Charlotte's Web Holdings Inc (CWBHF)

[chesster2010]

Increased industry competition

See page 21 from CHARLOTTE'S WEB HOLDINGS COVERAGE by Canaccord Genuity. This quote sums up much of what I've been stating in previous posts.

"Improving regulation that supports the production and distribution of hemp and CBD products is attracting competitors to the industry. While the industry continues to evolve, there may be competitors with greater financial or marketing resources that look to enter the space. An increased level of competition may erode the company’s competitive advantage if Charlotte’s Web is not able to adapt to the changing competitive landscape accordingly. While Charlotte’s Web maintains a market leadership position, increased distribution by a competitor at a mass market retailer could negatively impact the demand for the company’s products, particularly if it is a quality competitive offering that is priced below Charlotte’s Web."

http://cdn.ceo.ca.s3-us-west-2.amazonaws.com/1dq4vhg-CWEB%2B-%2BInitiation.pdf