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Hemp-based CBD was fast marching towards total dominance over all facets of modern life. It was offered in body creams and ice creams, in soft drinks and alcoholic beverages, in human food and pet treats. Against its untamable march, the CBD narrative was one of looming disruption. Most notabl...
While COVID-19 has been destructive, some industries are emerging unscathed. For example, demand for CBD products has remained explosive. In fact, a survey from the Brightfield Group says up to 40% of consumers plan to use CBD far more frequently because of COVID-19, with 15% planning to us...
Charlotte's Web (OTC: CWBHF) released its fourth quarter and year-end results on March 24. The company finished the year with revenue of $94.6 million, which was up more than 36% from the $69.5 million it reported in 2018. Charlotte's Web also reported a loss of $15.6 million in 2019 compare...
There is no doubt that it is a difficult time to be a marijuana stock investor . But, with good times, there will always be the inevitable downturns. After a few weeks of massive declines across the marijuana market, the last week of March proved to be quite positive for the cannabis industr...
Analysts see the active M&A activity in the CBD market as a great strategy of growing market sales and extending market cap. As the market matures and grows, larger firms will benefit from the consolidation. For example, the move by Charlotte’s Web (NASDAQ: CWBHF) , marketer of h...
Todd Davis, CEO and Chairman of CBD Unlimited, Inc. (OTC PINK: EDXC ) described 2020 in the CBD industry as a ‘shakeout year’ predicting the strength of stronger CBD companies in the competitive landscape for survival. In a recent interview at Nasdaq MarketSite in Times Square...
The CBD industry’s red-hot M&A activity within the past two months has seen several companies acquired, but none is more intriguing than the move by mainstream firm Colgate Palmolive (NYSE: CL) to acquire Hello Products and its line of oral hygiene products — CBD-infused ...
Drawing from the ranks of the consumer goods sector, cannabidiol (CBD) specialist Charlotte's Web Holdings (OTC: CWBHF) announced it has hired a new COO. He is David Panter, and his appointment was effective immediately. Panter was most recently employed at Estee Lauder , where he man...
Charlotte's Web Names David Panter as Chief Operating Officer Canada NewsWire BOULDER, CO, March 30, 2020 Market Leading Hemp-Derived CBD Brand Enters into Next Phase of Growth and Expansion BOULDER, CO , March 30, 2020 /CNW/ - (TSX: CWEB, OTCQX: CWBHF) Charlotte's ...
It's a scary time to be an investor. Due to fears surrounding the COVID-19 pandemic, the stock market has been hammered over the past few weeks. On March 11, the Dow Jones slid by 5.9% and closed more than 20% down from its most recent all-time high, thus officially entering bear market territor...
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Charlotte's Web 2024 Second Quarter Earnings Call and Webcast Notice Canada NewsWire LOUISVILLE, Colo. , July 25, 2024 /CNW/ - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc. (" Charlotte ' s Web " or the " Company ") the market leader i...
Charlotte's Web Debuts at Walmart with New CBD Topical Collection Canada NewsWire Expands retail reach by more than 800 Walmart locations LOUISVILLE, Colo. , June 26, 2024 /CNW/ - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc. (" Charlotte's We...
Charlotte's Web Appoints Erika Lind as Chief Financial Officer Canada NewsWire LOUISVILLE, Colo. , June 18, 2024 /CNW/ - (TSX: CWEB) (OTCQX: CWBHF) Charlotte's Web Holdings, Inc. ("Charlotte's Web" or the "Company"), the leading provider of hemp-derived CBD welln...