Home > Boards > US Listed > Cannabis >

Charlotte's Web Holdings, Inc. (CWBHF)

Add CWBHF Price Alert      Hide Sticky   Hide Intro
Moderator: JohnCM, super_trades, DarthYoda, ANIA77, Trulio_217, kf3991
Search This Board: 
Last Post: 10/14/2019 2:42:35 PM - Followers: 153 - Board type: Free - Posts Today: 0

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.

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.


Charlotte's Web has 24,095,294 Common Shares outstanding and 172,896.15 Proportionate Voting Shares convertible at 400:1, for an effective equivalent of 93,253,754 Common Shares outstanding. 

UPDATE per OTC Markets 40,172,154 05/28/2019

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.

Charlotte’s Web is a market leader in cannabis CBD, says M Partners

"M Partners analyst Damian Karp is bullish on US cannabis company Charlotte’s Web Holdings (Charlotte’s Web Holdings Stock Quote, Chart CSE:CWEB), saying the makers of CBD wellness products should be able to maintain its market-leading position as it expands both domestically and internationally."


This Marijuana Stock Has a Clear Path to Uplist to the Nasdaq or NYSE

"The Farm Bill's passage should allow this $2 Billion pot stock to move to a more reputable exchange."


Current Price
Bid Ask Day's Range
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
CWBHF News: Waves of CBD Beauty Products Filling Shelves of Major Retailers Across the US 07/16/2019 08:45:00 AM
CWBHF News: Acquisitions Reveal the Steadily Changing Shape of the Cannabis Sector 06/18/2019 08:45:00 AM
CWBHF News: New Tech Brings Big Gains to Ancillary Cannabis -THC Therapeutics Inc. (THCT) 05/30/2019 10:05:00 AM
CWBHF News: Celebrity Attention Fuels Rising Press Profile of CBD 05/21/2019 08:45:00 AM
CWBHF News: Hemp Companies Move to Tackle CBD Shortfall 05/14/2019 08:45:00 AM
#11963  Sticky Note Articles like this might help sway more retail mc73 10/02/19 02:10:17 AM
#787  Sticky Note John Boehner (Former Speaker of the United States Rockhall 10/24/18 07:39:15 AM
#435  Sticky Note CHARLOTTE'S WEB HOLDINGS COVERAGE by Canaccord Genuity ANIA77 10/02/18 09:12:23 PM
#12157   Fairfax, Virginia...interesting. Making not just CBD available to DarthYoda 10/14/19 02:42:35 PM
#12156   "What Makes A Good Hemp Flower?": DarthYoda 10/14/19 12:39:08 PM
#12155   https://www.youtube.com/watch?v=W0xHCkOnn-A DarthYoda 10/14/19 11:54:02 AM
#12154   Gotta have the right kind of hemp to DarthYoda 10/14/19 11:49:18 AM
#12153   Product sampling issue. At least they made the GE_Jim 10/14/19 11:34:05 AM
#12152   Good USDA rule-Make sure to put your roaches DarthYoda 10/14/19 11:24:27 AM
#12151   I haven't read your posts as having a Trulio_217 10/14/19 10:40:57 AM
#12150   BTW, I believe CWBHF is the strongest in FUNMAN 10/14/19 10:09:36 AM
#12149   New research showing CBD directly affecting cancer without DarthYoda 10/14/19 10:03:24 AM
#12148   Supply, demand cycles intermixed with volume and profit GE_Jim 10/14/19 09:14:33 AM
#12147   Trulio, what many people fail to realize about DarthYoda 10/14/19 08:17:14 AM
#12146   This is not true at all. I don't DarthYoda 10/14/19 08:01:41 AM
#12145   Inventory turn is important. No doubt. And, sure, Trulio_217 10/14/19 01:08:23 AM
#12144   Can you cite ANY objective authority that contradicts Gladys Thong 10/14/19 12:52:29 AM
#12143   Trulio, I'm a FAN and shareholder. Doesn't change FUNMAN 10/13/19 11:29:33 PM
#12142   Charlotte's Web uses an inventory model whereby it Trulio_217 10/13/19 10:37:06 PM
#12141   That would be great if the moment the FUNMAN 10/13/19 09:48:36 PM
#12140   This is why it is GOOD NEWS for Wolf-man jack 10/13/19 08:24:08 PM
#12139   BAD NEWS for Charlotte’s Web Trademark according Wolf-man jack 10/13/19 08:01:36 PM
#12138   Indirectly related but I would think important enough GE_Jim 10/13/19 11:10:28 AM
#12137   OGI first of the cbd/Mj to come off deadjim 10/11/19 03:43:57 PM
#12135   Altho I imagine you did also nowwhat2 10/11/19 02:51:52 PM
#12134   The overhead view of the Oregon farm is DarthYoda 10/11/19 12:02:30 PM
#12133   It's so funny to me how so many DarthYoda 10/11/19 11:58:20 AM
#12131   the bartending industry will be sad to hear Gladys Thong 10/11/19 01:55:33 AM
#12130   And some companies have already produced all they Trulio_217 10/11/19 12:23:49 AM
#12129   2020: Year of the extractors...and vertically-integrated cannabis companies Trulio_217 10/11/19 12:22:33 AM
#12128   Lots of issues this harvest. CW looking miles Dr Socrates 10/10/19 11:51:23 PM
#12127   "Drought impacts East Tennessee hemp farmers": DarthYoda 10/10/19 10:20:57 PM
#12126   Some companies seem to having a few problems nowwhat2 10/10/19 08:42:06 PM
#12125   :) yup, we know what we own here ANIA77 10/10/19 06:43:29 PM
#12124   You see clearly maximus. And that is a DarthYoda 10/10/19 03:11:25 PM
#12123   https://hempindustrydaily.com/canopy-u-s-hemp-grower-head-to-court-over-dismal-c maximus_dm 10/10/19 02:38:23 PM
#12122   I would love to watch your video, but FUNMAN 10/10/19 09:46:19 AM
#12121   Check out this speech by Elsner (not brief) Trulio_217 10/10/19 09:44:15 AM
#12120   Charlotte’s Web Holdings Inc (OTCMKTS:CWBHF) Sees a Path FUNMAN 10/10/19 09:23:29 AM
#12119   Thank you. Just bought myself 3 bottles. DilJam 10/09/19 11:37:03 PM
#12118   Uplist imminent? Motley Fool thinks so. deswag 10/09/19 10:35:10 PM
#12117   It was rather unintelligible.... Dogger05 10/09/19 06:30:43 PM
#12116   https://en.wikipedia.org/wiki/Nielsen_ratings DarthYoda 10/09/19 03:50:38 PM
#12115   For any who aren't familiar with Nielsen, they DarthYoda 10/09/19 03:48:27 PM
#12114   "U.S. Cannabis Sales to More Than Quintuple by DarthYoda 10/09/19 03:16:40 PM
#12112   Can you reword that post into adult English? DarthYoda 10/09/19 02:06:49 PM
#12111   Do you ever read or think about what -Kush- 10/09/19 02:05:34 PM
#12110   Oh I hear you on that. Ok then, DarthYoda 10/09/19 02:01:16 PM
#12109   Right. I think the presumption that the FDA Trulio_217 10/09/19 01:37:58 PM
#12108   Not only is hemp derived THC just as DarthYoda 10/09/19 01:33:39 PM
#12107   "Letter urging new CBD regs sent to all DarthYoda 10/09/19 12:29:56 PM
#12106   Agree. Have to think this is part of deswag 10/09/19 12:08:25 PM
#12105   All cannabinoids derived from hemp, THC explicitly included, DarthYoda 10/09/19 11:57:50 AM