CWBHF - Charlotte's Web Holdings, Inc.

Other OTC - Other OTC Delayed Price. Currency in USD
20.35
-0.10 (-0.49%)
As of 11:53AM EDT. Market open.
Stock chart is not supported by your current browser
Previous Close20.45
Open21.00
Bid0.00 x 0
Ask0.00 x 0
Day's Range20.25 - 21.18
52 Week Range8.13 - 25.25
Volume103,637
Avg. Volume345,928
Market Cap1.902B
Beta (3Y Monthly)N/A
PE Ratio (TTM)169.58
EPS (TTM)0.12
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est24.02
Trade prices are not sourced from all markets
  • How Cannabis Companies’ Upside Potential Stacks Up
    Market Realist6 days ago

    How Cannabis Companies’ Upside Potential Stacks Up

    Why Did Cannabis Stocks Fall on April 15?(Continued from Prior Part)Cannabis stocks Cannabis stocks were deep in the red on April 15. The sector is known for high volatility. Stocks in the cannabis space are more volatile compared to broader

  • Why Did Cannabis Stocks Fall on April 15?
    Market Realist6 days ago

    Why Did Cannabis Stocks Fall on April 15?

    Why Did Cannabis Stocks Fall on April 15?Cannabis stocksCannabis stocks were broadly in the red on April 15. Charlotte’s Web Holdings (CWBHF) saw a negative price action of 5.8%. Looking at other stocks, Emerald Health Therapeutics (EMH), Supreme

  • The Best Small-Cap Cannabis Stock to Buy in April
    Motley Fool10 days ago

    The Best Small-Cap Cannabis Stock to Buy in April

    Here's how to profit from the CBD craze.

  • CNW Group12 days ago

    Charlotte's Web Holdings, Inc. Files Final Base Shelf Prospectus

    BOULDER, CO , April 10, 2019 /CNW/ - (CSE:CWEB, OTCQX:CWBHF) Charlotte's Web Holdings, Inc. ("Charlotte's Web", or the "Company") the market share leader in hemp-derived CBD extract products, has filed a final short form base shelf prospectus with the securities regulatory authorities in each of the provinces of Canada , other than the Province of Quebec . The base shelf prospectus allows the Company and certain of its security holders to qualify the distribution by way of prospectus in Canada of up to $500,000,000 of common shares, preferred shares, warrants, subscription receipts, units, or any combination thereof, during the 25-month period that the base shelf prospectus is effective.

  • This Marijuana Stock Has a Clear Path to Uplist to the Nasdaq or NYSE
    Motley Fool12 days ago

    This Marijuana Stock Has a Clear Path to Uplist to the Nasdaq or NYSE

    The Farm Bill's passage should allow this $2 billion pot stock to move to a more reputable U.S. exchange.

  • GlobeNewswire14 days ago

    CBD Makes its Own Odds: Large-Scale Distributor Plans + Positive CBD Financials Bolster Market Despite Regulatory Issues

    POINT ROBERTS, Wash. and DELTA, British Columbia, April 08, 2019 -- Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases a market.

  • How Medical Marijuana Stocks Performed on April 4
    Market Realist17 days ago

    How Medical Marijuana Stocks Performed on April 4

    How Medical Marijuana Stocks Performed on April 4(Continued from Prior Part)Medical marijuana stocks The cannabis sector saw some weakness on April 4. The ETFMG Alternate Harvest ETF (MJ) saw a negative price action of 0.11%. Charlotte’s Web

  • Charlotte’s Web Holdings Fell amid Weakness in Cannabis Stocks
    Market Realist17 days ago

    Charlotte’s Web Holdings Fell amid Weakness in Cannabis Stocks

    How Medical Marijuana Stocks Performed on April 4Charlotte’s Web Holdings Charlotte’s Web Holdings (CWBHF) saw a negative price action of 8.7% on April 4. The stock rose 75% in the first quarter. On April 4, we saw some weakness in the cannabis

