Charlotte's Web Holdings Inc (CWBHF)

[DarthYoda]

It's a massive buying opportunity IMO. NEWS and chart below.
Daily RSI is at 20. Today, we just dipped below what I had marked as a long term trend line for bottom(connecting bottoms from May2022 and September 2022). They report on March 23. MLB season opens March 30. A CPG pro from BAT just joined the BOD in a PR no one posted yet from yesterday late afternoon. They have over $60mil in cash. Market cap is less than cash. Fully diluted market cap is a bit higher but includes MLB's 4% ownership. Revenue will be less than last year, but their net numbers will be better IMO. There is always someone pushing the price down leading up to CWBHF's financial reports, but whichever ETF(probably the one that owns the most) has been manipulating us down to these levels this time should be really ashamed of themselves. Well, I got some cheapies yesterday and today, so I'm betting we head back up not too long from now. Hang in there buddy. I know this hasn't been fun lately.

Daily Chart
https://schrts.co/bfeKbzVy

"Charlotte's Web Appoints Jonathan P. Atwood to its Board of Directors":
MARCH 14, 2023

DENVER, March 14, 2023 /CNW/ - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc. ("Charlotte's Web" or the "Company"), the market leader in cannabidiol ("CBD") hemp extract wellness products is pleased to announce the appointment of Mr. Jonathan P. Atwood to the Company's board of directors (the "Board"). Mr. Atwood brings extensive senior executive experience within the Consumer Packaged Goods ("CPG") industry with roles at British American Tobacco ("BAT"), Reynolds American, Unilever and Kraft Foods. He is currently the Group Head of Business Communications for BAT and is responsible for BAT's external, internal, and corporate brand communications with a focus on amplifying BAT's corporate purpose of A Better Tomorrow™. Mr. Atwood was designated as a Board nominee by BAT, in connection with their November purchase of convertible debenture in Charlotte's Web, Inc.

Mr. Atwood held senior management positions at Unilever, most recently leading global supply chain communications. Prior to that, he led sustainability and corporate communications for Unilever North America. Mr. Atwood is an inspired sustainability advocate and has worked closely with B Corps companies.

Charlotte's Web is the only publicly traded CBD B-Corp certified company.

"We welcome Jonathan as a valuable addition to the Board where he can support our international and sustainability ambitions. We look forward to working closely together on our mutually shared interests." said John Held, Chairman of the Board of Charlotte's Web.

Mr. Atwood's appointment brings the total number of directors on the Charlotte's Web Board to six.

https://www.prnewswire.com/news-releases/charlottes-web-appoints-jonathan-p-atwood-to-its-board-of-directors-301772142.html