Charlotte's Web Holdings Inc (CWBHF)

[chesster2010]

Could go much lower imo. Reasons listed below.

Look at STNE which did a follow-on offering priced at $40.50 on April 3rd. It then tanked to 24.51 in a matter of weeks. Remember STNE was a very hot high growth stock that's backed by Warren Buffet. No matter how hard diehards try to spin this I don't see shareholders selling as a positive for CWBHF.

Additionally, Charlotte's Web recently filed a shelf Prospectus that could be used as well.
https://www.newcannabisventures.com/charlottes-web-holdings-inc-files-final-base-shelf-prospectus/

Furthermore, I posted this article the other day that many jumped on me about. Here's a quote and link. "If CBD oil is simply a commodity, Charlotte’s Web almost certainly loses pricing power. If there’s no “better” CBD oil, producers will compete more on price and less on branding. Charlotte’s Web’s first-mover advantage will evaporate and margins will decline."
https://finance.yahoo.com/news/3-key-risks-consider-jumping-104033496.html

I know many here are die hard investors that don't want to look at any Cons but doesn't hurt to look at all sides.