  • 10 Best Stocks for 2019: The Race Is On
    InvestorPlace18 days ago

    10 Best Stocks for 2019: The Race Is On

    We've reached the end of the first quarter, and the theme for the Best Stocks contest seems to be unpredictability. Pot stocks were hot, value stocks were not. The headlines changed from week to week, and even beat-and-raise earnings weren't always enough to propel a stock forward.All of this has meant a good deal of shuffling among the contestants over the first three months, and one stock getting out to an astounding lead by the end of March. Which one? Well, read on and find out.The Best Stocks contest entries are listed below in ascending order of gains as of the end of trading on March 29. Those gains include the dividends, where applicable. And if you want to keep up-to-date on the contest between these quarterly updates, feel free to follow along at our Best Stocks for 2019 leaderboard, which is regularly updated so you can see who's rising and who's falling.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Best ETFs for 2019: A Close Race at the Front But now, without further ado, on to the contestants. Syrah Resources (SYAAF)Investor: Eric Fry Year-to-Date Change Through Q1: -28%Syrah Resources Ltd. (OTCMKTS:SYAAF) is an all-or-nothing sort of stock pick for a contest like this. SYAAF is set up for long-term growth thanks to the ubiquity of graphite -- the main focus of this Australian company.Graphite is used in a whole lot of the batteries that are going to power our future, including those for electric vehicles. But the company is also a one-mine operation and that mine is in Mozambique, meaning that in the short term, it can have more than its share of volatility.And that volatility has hit hard to the downside so far in 2019, with disappointing earnings sending the stock tumbling.That doesn't have to define the whole year for SYAAF, but the company must show serious improvement to win back investors' trust. As Fry wrote, "Previously, Syrah had forecast that it would produce positive cash flow from its operations by the back half of 2019. But words are cheap. The company must deliver on that forecast if it expects to retain the trust and interest of shareholders."Read more about SYAAF from Fry here. LyondellBasell (LYB)Source: Via LyondellBasellInvestor: Charles Sizemore YTD Change: 2%LyondellBasell Industries (NYSE:LYB) is a value stock, and this set of market circumstances just aren't being kind to value stocks. People are riding the continued strength on the back of growth stocks instead. But that doesn't mean LYB stock is a bad security to be invested in. It just means that it's poised for a shift in sentiment.Now, will that happen in time to help with this year's Best Stocks contest? As Sizemore points out, there are no guarantees. "While I believe that value stocks are 'due' for an extended period of outperformance, I could have made the same argument at any time over the past several years, and I'd still be waiting for the reversal," he wrote. * 10 Stocks That Every 30-Year-Old Should Buy and Hold Forever But even if it just keeps up modest growth, there's still LYB stock's 4.4% dividend yield to keep in the back of your mind -- or put in your back pocket. And if sentiment turns back to value stocks, LYB could be in for a massive surge.Read more about LYB from Sizemore here. Weibo (WB)Source: Shutterstock Investor: Kyle WoodleyYTD Change: 6%The thesis behind picking Weibo (NASDAQ:WB) for the 2019 Best Stocks contest was simple -- good Chinese stocks took a beating in 2018 thanks to the U.S.