Charlotte's Web Holdings Inc (CWBHF)

[goodfela58]

Q2 numbers should be impressive when they report pre-market on August 14th imo. When buying Charlotte’s Web last quarter the most sought after product was their maximum strength oil. It was also the most difficult to find as you couldn’t buy it online and the stores I bought from would generally sell out of the maximum strength within a couple of days.

I suspect that the reason it wasn’t available online was because they had maximized the extraction yield from their 2017 harvest. I also think that this was the reason for their flat q1 revenue numbers.

Charlotte’s Web went on to report that March was a record sales month. This is probably because the extraction yield from the massive 2018 harvest started to hit the market. I also think that this is also why the maximum strength oil became available online. It should also be noted that Charlotte’s Web stated in the q1 report that their revenue guidance of $120-$170 million remained in tact. I think it was because they knew the demand was high.

If indeed the q1 numbers were a result of the maximized extraction yield , that won’t be a problem for the q2 numbers. I wouldn’t be surprised if revenue hits $30 million for q2 and I also wouldn’t be surprised if they raise their 2018 revenue estimates in lieu of the Kroger deal depending upon how quickly Kroger’s get their products on the shelf.

I am locked and loaded with shares and anticipate sone very nice q2 numbers and new all-time pps highs within a month. Charlotte’s Web appears to have a very bright future.