://carboncredits.com/hemp-carbon-credits/
https://thehempblockchain.com/
All about recently discovered cannabinoid THC-P-"The Strongest Hemp Cannabinoid"...
https://www.mensjournal.com/health-fitness/thcp-everything-you-need-to-know/
What are these state moves about?...
https://richmondobserver.com/local-news/n-c-house-passes-bill-allowing-thc-drugs-that-are-fda-approved.html
https://www.cannabisbusinesstimes.com/article/kansas-governor-signs-bill-fda-approved-cannabis-derived-medication/
Here is some stuff...
"New Study: Hemp Increases Cow Health and Reduces Stress":
August 16TH, 2022
Horizons Marijuana Life Sciences Index ETF has Charlottes Web as one of their top ten holdings. https://finance.yahoo.com/quote/HMMJ.TO/holdings?p=HMMJ.TO
Top 10 Holdings (82.90% of Total Assets)Get Quotes for Top Holdings
Name Symbol % Assets
Tilray Inc TLRY.TO 17.45%
Canopy Growth Corp WEED.TO 11.91%
Cronos Group Inc CRON.TO 11.04%
Innovative Industrial Properties Inc Registered Shs IIPR 10.65%
Jazz Pharmaceuticals PLC JAZZ 9.62%
The Scotts Miracle Gro Co A SMG 8.31%
GrowGeneration Corp GRWG 4.41%
Hydrofarm Holdings Group Inc Ordinary Shares HYFM 3.44%
Village Farms International Inc VFF.TO 3.37%
Charlottes Web Holdings Inc Ordinary Shares CWEB 2.70%
Apparently thats not this companies reflection. Might have gotten it mixed up with the notorious other company which has nothing going for it as stated very well. Let's see what todays Monday brings.
The more of your CW shares you bet,
The more in returns you will net,
But of course when you lose,
Then you'll be singing the blues,
As each share, you'll regret, becomes debt...
author unknown
Tough luck bag holders...BK time...Hasta La Bye Bye...
Bwahahahahahah...M
Bwahahahahahah 6 feet under? Sounds like that company is going to take a long dirt nap.
When CW goes BK, you'll be standing tall with a befuddled look on your collective faces, similar to the one you had when you went to the punch bowl, and your best friend stole your prom date. Sorry Amigos, the Stonelys are robbing you blind, they keep spewing excuses for the poor performance of the company, and giving the bag holders a little side step. The lending institutions, and the so called analysts have figured out the Ponzie Scheme they are running, and paint a very bleak picture moving forward. But like all good bag holders, you all are in a solid state of denial, too bad, so sad. CASH BURN...M
Schumer Touts Senate Marijuana Research Bill Among ‘Historic Progress’ Under Biden As Legalization Measure Lingers... https://www.marijuanamoment.net/schumer-touts-senate-marijuana-research-bill-among-historic-progress-under-biden-as-legalization-measure-lingers/
THE WISE WQLF SAYS; Since the itsy bitsy spider web company cannot Dilute their shares until January 2023 and they have no deep pocket investors that are ready, willing, and able to invest in a company that is on the brink of reorganization bankruptcy, the 10 Million dollars of their credit line that is their only life line left, that apparently was being utilized to Finance and purchase the right to take over the Seven Dwarfs Marihuchee project, this company is now in Deep Doo Doo YQU Now Understand YQU Understand Have Mercy WQLF Ahooooooo
Fang Fang Said;
Hang in there CW longs. We’ll be standing long after weak competitors like CVSI are 6 feet under or acquired for nothing.
CW continues to make make moves!
Nice!
Cannabis has more bipartisan support than ever and cannabis giant reports 385 million in the 2nd quarter Earnings. .... Changes is coming... https://finance.yahoo.com/video/cannabis-reform-never-more-bipartisan-154311158.html?contentType=VIDEO
THE WISE WQLF and WISE MAX Says; Exactly more cash burn. The use of the Midwest Rack Jobber Company will bring their bottom line even further down like pants to the ground YQU Understand Have Mercy WQLF Ahooooooo
"Another iron in the fire, that’s good." Should read, Another million in the fire, not so good. All expansion does is burn more cash,..BURN THAT CASH BABY..M
Another iron in the fire, that’s good. Their expanding their reach in both products offering and in world wide offerings. There reduction in sales combined with reduction in SG&A “could be “a retool and reset on where they want to go. I think it maybe a qt or two before we see the results of what they’re currently doing, expanding takes some time to see the results, but they seem to have a different, or perhaps a shift, in aligning their business in what they want to be going forward under the new CEO. Regardless of what people say they are still the leader in this sector. It will be interesting to see what the 2nd half of the year will bring.