-China trade war, and that made companies like Weibo excellent rebound candidates. As Woodley wrote, "A quick refresher: Weibo shares hemorrhaged 43.5% in 2018 -- a year in which the company also grew revenues by 49% year-over-year and net income by 54% year-over-year."It's a sound thesis, but one that hasn't yet borne fruit in the first quarter. Part of that has to do with the still-fraught relationship between China and the U.S. And both Weibo and Sina (NASDAQ:SINA), which owns about 46% of WB stock, posted earnings beats in March, but both of the stocks fell hard after earnings, with Weibo off over 10% at one point that day.Why? As Woodley pointed out, "If you're going to pick Weibo apart on anything -- and investors certainly did, considering the sharp selloff after its Q4 report -- it might be the company's revenue forecast. WB is looking for Q1 sales growth of 20.5% to 23.5%, which doesn't sound like much compared to Q1 2018's 76% jump in revenues."But … that was really it. WB stock still looks strong, it just needs a nudge to start growing again.Read more about WB from Woodley here. Canada Goose (GOOS)Source: Shutterstock Investor: Will Ashworth YTD Change: 10%Canada Goose (NYSE:GOOS) was flying pretty high at one point in this quarter, before a downgrade from Wells Fargo shot it down."The company itself continues to do well heading into 2019's second quarter. GOOS stock was doing fine through the end of February, trading above $57, putting my pick solidly in third place in InvestorPlace's 2019 stock picking contest," Ashworth wrote. "But oh, what a difference a month can make." * 10 Medical Marijuana Stocks to Cure Your Portfolio But things haven't completely soured for Canada Goose. It's still a sought-after brand name and its most recent earnings were a double beat and raise. GOOS stock still has plenty to offer investors in 2019.Read more about GOOS from Ashworth here. Teladoc (TDOC)Source: MayApps207 via WikiMedia Investor: Jason Moser YTD Change: 12%Virtual healthcare company Teladoc Health (NYSE:TDOC) really charged into 2019.The TDOC stock price stumbled a bit after earnings in February. It wasn't the hard numbers that were a problem for investors -- they just weren't too keen on the guidance, which was below analyst expectations.But things are still looking up for Teladoc, as the trend is going its way. As Moser points out:"Virtual healthcare and telemedicine are happening; it's no longer a matter of if but when, and Teladoc has done a lot to grow and diversify the business in a relatively short amount of time. One could also say that this business played an integral role in actually helping shape the legislation that is allowing virtual healthcare to become a part of the global healthcare landscape."And with Medicare Advantage 2020 set to add tens of millions of new potential clients to its rolls, there's still plenty of room for TDOC stock to run even higher.Read more about TDOC from Moser here. Adobe (ADBE)Source: Shutterstock Investors: John Jagerson and Wade Hansen YTD Change: 18%Adobe (NASDAQ:ADBE) has been hanging around in the top half of the Best Stocks contest so far this year, but that has translated to more-than-acceptable gains of 18% for the quarter.Adobe has made the sort of tech shift that companies like Microsoft (NASDAQ:MSFT) have also been making -- the shift to a subscription model instead of a plain sales model for some of its most popular software.As Jagerson and Hansen put it, "One of the important benefits of ADBE's shift into services, subscription and cloud products over the last few years has been an improvement in margins. This is particularly critical right now as investors prepare for poor first-quarter earnings reports from the components of the S&P 500." * 7 A-Rated Healthcare Stocks for Industry Expansion All in all, the Best Stocks for 2019 contest is far from over for ADBE stock.Read more about Adobe from Jagerson and Hansen here. Amazon (AMZN)Source: C_osett via FlickrInvestor: Readers' Choice YTD Change: 19%Amazon (NASDAQ:AMZN) continues to have a strong showing, and no wonder. While plenty of people, up to and including President Donald Trump, have taken aim at Amazon, it seems to shrug off every salvo with a deftness that most other massive companies envy. And while they waste their time on those antics, Amazon just keeps on trying new things, bolstering the things that work, and generally being the elephant in any number of rooms.But for Amazon to really challenge for the lead in the Best Stocks contest, it will probably need for one of its new or burgeoning business ideas to really take off. If it could take off like AWS has, that would be a game-changer, but that sort of massive success is extremely hard to come by.Still, Amazon