Charlotte’s Web stock is trading lower in Wednesday’s session after Charlotte’s Web Holdings (CSE:CWEB) (OTCQX:CWBHF) reported in-line Q1 earnings.
Boulder, Colorado-based hemp producer Charlotte’s Web Holdings released its Q1 earnings, and in a significant development, the company has managed to meet the projections for its earnings that it had announced last month.
However, it is important to note that Charlotte’s Web failed to meet analyst estimates for the bottom line and top line. The company has also stated that the full-year outlook remains as indicated earlier.
Revenue Jumps 66%Charlotte’s Web reported ...
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