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Charlotte's Web Holdings, Inc. (CNSX:CWEB)

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Last Post: 9/23/2018 8:14:03 PM - Followers: 31 - Board type: Free - Posts Today: 0

New message board for Charlotte's Web Holdings, Inc. (CWEB:CA)






Charlotte's Web Holdings, Inc. (CWEB:CA) has gone public in Canada (CSE) via IPO on August 30th 2018
The latest in a growing list of U.S. businesses looking north of the border to raise capital.

The firm is the parent company of CW Hemp, the manufacturer of Charlotte’s Web CBD products, that was catapulted into the media spotlight in 2013 when it was featured in the CNN documentary “Weed.”

While the story of Charlotte’s Web garnered international exposure, little has been shared publicly about Stanley Brothers operations and financials – until now.
According to the firm’s preliminary prospectus Stanley Brothers, the company has been steadily posting an annual profit since 2016.
Its filing shows:

Revenue grew from $14.7 million in 2016 to $40 million in 2017, up  172% year-over-year.
Gross profit grew from $9.6 million in 2016 to $29.9 million in 2017, a 212% spike.
Gross profit as a percent of revenue was 65% and 75% in 2016 and 2017, respectively.
Adjusted EBITDA grew from $2 million in 2016 to $14.1 million in 2017; adjusted EBITDA as a percent of revenue was 14% and 35% in 2016 and 2017, respectively.

For the three months ended March 31, the company posted revenue of $13.1 million, gross profit of $10.5 million and adjusted EBITDA of $4.5 million.

Other highlights from the filing include:

The firm has more than 170 employees, with hemp cultivation operations in northeastern Colorado.
It also has source contracts in place with farms in Kentucky and Oregon.

In 2017, the firm estimated its market share at roughly 14%, based on its $40 million in revenue in an estimated $287 million hemp CBD market.
The firm’s liquid products are priced from $39.99 to $274.99. Its capsules sell for $34.99 to $119.99.
For its fiscal 2018, the firm projects sales of $65 million to $80 million, with estimated annual adjusted EBITDA of $23 million to $30 million.

Capitalization

Issued & Outstanding: 
16,450,000
Reserved for Issuance: 
91,317,936

Corporate Website: http://www.cwhemp.com/
 
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#66  Sticky Note CWEB is way undervalued in comparison to TLR*Y trademax42 09/06/18 05:31:15 PM
#352   Correction: May not be by law, but could trademax42 09/23/18 08:14:03 PM
#351   Barbara Carreno, a public affairs representative for the trademax42 09/23/18 06:55:39 PM
#350   Man, this makes me giddy. Nickftw 09/23/18 10:24:04 AM
#349   List of top MJ Stocks -Revenues and Growth AD2000 09/22/18 04:10:16 PM
#348   Great entry point AD2000 09/22/18 10:43:13 AM
#346   Agreed. Holding up well in comparison to others trademax42 09/21/18 12:23:30 PM
#345   The entire sector is blaring red just about. Jaymeinnyc 09/21/18 12:13:54 PM
#344   A little bit of consolidation happening after yesterday's trademax42 09/21/18 12:06:55 PM
#343   Yeah I sold all at highs. Should have Jaymeinnyc 09/21/18 11:43:36 AM
#341   Patiently waiting for the TLR*Y money to show trademax42 09/21/18 09:50:37 AM
#340   Your post was the reason I jumped around Jaymeinnyc 09/21/18 09:46:03 AM
#339   Yup look at all my posts on this trademax42 09/21/18 09:28:45 AM
#338   Sign up with TD Ameritrade in 5 minutes AD2000 09/21/18 12:28:02 AM
#337   Mark my words this stock has higher quarterly AD2000 09/21/18 12:26:28 AM
#336   My $CWEB$ ask orders with Fidelity, didn't fill, notshakenorstirred 09/20/18 10:56:29 PM
#335   Excellent info, thanks for sharing. trademax42 09/20/18 08:16:07 PM
#334   Great article, tm, thanks for the post!!! IMO... notshakenorstirred 09/20/18 07:25:09 PM
#333   Yep that's the one I bought last week Jaymeinnyc 09/20/18 05:48:49 PM
#332   Not sure if everyone has seen this CBD trademax42 09/20/18 05:04:06 PM
#331   hey ANIA77....a new 52wk high cometh sooneth, strong trademax42 09/20/18 04:42:38 PM
#330   Just need to use the right ticker: CWBHF mc73 09/20/18 04:38:33 PM
#329   Strong HOD close @18' which is also our ANIA77 09/20/18 04:33:14 PM
#328   Oh wow so they have updated the info. Jaymeinnyc 09/20/18 03:26:57 PM
#327   So I had a long discussion with foreign Sunblazers 09/20/18 02:14:43 PM
#326   FYI- bought all my shares with my TD mc73 09/20/18 02:07:11 PM
#325   I also bought with a brief call to TDA. mx10001 09/20/18 02:03:29 PM
#324   I bought through TD online with no problem. pauly3 09/20/18 12:22:19 PM
#323   This video is worth watching if you've not trademax42 09/20/18 12:15:21 PM
#322   thank you ;-) bde269 09/20/18 12:02:01 PM
#321   Mods - Please use your sticky ability. Rockhall 09/20/18 11:59:47 AM
#320   CWBHF - I bought through TD but had Jaymeinnyc 09/20/18 11:57:58 AM
#319   Lol I used some of my TLRY money Jaymeinnyc 09/20/18 11:56:29 AM
#318   what was the ticker u used when i bde269 09/20/18 11:45:28 AM
#317   Waiting patiently for some of the TLR*Y money trademax42 09/20/18 11:45:13 AM
#316   Yeah been watching your posts for awhile and Jaymeinnyc 09/20/18 11:34:22 AM
#315   Congrats. This already has gone past the $17 trademax42 09/20/18 11:25:04 AM
#314   Bought 5000 shares in my TD ROTH IRA Jaymeinnyc 09/20/18 10:48:57 AM
#313   Its about time for this to cross the trademax42 09/20/18 10:30:06 AM
#312   Canaccord Genuity maintains “buy” rating for CWEB with Natureboy1 09/19/18 06:30:36 PM
#311   Someone painted the tape to close at $16.19 trademax42 09/19/18 04:35:50 PM
#310   This is just about as big as alcohol AD2000 09/19/18 02:38:52 PM
#309   I just got in....hoping to see $100/share in mc73 09/19/18 09:53:33 AM
#307   Nice first post. Welcome aboard on Ihub. trademax42 09/19/18 09:01:20 AM
#306   Charlotte's Web getting some love from Joe Rogan CWEBster 09/18/18 11:52:07 PM
#305   CWEB was going to close at $15.90 Can trademax42 09/18/18 07:23:34 PM
#304   Tilray Tulip Inc. mx10001 09/18/18 06:14:21 PM
#303   I honestly have no idea who is sane ANIA77 09/18/18 05:36:20 PM
#302   TLR*Y traded at $162 USA dollars after hours. trademax42 09/18/18 05:30:15 PM
#301   Almost close @15.9.. we should start hitting 16s ANIA77 09/18/18 05:23:15 PM
#300   Of course, it is also trading on the mx10001 09/18/18 03:13:34 PM
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