has a lot going for it and keeps trying new things, which means that a success big enough to move the needle is certainly possible.Read more about AMZN here. Viper Energy Partners (VNOM)Source: SMelindo via Flickr (Modified)Investor: Neil George YTD Change: 32%Oil prices have been undergoing a steady rise through most of the year so far (and even more so since the market bottom on Dec. 24, 2018), and Viper Energy Partners (NASDAQ:VNOM) has benefited significantly from that growth.Whether or not oil prices continue their growth will control how well VNOM continues to perform to some extent, but it's not the only factor. The company is in a different position than many of its oil sector peers. As George wrote, "Viper Energy is the leading landlord of the petroleum patch primarily in the Permian Basin which is at the center of the shale oil development in the U.S. market. As a landlord, the company doesn't drill or operate a single well -- but instead, leases out its land for exploration and development companies (E&P) for fee income and royalties on the oil and gas that gets pumped out of its land." * 5 Cybersecurity Stocks to Watch As the Trend Heats Up So VNOM stock is set up to profit even if OPEC increases their oil flow. That means the company is probably going to be in the running for the Best Stocks title all year.Read more about VNOM from George here. Lululemon (LULU)Source: Shutterstock Investor: Louis Navellier YTD Change: 35%Lululemon Athletica (NASDAQ:LULU) has been one of the primary beneficiaries of the athleisure trend, but that is only the tip of the iceberg when looking at why it has surged so strongly through the first quarter.A feature LULU shares with tech titan Apple (NASDAQ:AAPL) is how both companies are able to charge premium prices for their goods, a move which can only help with the financials. And the financials for Lululemon are great. Looking at the earnings reports can lead you to another of the spectacular reasons LULU is surging.As Navellier puts it, "Lululemon's same-store sales for the past fiscal year were up a staggering 16%. Usually, high single-digit growth is impressive."A membership program. Brand loyalty. Pricing power. Any investor looking for reasons to get into Lululemon can find a full plate of them, and LULU stock seems poised to keep flexing through the rest of the Best Stocks contest.Read more about LULU from Navellier here. Charlotte's Web Holdings (CWBHF)Source: Shutterstock Investor: Matt McCall YTD Change: 81%CBD stock Charlotte's Web Holdings Inc (OTCMKTS:CWBHF) took the top spot in the first quarter of our 2019 Best Stocks contest.There are plenty of reasons for this. Marijuana companies have been hot lately, for a start. Charlotte's Web has a great story and a leadership position in the CBD sector. According to McCall, "It produces and distributes CBD wellness products to nearly 3,700 retail locations. It sells everything from tinctures to topicals to capsules, both online and in stores. It also has a line of pet-focused products, which is a niche area that is booming right now."And with the Farm Bill making changes to the federal legality of hemp, that sector could be expanding.And earnings recently put a bow on this pretty package. As McCall wrote, "Fourth-quarter 2018 results were released after the close on March 28 and marked the 12th consecutive quarter of revenue growth for the company. The top line came in at $21.5 million, up 71% from one year earlier and 21% from the third quarter. Both figures are extremely impressive." * 5 Low-Priced Tech Stocks With Great Potential It looks like more good things could be ahead for CWBHF, and if the trend continues, it could take the 2019 Best Stocks title going away.Read more about CWBHF from McCall here.Jessica Loder is an assistant editor for InvestorPlace.com. As of this writing, she did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Low-Priced Tech Stocks With Great Potential * 9 Stocks That Would Be Hurt By a Mexico/U.S. Border Closure * The Era of Car Ownership Is Over. And These 4 Charts Prove It Compare Brokers The post 10 Best Stocks for 2019: The Race Is On appeared first on InvestorPlace.

