Charlotte's Web Holdings Inc (CWBHF)

[chesster2010]

CWBHF $5.99 value. Also Buyout unlikely imo as shareholders just unloaded. Be realistic. Don't you think they would have waited to sell if a buyout was around the corner?

With so many entering the CBD market now there's going to be huge pricing pressure. You're already seeing other competitors using big names to endorse their products. This is going to be a fight to the finish.

I posted a few headlines last week. Here are some other recent ones.

Marijuana market isn't enough for Chicago's Cresco Labs — it wants in on CBD trend too
https://www.chicagotribune.com/business/ct-biz-cresco-labs-cbd-20190225-story.html

New Age Launches CBD Globally
https://www.marketwatch.com/press-release/new-age-launches-cbd-globally-2019-04-25

Along with other companies entering the market look at this huge list of CBD companies already here.
https://cbdoilreview.org/cbd-companies/

Furthermore, I think CWBHF could get a huge haircut if Coke or Pepsi made an announcement to enter the space. We saw the same thing happen to STNE which is backed by Warren Buffet. Had a double whammy. STNE did an offering like CWBHF is now and then a competitor made an announcement and STNE got hammered. Went from 45's to 24's in a heart beat. Here's an article for reference. https://finance.yahoo.com/news/apos-why-stoneco-stock-plunging-154423139.html

CWBHF still trades at a huge premium. This is not a cheap stock by any means. $5.99 is the current value as shown below.