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The cannibidiol, or CBD, space has been hit by an abundance of competition while the U.S. Federal Drug Administration has raised regulatory questions for the sector. Charlotte's Web Holdings (CWBHF) has made some aggressive moves in the tough environment to end up a stronger company when the economic environment is substantially better. My investment thesis wanted investors to wait for this very situation to load up on the U.S. CBD leader.
Image Source: CWH website
Weak Q4 Numbers
For Q4, CWH reported some disappointing numbers. Sales were only $22.8 million and missed