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Charlotte's Web Holdings, Inc. (CWEB.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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0.8000+0.0400 (+5.26%)
At close: 03:57PM EDT

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  • S
    Sachin
    Insiders absolutely need to purchase shares now to boost confidence for new/existing shareholders. This is needed. If they talk about no.1 brand, no1 company and future looks great to them, then why not buy some shares at these prices? ???
  • C
    CaGent
    There was a line in the Financial Review that really made me gasp describing the decrease in net revenue to #18.9M, a decrease of 21.8% over the comparable period last year. It said, "The decrease was primarily due to lower comparable customer shipments, consumer shift to lower priced formats, a return reserve as well as lower comparable online traffic." Consumer shift to lower priced formats is a big problem.
  • G
    Grisly
    Many companys selling through quick shops and vape shops have CBD extracted with Delta-8 laced with ascetic acid and other chemicals to give you a quick high. This is causing pernament brain damage.
  • K
    Kaotic
    Hong Kong is planning a complete ban of CBD to join with mainland China. So much for Charlotte Web’s inroads there. All for nought. This along with the company stating sales in Canada are a year behind schedule and won’t start until early next year at the earliest leaves growth potential in the near term bleak. I am still very bullish on the company in the long term as I think regulation will come next year in the new farm bill, but I just don’t see revenues improving much until then. Looking at online traffic trends, etc., it just doesn’t seem like they are making progress.

    https://www.bangkokpost.com/business/2367200/hong-kongs-ban-on-cbd-products-leaves-companies-facing-ruin
  • G
    Grisly
    If they report a bad quarter, I will need more CBD for my anxiety.
  • K
    Kaotic
    I’m out. Barring any significant news I can’t see this not testing all time lows. Lowest revenue in years and it wasn’t even during the historically weak Q1. I’ll buy back in around 0.40. That being said, it’ll probably pop to a buck tomorrow just because.
  • M
    Marc
    I think we will see the stock errode further as the week goes. that has been the trend the last few years. people aren't buying the product. not what CW is doing its what they are selling that seems to be the problem.
  • G
    Grisly
    CWBHF is a proven safe product and moves a litter slower so they and get certifications on all their products this makes them the best on the market and in the end they will be the leaders.
  • m
    mica
    For those who own only Charlotte for their CBD exposure , why not add Ycbd as no debt and trades 0.8x sales vs 1.25x for charlotte web and both balance sheets about the same , although Ycbd has better cash relative to its cash burn , can last another 9-12 mths vs 3-6 mths for Charlotte ....
  • m
    mica
    Ycbd down 10% today at 0.51 on no news , was at a high of 0.89 yesterday on huge volume if you can believe it
    ER tomorrow
    great place to buy here at 0.5 support ! load up
  • K
    Kaotic
    2 more trading days until earnings. I’m thinking we come in around 22 million sales, cash flow positive and flat EBITDA.
  • F
    ForkInWorldofSoup
    Relax.

    Price to sales is basically 1.0.

    Sure, the revenue trend is a mess, but CW has a well-connected CEO who is making requisite changes to the company’s strategy.

    I’m not an insider, but the recent marketing contract suggests to me that an internal battle over CW’s historical message is actually evolving if not resolved.

    What’s required at this point is patience, a polite sense of urgency and good luck.
  • j
    john w
    No sell off (yet)

    Let’s wait and here if any quidance or more words and prayers lol
  • G
    GEP
    CW will be out of business in the next year. Hope is not a sustainable business model.
  • K
    Kaotic
    CBD substantially reduces chronic anxiety in teens and young adults.
    https://www.benzinga.com/amp/content/28338840
  • K
    Kaotic
    I’m shocked this isn’t trading down around .50 yet. Holding up surprisingly well so far.
  • S
    Sachin
    Charlotte's Web Engages Hanson Faso Sales and Marketing, Inc. for the Central United States.
    This tells the story i guess why sell off will not happen..
  • j
    john w
    200k shares is high volume in 90 minutes relative to its day average

    But yes not a big dollar commitment
  • c
    chris
    If you saw cgc report cbd sales dropped 65%
    Charlotte report will be brutal