Replies to post #24828 on Can B Corp (CANB)

[sleekscape]

CANB has been trading sideways on very low volume for the past week or so

http://schrts.co/kpznDpFn

The market is obviously waiting on Q4 2019 results

The Q4 revenues are being reported with the 10-k, which is due by 3/31 — that’s now 4 trading days away

CVSI and Charlotte’s Web have already reported their Q4 2019 revenues

CVSI reported Q4 2019 revenues were -34% compared to Q4 2018

CVSI reported an operating loss of -$17M for 2019

CVSI reported annual revenue growth from 2018 to 2019 of only 11%

Charlotte’s Web reported Q4 2019 revenues were +6% compared to Q4 2018

Charlotte’s Web reported annual revenue growth from 2018 to 2019 of only 36%

Charlotte’s Web reported a net loss in Q4 of -$19M

Despite these very disappointing numbers, both stocks have moved upwards off their bottoms

So if CANB can show continued excellent year-over-year revenue growth, which we already know we will see based on Q1, Q2 and Q3 2019 revenues, it will be interesting to see how the market responds


Sleek