Replies to post #484 on Charlotte's Web Holdings Inc (CWBHF)

[PBGoodwill]

With the prestige and unique position this company has I would not be surprised to see it on a bigger market. It might go to QB/QX first?

[trademax42]

$50 may be a conservative estimate and may not take two years to attain, imho.

Here are the reasons:

Look at hemp production figures by Charlotte's Web.

2017 hemp production = 63,000 (PBS)

2018 estimated hemp production = 250,000 to 350,000 (PBS)

Hence 2018 hemp production = At least 4 X 2017 hemp production figures.

https://www.cwhemp.com/skin/frontend/cwhemp/default/files/CW_Factsheet.pdf

Revenues 2017 = $40 million.

Revenues 2019 and beyond? If I pro-rate the revenues on the basis of hemp production, revenues could be in excess of $150 million. Of course we don't know the exact figure at this time. Market is normally forward looking, assigns valuations based on fundamentals going forward.

Also to note, the company had cash $10.8 million before the IPO. After the IPO I would venture to guess the cash may have exceeded $100 million roughly. If they use the money for accretive acquisitions/merger, this will increase top line and bottom line figures.

The company is also planning on increasing the distribution channels going forward.

If Farm Bill 2018 passes, the CBD market is forecast to be $22 billion by 2022 according to this link.

https://www.rollingstone.com/culture/culture-news/new-study-cbd-market-22-billion-2022-722852/

CWBHF has become a well recognized brand after airing of the CNN coverage of the Charlotte's Web. The brand and the quality of the products are well established.

Can it be the # 1 company with most revenues in 1 to 2 year's time? Potentials are there, We've to wait and see.

This will be a $50 stock or better within 2 years or less.

$CWBHF$

Disclosure: This is just my opinion, not intended for investment advice. I'm often wrong in my opinion, so take it for what it's worth. Do your own DD before trading/investing.