  • ACCESSWIRE18 days ago

    Four Marijuana Stocks Looking To Test April Highs on Thursday

    CORAL GABLES, FL / ACCESSWIRE / April 4, 2019 / When speaking about the marijuana stock market, one cannot help but bring into the conversation the importance of companies with ancillary functions in the cannabis sector. ParcelPal Technology Inc (PTNYF) (PKG), Innovative Industrial Properties Inc (IIPR), Charlotte's Web Holding Corp (CWBHF), and Cronos Group Inc (NASDAQ: CRON, TSX: CRON) are 4 pot stocks heating things up on Thursday. ParcelPal Technology Inc (PTNYF) (PKG) today announced that the Company will be hosting an investor update conference call on May 17th, 2019 for the purpose of reviewing the Company's recent progress as well as provide investors with plans for the future.

  • 3 Reasons This Marijuana Stock Stands Out From the Pack
    InvestorPlace18 days ago

    3 Reasons This Marijuana Stock Stands Out From the Pack

    Investing in the marijuana industry has been a rollercoaster ride over the past five years, but one thing has become abundantly clear- the sector is here to stay. As legalization sweeps across the globe, investors are looking to pick out winners that will deliver long-term growth in the pot space. Of course, it's difficult to know for certain which marijuana players will shake out on top, but there's one marijuana stock that stands out above the rest: Charlotte's Web Holdings (OTCMKTS:CWBHF). Source: Shutterstock With a P/E ratio above 200 and industry uncertainty still looming, CWBHF still carries a degree of risk. However, for a pure play in the pot industry, Charlotte's Web stock is surprisingly safe.Plus, the firm has a huge growth runway and a lot of clout in the marketplace. Here's a look at three reasons CWBHF stands out from the pack of marijuana stocks.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Legal ProductsLegalization has been a boon for marijuana growers and distributors alike, but the fact remains that marijuana is still illegal at a federal level. While most expect that to change eventually, it's unlikely to be a fast process. This hangs over the weed industry like a dark cloud. Fortunately, the weather is a bit better for companies like CWBHF, whose products are completely legal across the U.S. * 7 Reasons Americans Should Embrace Socialism Unlike many marijuana stocks, Charlotte's Web only markets hemp-based products, which means the firm is able to sell them anywhere. At the end of 2018, the firm said it sold its products in 3,680 retail locations and that figure is seen rising in the year to come. Last year President Trump's passage of the Farm Bill made hemp and hemp-based CBD products legal, which should help CWBHF's reach across the US. Early LeadAnother big reason investors should consider CWBHF is the firm's clout within the therapeutic CBD market. The brand got its name by creating cannabis oil to treat a little girl named Charlotte who was suffering from seizures. While Charlotte's Web CBD didn't cure the little girl, it did make a dramatic improvement in her condition which has created a significant demand for CWBHF products. The strain produced by Charlotte's Web offers a great deal of therapeutic CBD with very little THC, a highly sought after combination. That kind of clout is important, but even more so is the fact that CWBHF has held on to its seeds -- meaning patients can only get the kind of results Charlotte did by using CWBHF products. That has given Charlotte's Wb pricing power that most other cannabis companies simply don't have. People are willing to pay a premium for CWBHF products and that's something investors should value. CWBHF Is a Conservative Play -- For a Marijuana StockInvesting in the marijuana industry is inherently risky because of the sector's newness, but CWBHF is about as safe as you can get while still holding a pure-play. Not only does the firm sell products already considered legal by the U.S. government, but it's finances are impressive for such a high-growth company.CWBHF is one of the only marijuana companies that has been able to report a true operating profit that hasn't been helped by adjustments or one-time benefits. Sales growth has been phenomenal, with the firm reporting fourth quarter sales up 71% from the previous user and 21% from Q3. Revenue growth in the fourth quarter was also impressive -- up 75% from the year-ago quarter.On top of the firm's profitability and impressive growth, it holds very little debt. CWBHF's debt to equity ratio is just 0.10. That's another rarity in the marijuana industry where companies are fueling growth on borrowed funds. The Bottom Line for Charlotte's Web StockThe cannabis industry can be a minefield when it comes to picking marijuana stocks that will emerge as winners in a quickly growing industry. * 7 Biometric Stocks to Watch as AI Rises However, Charlotte's Web appears to be head and shoulders above the rest of the pack which makes it a good option for investors wanting to add the industry to their portfolios. Plus, CWBHF is one of the most conservative pure-plays out there, so it's a good way to dip a toe into the marijuana industry without taking on too much risk. As of this writing, Laura Hoy did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Low-Priced Tech Stocks With Great Potential * 9 Stocks That Would Be Hurt By a Mexico/U.S. Border Closure * The Era of Car Ownership Is Over. And These 4 Charts Prove It Compare Brokers The post 3 Reasons This Marijuana Stock Stands Out From the Pack appeared first on InvestorPlace.

