Charlotte's Web Holdings Inc (CWBHF): CW didn't miss. I've seen that a...

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Charlotte's Web Holdings Inc (CWBHF)

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Re: FastMny post# 14423

Tuesday, 03/24/2020 3:32:17 PM

Tuesday, March 24, 2020 3:32:17 PM

CW didn't miss. I've seen that assertion elsewhere. From the 3Q2019 earnings call transcript:

We had anticipated an update from the FDA before now, but as of today, there is no further guidance. This requires us to readjust our near-term growth expectations. So until such time as the FDA clarifies regulations, we expect our future year-on-year growth rates to continue in the 40% to 50% range, which includes 2019. This revises our 2019 revenue expectations in the range of $95 million to $105 million.

https://www.fool.com/earnings/call-transcripts/2019/11/18/charlottes-web-cwbhf-q3-2019-earnings-call-transcr.aspx

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