Charlotte's Web Holdings Inc (CWBHF)

[Street Smart]

I think they will do well as a premium CBD company yes. As long as the economy is good there is a strong market for more expensive premium brands. When economy turns down the premium brands suffers the most. One trick pony. Premium CBD products. No recreational. No medical. no proprietary assets. No cheaper CBD products that the masses can afford.

There will be bigger than this. Much bigger. Medical will end up being massive.

Bottom line. I am a very big investor on the open market. I do not do private placements. That being said I look for shareholder friendly companies. That dump CW took was all I needed. I do not sit through this again. They may be fine and be a long term win too. That is fine and good. I will have something much bigger than this