High Times
Home > Boards > US Listed > Cannabis >

Charlotte's Web Holdings, Inc. (CWBHF)

CWBHF RSS Feed
Add CWBHF Price Alert      Hide Sticky   Hide Intro
Moderator: Monksdream, JohnCM, Rockhall, DD8, ANIA77, MarijuanaStockMillionaire
Search This Board: 
Last Post: 10/20/2018 10:11:34 PM - Followers: 45 - 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
Fully diluted
107,780,000
 

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

CONTACT

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

Email:  InvestorRelations@CWhemp.com

Phone: (416) 594-3849


 
High Times
CWBHF
Current Price
Volume:
Bid Ask Day's Range
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
PlusOneCoin Top Posts
#638   I never doubted that both were good buys. Deetew 10/12/18 09:07:07 PM
PostSubject
#484  Sticky Note Company has increased revenue each and every quarter Rockhall 10/05/18 10:45:44 AM
#435  Sticky Note CHARLOTTE'S WEB HOLDINGS COVERAGE by Canaccord Genuity ANIA77 10/02/18 09:12:23 PM
#756   You want to own Charlotte's Web. JohnCM 10/20/18 10:11:34 PM
#754   I agree. I could see a hold until $25.00 JohnCM 10/19/18 01:31:30 AM
#753   I can see this at $100 by end mc73 10/18/18 09:37:13 PM
#752   I got in on the first day of Rockhall 10/18/18 09:29:47 PM
#751   SHARES OUT JohnCM 10/18/18 03:59:51 PM
#750   An1 Know what float this stock is at?? alannnnn 10/18/18 03:34:32 PM
#749   It will go higher ... JohnCM 10/17/18 06:39:37 PM
#748   In CAD that would be around 26$? PBGoodwill 10/17/18 06:13:28 PM
#747   I'm holding everything since the Canadian IPO bell! PBGoodwill 10/17/18 06:10:37 PM
#746   This will be a twenty dollar stock. JohnCM 10/17/18 06:07:10 PM
#745   I added 1,000 shares today. JohnCM 10/17/18 06:06:16 PM
#744   Yesterday I had no idea if I would PBGoodwill 10/17/18 04:09:51 PM
#743   It was PR day it seems, I love PBGoodwill 10/17/18 04:07:34 PM
#742   Very nice! PBGoodwill 10/17/18 04:06:21 PM
#741   Portfolio 8:35 am -3.97% JohnCM 10/17/18 02:51:53 PM
#740   https://www.cnbc.com/video/2018/10/17/canada-marijuana-cannabis.html CNBC Interview Charlotte’ JohnCM 10/17/18 02:31:38 PM
#739   https://youtu.be/LWsj5f5JChg "We do have plans to expand internationally. First Nickftw 10/17/18 01:50:39 PM
#738   Someone posted on a different board that CWEB ANIA77 10/17/18 11:49:16 AM
#737   They need to stop saying it's safe and mc73 10/17/18 11:45:28 AM
#736   Nice volume, maybe word getting out is "tradeable" HMB2010 10/17/18 11:43:24 AM
#735   That's my point.. WHO says it is safe.. ANIA77 10/17/18 11:33:18 AM
#734   They say it's safe but still havent changed mc73 10/17/18 11:25:25 AM
#733   WHO already reported at the beginning of the ANIA77 10/17/18 11:17:11 AM
#732   The opinions are being sent to WHO... mc73 10/17/18 10:59:04 AM
#731   I read.. they got over 10,000 opinions already ANIA77 10/17/18 10:53:33 AM
#730   A lot. Go read why the FDA wants opinions. mc73 10/17/18 10:48:12 AM
#729   Picked up another 1,000 shares at $13.20 JohnCM 10/17/18 10:47:15 AM
#728   Shouldn't FDA ask research centers/labs about benefits of ANIA77 10/17/18 08:03:50 AM
#727   Time to "ask the company." JohnCM 10/17/18 07:28:19 AM
#726   My friend bought another cbd oil because of Natureboy1 10/17/18 06:27:15 AM
#725   The FDA in previous public statements has expressed Monksdream 10/16/18 10:25:19 PM
#724   FDA Seeks Public Comments Regarding International Classification Of Cannabis: DD8 10/16/18 10:22:36 PM
#723   CWEB has been lagging. For no reason. JohnCM 10/16/18 07:27:17 PM
#722   Very bullish CWEB.c chart: PBGoodwill 10/16/18 05:36:14 PM
#721   Market loves the news here! PBGoodwill 10/16/18 04:11:09 PM
#720   CBD Leader Charlotte’s Web Holdings, Inc. Surpasses 3000 JohnCM 10/16/18 02:51:35 PM
#719   Large bid/ask spread, few sellers Nice to be up Rockhall 10/16/18 12:46:29 PM
#718   Holy hell, this stock spiked up a dollar Nickftw 10/16/18 12:10:50 PM
#717   I think CWEB touched $14 US JohnCM 10/16/18 11:47:38 AM
#716   Umm yeah we have a print of $17.4 ANIA77 10/16/18 11:39:56 AM
#715   I like talking US dollars. JohnCM 10/16/18 11:38:00 AM
#714   Ha, now when I think about it.. I'm ANIA77 10/16/18 11:18:04 AM
#713   We hit 17.4 today on air.. it only ANIA77 10/16/18 11:09:42 AM
#712   20.00 distinct possibility. Within 3 months. IMO. JohnCM 10/16/18 09:50:00 AM
#711   True! There is a stock coverage report that mc73 10/16/18 09:43:36 AM
#710   INMG public? JohnCM 10/16/18 09:28:41 AM
#709   Charlotte's Web is undervalued and has not run yet. JohnCM 10/16/18 09:26:34 AM
#708   Prob first ingredient in the ingredient list? TraderJoe03 10/16/18 08:12:53 AM
#707   News out today - 3,000 stores selling CW!!! Penny Masters 10/16/18 08:00:48 AM
#706   They use word extract to point out that ANIA77 10/15/18 07:14:12 PM
PostSubject