  • Analysts Love Charlotte’s Web Holdings despite Q4 Earnings Miss
    Market Realist20 days ago

    Analysts Love Charlotte’s Web Holdings despite Q4 Earnings Miss

    Charlotte’s Web Holdings Continues Its Good Run after Strong Q1(Continued from Prior Part)AnalystsCharlotte’s Web Holdings (CWBHF) released its fourth-quarter earnings last week and missed analysts’ estimates for both its top line as well as

  • Charlotte’s Web Holdings Continues Its Good Run after Strong Q1
    Market Realist20 days ago

    Charlotte’s Web Holdings Continues Its Good Run after Strong Q1

    Charlotte’s Web Holdings Continues Its Good Run after Strong Q1Charlotte’s Web Holdings Charlotte’s Web Holdings (CWBHF) rose 75% in the first quarter. The stock was strong in March also even as cannabis stocks (HMMJ) in general came under

  • Can Marijuana Stock Charlotte’s Web (CWBHF) Go Even Higher?
    SmarterAnalyst21 days ago

    Can Marijuana Stock Charlotte’s Web (CWBHF) Go Even Higher?

    Charlotte’s Web Holdings (CWBHF) continued a flood of Q4 results for cannabis stocks in the last week. The company is generating substantial growth from a widely recognized CBD brand in the American market where hemp production is suddenly legal at the Federal level, pushing the stock to new highs near $21.Excellent ResultsWhile the Canadian cannabis companies rushed into legalized adult-use cannabis sales in the last quarter to boost sales, some American industry players have remained more focused on consistent growth in existing end markets. Companies like CWB have expansion plans based on additional states removing restrictions on selling cannabis to consumers.For Q4, the Boulder, CO company generated 71% growth to reach $21.5 million in quarterly revenues and annualized revenues of $86.0 million. Gross margin was an impressive 76% of revenues as CWB is positioned for higher margin CBD products versus selling the basic hemp commodity.CWB grew retail doors by 80% in 2018 to end the year with 3,680 retail doors for their CBD products. The company recently passed 4,000 doors and maybe more impressively, 57% of revenues came from the ecommerce channel removing the company from being reliant on retailers to sell their products.CWB expanded hemp production 10 fold in 2018 to 675,000 pounds providing double the hemp output originally forecast. The company now has plenty of inventory for further growth in 2019 and into 2020. With an inventory balance of about $24.0 million at the end of 2018, CWB has the product for $100.0 million in sales based on Q4 gross margins.Uplist To Major U.S. ExchangeA major catalyst for the stock will be an eventual uplisting of the stock to a major U.S exchange. The company had to list on the Canadian Stock Exchange due to original restrictions on hemp business in the U.S.The recent passing of the 2018 Farm Bill that removed hemp from the Federal CSA list opens the door of a company like CWB to uplist to either the NYSE or Nasdaq. For now though, the company hasn’t announced any specific plans and the stock is already trading at the highs.The stock has a $1.8 billion market cap so CWB isn’t completely under the radar to U.S. investors. The company expects revenues to reach $150 million in 2019. The stock isn’t cheap on traditional P/S multiples, but the market will provide CWB a higher multiple due to its sole focus on CBD wellness products that are likely to maintain higher margins than recreational weed.TakeawayThe key investor takeaway is that Charlotte’s Web has already seen a big pop from the company generating strong results from high-margin CBD products. An uplisting of the stock to a major U.S. exchange is the next catalyst for the stock.  The stock isn’t cheap, but CWB likely heads even higher being a leader in a high-margin product that just became nationally legal.To read more on the nitty gritty of what’s going on in the rising cannabis industry, click here. Disclosure: No position. Disclaimer: The information contained herein is for informational purposes only. Nothing in this article should be taken as a solicitation to purchase or sell securities. Before buying or selling any stock you should do your own research and reach your own conclusion or consult a financial advisor. Investing includes risks, including loss of principal. More recent articles from Smarter Analyst: * Advanced Micro Devices (AMD) Stock Is Back in a Big Way * Cannabis Stock Canopy Growth (CGC) Could Race Above $60, but Caution Is Warranted * Jeff Bezos Is Leading Amazon (AMZN) in the Right Direction * Why Autonomous Could Be a Strong Driver for Nvidia (NVDA) Stock

