Replies to post #15460 on Charlotte's Web Holdings Inc (CWBHF)

[Gladys Thong]

That's not even close to "True"

Here's what WAS stated in Charlotte's Web's Q1 2020 Earnings Report:

The Company used $14.9 million of cash in operations during Q1-2020 . . . The reduction in cash flows primarily reflects the investment in construction of the Company's new 137,000 sq. ft. production and fulfillment centre to support anticipated growth.

and

"We are modelling for revenue growth of 10% to 20% in 2020 and a return to positive adjusted EBITDA by the end of the year," explained Russ Hammer, Chief Financial Officer of Charlotte's Web. "As our new facilities come online later in the year, we expect to harness cost savings through our vertically integrated supply chain to support meaningful increases in adjusted EBITDA, and then continue to leverage against higher revenue as we enter 2021 and 2022."

During these challenging regulatory times, perhaps the concept of "CAPITAL INVESTMENT" is difficult to comprehend for a shareholder in a company such as CV Sciences (CVSI), with a rapidly declining revenue stream, when compared to Charlotte's Web (CWBHF).

 
              REVENUES 
       CVSI    CWBHF  CVSI/CWBHF 
        $M      $M 
  
 2018 
      
 Q2    12.3     17.2     72% 
 Q3    13.6     17.7     77% 
 Q4    14.2     21.5     66% 
  
 2019 
  
 Q1    14.9     21.7     69% 
 Q2    16.9     25.0     68% 
 Q3    12.6     25.1     50% 
 Q4     9.4     22.8     41% 
  
 2020 
  
 Q1     8.3     21.5     39% 
 

I look forward to adding the Q2 2020 line. LOL.

[MaxwellE]

CW burning 1 MM per day is not just painful, it's friggin' obscene. The "Stonely Bros" are spending to much time sampling of their product...M