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Charlotte's Web Holdings, Inc. (CWBHF)

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Charlotte's Web Holdings, Inc.

CA CSE: CWEB [CSE25 Index Member]

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 2018, 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.


Issued & Outstanding: 
Reserved for Issuance: 
Fully Diluted

Corporate Website: http://www.cwhemp.com/


Charlotte’s Web Holdings Inc.
Investor Relations
2425 55th Street, Suite 200
Boulder, Colorado, 80301

Email:  InvestorRelations@CWhemp.com

Phone: (416) 594-3849




Toronto, Ontario – October 31, 2018 – Corriente Master Fund II, LP (“Corriente”) announced that effective October 29, 2018 it has increased its ownership in the capital of Charlotte’s Web Holdings, Inc. (the “Issuer”) by another 2% through acquisitions on the Canadian Securities Exchange (the “CSE”). Together with the 2,149,700 common shares of the Issuer previously owned by Corriente, which represented approximately 12.46% of the then issued and outstanding common shares of the Issuer and approximately 2.32% of the then total voting rights of the Issuer, Corriente now owns and controls a total of 2,592,500 common shares of the Issuer, or approximately 15.03% of the issued and outstanding common shares of the Issuer and approximately 2.79% of the total voting rights of the Issuer. Corriente Advisors, LLC is the investment manager of Corriente. Corriente acquired the common shares for investment purposes, and may acquire further common shares or dispose of its holdings of the common shares, as investment conditions warrant. The Issuer is listed on the CSE under the symbol “CWEB”.



Charlotte's Web CEO Hess Moallem appeared on CNBC Squawk on the Street this morning. The interview aired just before 11am ET and touched on a handful of topics including the legalization of marijuana in Canada and its potential impact on the CBD market, broader cannabis regulations in the U.S., sales of Charlotte’s Web products in the U.S. as a core market with plans to expand internationally, and the Bi-partisan support for the Farm Bill.

Hess concluded by reminding the audience that Charlotte’s Web, unlike many cannabis companies, has established revenue, significant profitability and is focused on the momentum of its market share expansion.

The interview can be viewed here: https://www.cnbc.com/video/2018/10/17/canada-marijuana-cannabis.html


CBD Leader Charlotte’s Web Holdings, Inc. Surpasses 3000 Locations as Mainstream Market Grows

BOULDER, COLORADO, October 16, 2018 — (CSE: CWEB; OTCQX: CWBHF) Charlotte’s Web Holdings, Inc. (“Charlotte’s Web” or the “Company”), the market share leader in hemp-based CBD wellness products, has surpassed 3000 retail locations across the United States. At the end of 2017, Charlotte’s Web products were sold in approximately 2,000 locations. The Company disclosed today that it surpassed its 2018 year-end goal of 3,000 locations during the 3 rd quarter. “Firstly, I would like to commend our incredible and committed staff who worked tirelessly to achieve this milestone,” stated Charlotte’s Web CEO Hess Moallem. “I would also like to thank our dedicated retail partners for their continued support of our mission and for valuing the trust that is closely associated with our brand name.” With CBD gaining mainstream market momentum, Charlotte’s Web, the industry pioneer and category leader in hemp-based CBD, has expanded its suite of product offerings across a wider variety of retailers, from small specialty health food stores to now including regional pharmacy and grocery chains. The Company recently added more than 40 Bartell drug stores in the North West. Mr. Moallem added, “While we are thrilled to beat our retail expectations for the year, we know this is just the beginning of our continued expansion both domestically and worldwide. We are deeply committed to the millions of people who benefit from Charlotte’s Web and we will continue breaking new ground to ensure our products are made available in as many retail locations as possible.” In September at Natural Products EXPO East 2018, Charlotte’s Web took home The NEXTY Consumer Choice Award. The NEXTY Award recognizes innovative natural products that inspire and uphold industry integrity. Charlotte’s Web was selected from a group of 57 finalists. The Company recently completed a brand and consumer packaging refresh.



OTC Markets Group Welcomes Charlotte's Web Holdings, Inc. to OTCQX

OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced Charlotte's Web Holdings, Inc. (CSE: CWEB; OTCQX: CWBHF), ("Charlotte's Web" or "the Company") the market leader in the production and distribution of innovative hemp-based cannabidiol ("CBD") wellness products, has qualified to trade on the OTCQX® Best Market. 

Charlotte's Web Holdings begins trading today on OTCQX under the symbol "CWBHF."  U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcmarkets.com. Trading on OTCQX provides broader access for U.S. investors interested in investing in Charlotte's Web.

"Charlotte's Web Holdings joins a robust roster of CSE-listed companies that choose to cross-trade on the OTCQX Market to provide greater transparency and more efficient trading for their investors globally," said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. "We look forward to supporting Charlotte's Web Holdings as the company works to build visibility, liquidity and long-term shareholder value."

"As the market leader, we have a substantial base of customers in the United States," said Hess Moallem," President & CEO of Charlotte's Web. "Accordingly, we have a substantial U.S. investor following and trading on the OTCQX Market will improve accessibility, liquidity and exposure for investors in the U.S."


