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Marijuana stocks dropped in midday trading Wednesday. As of noon EDT, shares of Aurora Cannabis (NYSE: ACB) were trading 4% lower, OrganiGram Holdings (NASDAQ: OGI) was down 4.3%, and Charlotte's Web (OTC: CWBHF) was off 4%. And Charlotte's Web may be to blame f...
Are These Marijuana Penny Stocks On Your Watch List Right Now? It’s become a well-known fact that marijuana penny stocks have received the brunt of the market sell-off in 2020. That makes sense considering so many were already catching a beat down that really began last y...
Two days after Wednesday's vice presidential debate, marijuana stocks are on a tear -- and that's no coincidence. For the second day in a row, shares of Canopy Growth (NYSE: CGC) -- already the biggest marijuana stock on the block at a $6.6 billion market cap -- are up. In 1...
Several cannabis stocks were flying higher on Thursday. Aphria (NASDAQ: APHA) had the biggest gains, with its shares up 8.8% as of 11:41 a.m. EDT. OrganiGram 's (NASDAQ: OGI) shares jumped 7.1%. It wasn't just Canadian cannabis stocks that enjoyed solid gains, though. Sh...
Cannabis technology company Akerna (Nasdaq: KERN) reported that cannabis sales over the Labor Day weekend exceeded a quarter billion dollars, however, the increase was lower than previous years. The lack of big holiday sales could be attributed to bigger sales in August meaning consumers aren...
The dismal CBD market is no better reflected than the dismal Q2 results of Charlotte's Web Holdings ( CWBHF ). Despite an acquisition completed in the quarter, the company still can't generate revenues beyond late 2018 levels. My investment thesis remains bullish on the stock as the COVI...
Charlotte's Web Holdings, Inc. (CWBHF) Q2 2020 Earnings Conference Call September 14, 2020 08:30 AM ET Company Participants Cory Pala - Director of Investor Relations Deanie Elsner - Chief Executive Officer Russ Hammer - Chief Financial Officer Conference Call Participants ...
Charlotte’s Web Holdings, Inc. (OTCQX: CWBHF) reported that revenue fell from revenue $25 million in the 2019 second quarter to $21.6 million for the second quarter ending June 30, 2020. The company missed the average estimate for revenues, which was $25.9 million according to...
Charlotte's Web Holdings ( OTCQX:CWBHF ) : Q2 GAAP EPS of -$0.13 misses by $0.09 . Revenue of $21.6M (-13.6% Y/Y) misses by $3.28M . DTC eCommerce sales increased 33.6% y/y and contributed 71.8% of Q2 revenue. $99.8M cash and $155.0M working capital on June 30, 2020. Press Releas...
Charlotte's Web Holdings Reports Q2-2020 Results Canada NewsWire BOULDER, Colo., Sept. 14, 2020 ecommerce growth of 33.6% largely offsets declines in retail sales due to COVID-19 BOULDER, Colo. , Sept. 14, 2020 /CNW/ - (TSX: CWEB) (OTCQX: CWBHF), Charlotte's Web ...
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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...