Charlotte's Web Holdings Inc (CWBHF)

[JDunbar]

Disappointed with stock price, not company performance

We have a CPG expert as CEO, and are investing in infrastructure for vertical integration and mass production. Our management team is more experienced than Trulieve's, the most obvious example of how well vertical integration can work with favorable legislation. Our business model may not be the greatest match for current conditions, but management is doing fine. Our revenue didn't collapse, it just shifted … more into D2C, which is by the most important COVID-19 sales channel anyway! The industry's revenue decreased 63% on average. 63%! I don't understand the relation of CWEB's stock price to its performance, but at least I can admit I don't know - I am very certain that a strong brand name is being built and I suppose for now, it has to be enough!

To the peeps who show up every six months to claim their charts cried "I told you so" … it's so easy this way, isn't it?