High points from Q2 Earnings call:
Q2 EBITA Loss of 5.4 Million
Q2 Net Loss of 7.9 Million
Q2 Revenue down 21.8% from Q2 2021
Cash Reserves down 4.7 Million in 2022
Elimination of 60 positions in the operation
Sounds like Life support to me...UP IN SMOKE...M
Really ?... You're not up 5%, you're down $25.40. If the analysts are correct, and I can't say it will get a lot worse, because there isn't a lot to work with, but bag holders will continue to get burned in this Ponzi Scheme. The Stonely Bros couldn't find their butt with both hands in a closet...BK TIME..M
THE WISE WQLF SAYS; ALL of the smart money has gotten out while the dumb moneys keeps getting dumber YQU Understand. Have Mercy WQLF Ahooooooo
Talon Zipper Said;
(edited)Well, it may be a while before you get any kind of reasonable answer to that question.
Then why are we up 5% since and not down 8%? Answer that. The march continues.
Market forces pissed on the leg of C W Bag Holders yesterday, when analysts downgraded their forecasts for both revenue and earnings per share estimates. Smells like the beginning of the end, not even one of those infamous side by side comparisons can save this piece of crap. It's gonna be a slow, painful bleed out for those that continued to buy into the Stonely Bros Ponzi Scheme...I would sign off with CASH BURN, but I don't think there is much more cash to burn...M
THE WISE WQLF SAYS; Check this FLUFF NEWS to distract the itsy bitsy spider web losers. Have Mercy WQLF Ahooooooo
Dr. Joong J Fang; Don’t look this way, look this way. Too Funny Lollipops.
https://finance.yahoo.com/news/charlottes-reveals-premium-sports-product-122000362.html
WQLF Says; Definitely not the NFL or MLB as most of the losers on this board were talking out of their @@@ YQU Understand Have Mercy WQLF Ahooooooo
AP17 and Maxwell were Right and Not WOKE YQU understand. Have Mercy WQLF Ahooooooo
Dr. Joong J Fang Said; Burn Baby Burn. Lollipops
https://finance.yahoo.com/news/bearish-analysts-just-cut-charlottes-102342417.html
“Market forces rained on the parade of Charlotte's Web Holdings, Inc. (TSE:CWEB) shareholders today, when the analysts downgraded their forecasts for this year. Both revenue and earnings per share (EPS) estimates were cut sharply as the analysts factored in the latest outlook for the business, concluding that they were too optimistic previously.
Following the downgrade, the consensus from six analysts covering Charlotte's Web Holdings is for revenues of US$82m in 2022, implying a perceptible 5.5% decline in sales compared to the last 12 months. The loss per share is anticipated to greatly reduce in the near future, narrowing 81% to US$0.18. However, before this estimates update, the consensus had been expecting revenues of US$96m and US$0.15 per share in losses. So there's been quite a change-up of views after the recent consensus updates, with the analysts making a serious cut to their revenue forecasts while also expecting losses per share to increase.
Analysts lifted their price target 35% to US$1.55, implicitly signalling that lower earnings per share are not expected to have a longer-term impact on the stock's value. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. There are some variant perceptions on Charlotte's Web Holdings, with the most bullish analyst valuing it at US$2.00 and the most bearish at US$0.70 per share. This is a fairly broad spread of estimates, suggesting that the analysts are forecasting a wide range of possible outcomes for the business.
These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Charlotte's Web Holdings' past performance and to peers in the same industry. These estimates imply that sales are expected to slow, with a forecast annualised revenue decline of 11% by the end of 2022. This indicates a significant reduction from annual growth of 0.9% over the last three years. Compare this with our data, which suggests that other companies in the same industry are, in aggregate, expected to see their revenue grow 23% per year. So although its revenues are forecast to shrink, this cloud does not come with a silver lining - Charlotte's Web Holdings is expected to lag the wider industry.