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CWBHF News: Cannabis Cultivation Powering Growth for the Industry 12/03/2018 08:45:00 AM
CWBHF News: Departure of US AG and Democratic House Control Improve Prospects for Hemp Industry 11/27/2018 08:45:00 AM
CWBHF News: Growing Cannabis Industry Creates Space for New Strategies 11/13/2018 08:45:00 AM
CWBHF News: Investors Flock to Cannabis Market as Business Booms 11/07/2018 08:45:00 AM
PlusOneCoin Top Posts
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#933  Sticky Note CWBHF had diluted Shares: 106.5 million on 11/20/18. DD8 11/29/18 04:12:38 PM
#787  Sticky Note John Boehner (Former Speaker of the United States Rockhall 10/24/18 07:39:15 AM
#765  Sticky Note There are 17.2M shares currently issued and outstanding. Rockhall 10/22/18 08:27:16 AM
#435  Sticky Note CHARLOTTE'S WEB HOLDINGS COVERAGE by Canaccord Genuity ANIA77 10/02/18 09:12:23 PM
#1152   Here is a good read explaining why they ANIA77 12/16/18 02:05:40 PM
#1151   https://www.marijuanamoment.net/trumps-new-white-house-chief-of-staff-supports-m 12yearplan 12/15/18 09:53:15 AM
#1150   This is all legit. CWEB and CVSI. JohnCM 12/15/18 02:44:30 AM
#1149   The entire sector stinks. Been there before. JohnCM 12/15/18 02:20:25 AM
#1148   I'm not a big fan of these long CornellEngineer 12/14/18 12:52:57 PM
#1147   What a rollercoaster! SBZRUS 12/14/18 11:43:57 AM
#1146   Right? And any positive news just turns into TraderJoe03 12/14/18 09:46:46 AM
#1145   Tough to get excited about the CBD/Hemp stocks Mlady 12/13/18 02:24:18 PM
#1144   People selling profits. I don't think this stock Oxyus 12/13/18 01:46:10 PM
#1143   Why.Would.Anyone.Be.Selling.This.Stock?..Myopia.Runs.Rampant...EOM BigNexEnd 12/13/18 12:16:32 PM
#1142   Farm Bill To Be Signed Next Week... BigNexEnd 12/13/18 11:08:55 AM
#1141   Interesting post Monk Nov 28 at the top 12yearplan 12/13/18 09:48:42 AM
#1140   Is CWEb being pulled down by Canadian association? HopeSkeptic 12/13/18 09:46:33 AM
#1139   CNBC THINKS THERE WILL BE A HEMP MANIA CannaBeast 12/12/18 10:45:03 PM
#1138   Great! ANIA77 12/12/18 09:45:14 PM
#1137   Yessssss!!!! Let's go Charlotte's Web mc73 12/12/18 08:07:35 PM
#1136   Hemp Legalization Is Officially Headed to President Trump’s DD8 12/12/18 06:49:14 PM
#1135   AMAZING CNBC VIDEO This will be great for CannaBeast 12/12/18 06:26:05 PM
#1134   Oh, that was fast!!! JohnCM 12/12/18 05:15:50 PM
#1133   NBEV running in after hrs since house passage... dreek 12/12/18 05:09:52 PM
#1132   https://thehill.com/homenews/house/420990-house-passes-867-billion-farm-bill-sen dreek 12/12/18 04:31:48 PM
#1131   Will need 3 more strikes of the pen. JohnCM 12/12/18 04:21:45 PM
#1130   Awesome news - thanks! ~yanqui yanquitrader 12/12/18 04:17:01 PM
#1129   PASSED!!!!!!!!!! CES2002 12/12/18 04:15:37 PM
#1128   Cool ... JohnCM 12/12/18 03:24:47 PM
#1127   Remember, this is some of my elderly father's CornellEngineer 12/12/18 03:18:06 PM
#1126   A struggle ... JohnCM 12/12/18 03:01:50 PM
#1125   Schwab is no good for OTC Markets. They JohnCM 12/12/18 03:00:32 PM
#1124   Today is a good example of why it's CornellEngineer 12/12/18 02:58:01 PM
#1123   Stockscores and Stockcharts is all I use right JohnCM 12/12/18 02:49:07 PM
#1122   LOL...no way, John. I was just curious CornellEngineer 12/12/18 02:38:27 PM
#1121   I could always test for a spike and JohnCM 12/12/18 02:26:21 PM
#1120   thats what they said about weed also ...now super_trades 12/12/18 01:15:24 PM
#1119   NOT SMART Now the Real Big Money Finally CannaBeast 12/12/18 01:14:44 PM
#1118   Hemp to be commoditized soon. CBD oil will diduknow 12/12/18 12:57:47 PM
#1117   Sounds like I'm a lot like you in CornellEngineer 12/12/18 11:52:35 AM
#1116   Farm.Bill.Debate.In.House.Starts.At.Noon.EST.On.C-Span..About.35.Mins...EOM BigNexEnd 12/12/18 11:25:46 AM
#1115   After my initial buy with the agent at mx10001 12/12/18 11:13:30 AM
#1114   Farm Bill Hits House Floor Today ... BigNexEnd 12/12/18 11:09:38 AM
#1113   Don't underestimate the ability of "flighty impulse buyers" CornellEngineer 12/12/18 10:59:50 AM
#1112   I had to call TDA to establish my mx10001 12/12/18 10:53:34 AM
#1111   That could be, soot. But it still CornellEngineer 12/12/18 09:28:38 AM
#1110   CWEB is the #1 CBD OIL COMPANY in CannaBeast 12/12/18 08:15:53 AM
#1109   Thats fair to me. His post super_trades 12/12/18 08:10:54 AM
#1108   (Please tell me where I'm wrong)... MaxwellE 12/12/18 08:06:07 AM
#1107   I think the spikes were buys on the sootman 12/12/18 06:54:21 AM
#1106   Super - I know your note was to HopeSkeptic 12/12/18 06:15:04 AM
#1105   This is the Charlotte’s Web board. Why super_trades 12/12/18 05:10:12 AM
#1104   Passing the Farm Bill is just the first CornellEngineer 12/12/18 03:51:58 AM
#1103   That's good...but can you take a look at CornellEngineer 12/12/18 03:19:54 AM