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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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#2902  Sticky Note Link to all investor documents requested from Cweb. kf3991 02/28/19 08:34:22 PM
#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
#435  Sticky Note CHARLOTTE'S WEB HOLDINGS COVERAGE by Canaccord Genuity ANIA77 10/02/18 09:12:23 PM
#3789   $100 coming taubytaub 03/19/19 09:32:21 PM
#3788   Wrooooooong.....learn how to trade ....Cwbhf A true leader starkd748 03/19/19 09:30:11 PM
#3787   Epic Fail ....Booooooooooom starkd748 03/19/19 09:29:20 PM
#3786   Only a matter of time mc73 03/19/19 09:27:30 PM
#3785   Wrong bro starkd748 03/19/19 09:22:04 PM
#3784   Weeeeeeeeeee im calling for 50$ starkd748 03/19/19 09:21:15 PM
#3783   Love blue sky breakouts!!!! Could see $25-$35 after mc73 03/19/19 09:09:57 PM
#3782   The way it flew through 17's I would All in on Weed 03/19/19 09:05:03 PM
#3781   Epic fail...M MaxwellE 03/19/19 07:54:45 PM
#3780   Pretty much skipped right over $17's! Hmmmmmm 03/19/19 06:35:14 PM
#3779   Couldn’t agree more super_trades 03/19/19 06:01:53 PM
#3778   I feel $20.00 is only half way to All in on Weed 03/19/19 06:00:42 PM
#3777   The FDA approves drugs that have a laundry All in on Weed 03/19/19 05:57:00 PM
#3776   Now if the FDA would get off their MaxwellE 03/19/19 05:34:42 PM
#3775   $18.41 is a shorter jump to $20...M MaxwellE 03/19/19 05:30:34 PM
#3774   More official progress https://www.marijuanamoment.net/u-s-postal-service-issue RavenStu52 03/19/19 04:53:38 PM
#3773   Not a reader ? Gladys Thong 03/19/19 04:48:23 PM
#3772   First inning super_trades 03/19/19 04:47:25 PM
#3771   Quote I shared down below is what shows kf3991 03/19/19 04:26:29 PM
#3770   Bottom line is we will be 20+ EOW kf3991 03/19/19 04:24:26 PM
#3769   Correct, not what i meant with a "sell-off" kf3991 03/19/19 04:23:36 PM
#3768   it doesn't trade after hours its OTC All in on Weed 03/19/19 04:21:09 PM
#3767   18.41 USD +1.56 (9.26%) kf3991 03/19/19 04:19:27 PM
#3766   I notice the volume was higher in the Dogger05 03/19/19 04:18:43 PM
#3765   In my account it shows a last trade All in on Weed 03/19/19 04:18:05 PM
#3764   Close is 18.41 kf3991 03/19/19 04:13:17 PM
#3763   And we close less than $18??? ztockings 03/19/19 04:05:53 PM
#3762   About what? that I wasn't sure what will All in on Weed 03/19/19 04:05:49 PM
#3761   What a day ! At this still just ANIA77 03/19/19 04:01:26 PM
#3760   Lol ...Cwbhf booom starkd748 03/19/19 03:52:01 PM
#3759   Please don't wake "it" up. :) Trulio_217 03/19/19 03:48:42 PM
#3758   Getting ready for a blue sky breakout here! mc73 03/19/19 03:48:20 PM
#3757   Booooom look cwbhf fly and soar like an eagle... starkd748 03/19/19 03:35:01 PM
#3756   Boooooomage starkd748 03/19/19 03:34:16 PM
#3754   When do they report earnings??? ztockings 03/19/19 03:29:51 PM
#3753   CW is the potential TLRY CGC of 2019... super_trades 03/19/19 03:28:12 PM
#3752   Another Hemp Play to Consider: Charlotte's Web Holdings DarthYoda 03/19/19 02:34:04 PM
#3751   It never filled Dogger05 03/19/19 01:21:16 PM
#3750   Epic fail starkd748 03/19/19 01:16:03 PM
#3749   Wrong... starkd748 03/19/19 01:14:53 PM
#3748   Woooooow starkd748 03/19/19 01:09:09 PM
#3747   Just barely tapping into the power zone now. DarthYoda 03/19/19 01:06:55 PM
#3746   Wish I was that 24,500 bid yesterday lol kf3991 03/19/19 01:03:10 PM
#3745   Love seeing this! You all must be happy. Hmmmmmm 03/19/19 01:00:29 PM
#3744   ZOOM ZOOM :) sootman 03/19/19 12:57:08 PM
#3743   This has got to be onevof the stupidest starkd748 03/19/19 12:56:42 PM
#3742   Booooooooooom baby boooooom starkd748 03/19/19 12:56:03 PM
#3741   Booooom starkd748 03/19/19 12:55:19 PM
#3740   so wrong, yet so right.lol.. how far does deadjim 03/19/19 12:52:26 PM
#3739   I've never been so happy to be wrong. RavenStu52 03/19/19 12:51:11 PM