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Re: GE_Jim post# 20660

Thursday, 08/11/2022 11:11:17 AM

Thursday, August 11, 2022 11:11:17 AM

Post# of 21996
(edited)Well, it may be a while before you get any kind of reasonable answer to that question.

You said - "another 160K in the furnace" What are you talking about?


From Q2 MD&A...

The Company believes it will be cash neutral in the second half of 2022.


https://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00045471

And yes I agree the cost reduction is good to see and more sales would be better.
News today too...

"Charlotte's Web Reveals Premium Sports Product Line Undergoing NSF's Certification Process":
AUGUST 11, 2022

https://investors.charlottesweb.com/press-releases/press-release-details/2022/Charlottes-Web-Reveals-Premium-Sports-Product-Line-Undergoing-NSFs-Certification-Process/default.aspx

Oh, as an edit. They can't turn the ATM program back on until at least January 2023, so CW will be dilution free for at least the rest of the year...

The Company filed the final short-form base shelf prospectus on May 5, 2021 with Canadian regulators, with a term of 25-
months, which allowed the Company to qualify the distribution by way of prospectus in Canada of up to C$350,000 of common
shares, preferred shares, warrants, subscription receipts, units, or any combination thereof. The final short form base prospectus
expires on June 6, 2023. The Company filed a prospectus supplement to distribute up to C$60,000 of common shares of the
Company (the "Offered Shares") under the at-the-market equity program ("ATM Program"). As of January 4, 2022, the ATM
Program ceased to be available to the Company. The Company could reestablish this ATM once it becomes eligible for shortform registration on Form S-3, which could be as early as January 2023.

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