  • Best Stocks for 2019: Charlotte’s Web Is a King Among Marijuana Stocks
    InvestorPlace21 days ago

    Best Stocks for 2019: Charlotte’s Web Is a King Among Marijuana Stocks

    Editor's note: This article is part of InvestorPlace.com's Best Stocks for 2019 contest. Matt McCall's pick for the contest is Charlotte's Web Holdings Inc (OTCMKTS:CWBHF).Investing in the leader of one of the fastest-growing industries in the world makes for a great opportunity. Investing early is even better.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAccording to Brightfield Group, the hemp-derived CBD market is poised to increase from $591 million in 2018 to $22 billion by 2022. That is nearly 40X growth in four years. I am not aware of any other industry that has that kind of potential.Currently, 29% of the hemp-CBD market's sales come through natural food stores, 24% are online and 23% are derived from smoke shops. By 2022, Brightfield predicts that 64% of sales will be through retail chains like Walmart (NYSE:WMT), Target (NYSE:TGT), CVS Health (NYSE:CVS) and more.Think about that for a moment. Most drug and grocery stores from coast to coast will sell CBD products.Buying the early leader in a booming, up-and-coming industry is a no-brainer. And that's exactly what we're doing with my pick in the Best Stocks for 2019 contest.Charlotte's Web is the world's leading CBD brand by market share. It produces and distributes CBD wellness products to nearly 3,700 retail locations. It sells everything from tinctures to topicals to capsules, both online and in stores. It also has a line of pet-focused products, which is a niche area that is booming right now. * 10 Tech Stocks That Transformed Their Business The company has been a pioneer in the industry since being founded in 2013. Its brand became well known after a CNN documentary aired based on the life of a little girl named Charlotte Figi. Charlotte suffered from up to 300 grand mal seizures per week, but she found treatment -- and almost a cure -- in cannabis oil. The brothers who manufactured the strain went on to found Charlotte's Web.If you're interested in reading more about Charlotte's story, check out my initial recommend here.CBD is headed for the big time after the 2018 Farm Bill became law in late December. The bill legalized hemp in the United States for the first time in more than 80 years. It also made CBD legal, since the compound can be found in hemp as well as cannabis. The groundbreaking legislative decision was long overdue and has created one of the biggest investment opportunities in decades.CWBHF was already a leading global supplier of hemp-derived CBD products before the Farm Bill was passed. Now that the world's largest economy allows for the production, import, export and sale of hemp, the sky is the limit for what this company can do. The Benefits of ExpansionCharlotte's Web has gotten off to a fantastic start in 2019. I don't mean to toot my own horn, but my pick is leading the Best Stocks for 2019 contest -- the shares are up 80% as of March 29.But this is only the beginning for this company.Today, CWBHF has the No. 1 brand market share in the country and is available in 3,680 retail locations. That reach is impressive. However, in a couple of years, I expect that number to multiply several times over as the big chain retailers embrace the industry.We're already starting to see that happen. During the last week of March, both CVS Health and Walgreens (NASDAQ:WBA) announced that they would start selling CBD in several different states. This is a big deal -- especially for Charlotte's Web, as these companies are going to want to partner with the country's largest suppliers.Think about it. Walgreens needs to supply 1,500 locations just to start. That means it will only want to work with suppliers that can handle the demand. And today, there really aren't a lot of suppliers that can do that.Charlotte's Web produced 675,000 pounds of hemp in 2018 on 300 acres of planted land. The company only had 70 acres of planted land in 2017 and 45 acres in 2016. And over 10 times more hemp was produced in 2018 than in the previous year. So if there's one company that's prepared to supply the big chain retailers … it's Charlotte's Web. CWBHF: Digging Into Q4Fourth-quarter 2018 results were released after the close on March 28 and marked the 12th consecutive quarter of revenue growth for the company. The