The Bottom Line
The most important thing to take away is that analysts increased their loss per share estimates for this year. Regrettably, they also downgraded their revenue estimates, and the latest forecasts imply the business will grow sales slower than the wider market. The rising price target is a puzzle, but still - with a serious cut to this year's outlook, we wouldn't be surprised if investors were a bit wary of Charlotte's Web Holdings.”
With that said, the long-term trajectory of the company's earnings is a lot more important than next year.
THE WISE WQLF SAID; Maxwell was referring to the Cash Burn of CWBHF YQU Now Understand YQU Understand Have Mercy WQLF Ahooooooo
Dr. Joong J Fang Said; Wake Up The Woke lollipops
https://investorshub.advfn.com/uimage/uploads/2022/3/8/j%5Bwxsburning_money_coal_sailors_shovel_gif_fairy_odd%E2%80%A6.gif
You said - "another 160K in the furnace" What are you talking about?
I do not think it was a weak 2nt qtr, the earnings were as I would have expected from this dumpster fire. Another day of declining sales, another 160K in the furnace, nothing new here... .FEEL THE BURN BAG HOLDERS...M
A little weak in that 2nd qt. Never a good thing when you have falling sales. On the other hand that drop in SG&A is a very welcome, if they can maintain that for a year they would save roughly 30 million from the previous year. Need to get that sales squared away however.
CBDHF down 5 percent today on miserable earnings report and YCBD up to 50 percent today. Have Mercy WQLF Ahooooooo
https://investors.charlottesweb.com/press-releases/press-release-details/2022/Charlottes-Web-Delivers-Operating-Improvements-on-Lower-Revenue-in-Second-Quarter-of-2022/default.aspx
https://investors.charlottesweb.com/press-releases/press-release-details/2022/Charlottes-Web-Engages-Hanson-Faso-Sales-and-Marketing-Inc.-for-the-Central-United-States/default.aspx
https://investors.charlottesweb.com/financials/quarterly-earnings/default.aspx
https://app.webinar.net/mNrPWZjWonD
I do think SAFE has a chance this year, but it's going to take 60 votes somewhere to do it.
Also as a fyi - Epidiolex will be eligible for patent challenges on September 28, 2022.
Follow up - Patent 10,137,095 will not expire until June 17, 2035. That would be the time for a generic version
BETTER STUFF From DEAN YQU Understand Have Mercy WQLF Ahooooooo
EPILEPSY CBD and epilepsy – study confirms whole-plant benefits
The whole-plant product was more a more effective inhibitor of sodium channels in epilepsy.
Published 6 hours ago 5th August 2022
https://cannabishealthnews.co.uk/2022/08/05/cbd-epilepsy-study-confirms-whole-plant-benefits-cbd22/
WQLF Says;
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169595917
Here is some stuff...
Bloomberg+CBD...
Taking cannabidiol, better known as CBD, may curb the severity of chronic anxiety symptoms in young people, a new study found https://t.co/ozi0TyY746
— Bloomberg (@business) August 4, 2022
THE WISE WQLF SAYS; DILUTION DILUTION DILUTION
Over 174,000 Shares added to the Outstanding Shares in July. Have Mercy WQLF Ahooooooo
Authorized Shares
Unlimited
07/27/2022
Outstanding Shares
145,453,442
07/27/2022
Outstanding Shares
145,450,846
07/11/2022
Outstanding Shares
145,278,165
07/04/2022
Be that as it may 60 votes is still a tough number. We'll see.
“Charlotte's Web Holdings, Inc. ("Charlotte's Web" or the "Itsy Bitsy Spider Web Company"), will report its second-quarter financial results in the wee morning of August 9, 2022.”
https://finance.yahoo.com/news/charlottes-q2-2022-earnings-call-123000427.html
Followers
|
150
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
21988
|
Created
|
08/29/18
|
Type
|
Free
|
Moderators |
MLB hasn't sold any shares. It was an ETF.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172008213.
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |