Welcome to our Cannabis Earnings series where we break down the latest earnings to help you focus on the most important topics.
Introduction
Charlotte's Web (OTCQX:CWBHF) reported disappointed 2020 Q1 results that showed persistent headwinds facing the company. As the CBD market becomes crowded and saturated, CWEB is struggling to return to its growth path. We are turning cautious on the stock and will remain neutral until there is a clear sign of growth rekindling in the company.
(All amounts in USD)
2020 Q1 Review
Charlotte's Web reported 2020 Q1 results that depicted