top line came in at $21.5 million, up 71% from one year earlier and 21% from the third quarter. Both figures are extremely impressive.Full-year revenue came in at $69.5 million, up 75% year-over-year. Charlotte's Web ended 2018 with a cash balance of $73.4 million and working capital of $93.4 million. Even more importantly, the company has very little debt.On the conference call, one of the biggest highlights was increased inventory, which means it should have little problem meeting demand. Charlotte's Web's primary focus in 2019 will be on retail expansion. Management said their products are already in major retailers, and there are currently ongoing talks with others. There was also a mention of expansion into Europe and Latin America.When asked what retailers carried the company's products, management named the largest pharmacy company in the United States -- CVS Health. The size of the order wasn't mentioned; however, CVS only has plans to roll out CBD products in 800 locations across eight states. If and when that footprint expands, it would be a major boost to Charlotte's Web's top line.It's also worth noting that the company is initiating clinical trials of its products to help show their efficacy. This is important because as the brand continues to expand its market share, Charlotte's Web will need to have the data to back up its claims.All that said, the biggest takeaway from the conference call was the mention of a potential uplist to multiple major stock exchanges. The stock currently trades on the over-the-counter market in the United States and the Canadian Securities Exchange in Canada. * 7 Materials ETFs to Buy Today Management said they had already begun the process of uplisting to the Toronto Stock Exchange (TSX) in Canada. That will create more liquidity and open the company up to more institutional investors. But in what would be an even bigger move, management also said they were in discussions with both the NASDAQ and New York Stock Exchange (NYSE) in the U.S. An Exciting Year AheadBased on all of the above, 2019 is shaping up to be a very exciting year for the market leader in hemp-CBD. Its market share has increased from 8% in 2016 to 14% in 2017 to 18% in 2018, and if that trend continues, we should start to see a big increase in revenue.Aside from the financial numbers, Charlotte's Web also has several major catalysts in its future that could send share prices much higher. The possibility of uplisting is one. The announcement of a major retail customer is another. Plus, there is continued expansion overseas.The hemp-CBD industry is set to explode 40X in the coming years. Charlotte's Web is at the forefront of that trend. And as I mentioned earlier, buying the early leader in a booming, up-and-coming market is a no-brainer.Matthew McCall is the founder and president of Penn Financial Group, an investment advisory firm, as well as the editor of Investment Opportunities and Early Stage Investor. He has dedicated his career to getting investors into the world's biggest, most revolutionary trends BEFORE anyone else. The power of being "first" gave Matt's readers the chance to bank +2,438% in Stamps.com (STMP), +1,523% in Ulta Beauty (ULTA), +1,044% in Tesla (TSLA), +611% in Liquefied Natural Gas Limited (LNGLY), +324% in Bitcoin Services (BTSC), just to name a few. If you're interested in making triple-digit gains from the world's biggest investment trends BEFORE anyone else, click here to learn more about Matt McCall and his investments strategy today. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 8 Genomic Testing Stocks That Can Ease the Sting of Theranos * 4 Pot Stocks That Could Be Fizzling Out * 7 Mid-Cap Growth Stocks That Could Be the Next Amazon or Netflix Compare Brokers The post Best Stocks for 2019: Charlotte's Web Is a King Among Marijuana Stocks appeared first on InvestorPlace.

  • ACCESSWIRE21 days ago

    Cannabis Industry Continues to Grow: Top Plays - THC Therapeutics, Inc. (THCT)

    HENDERSON, NV / ACCESSWIRE / April 1, 2019 / According to a handful of Wall Street investment firms, the marijuana industry is slated to grow by leaps and bounds over the next decade. The U.S. legal cannabis industry is expected to reach $75 billion in sales by 2030, according to research firm Cowen & Co. That's almost as large as the North American carbonated soft drink market in 2017. Since the beginning of the year, the Horizons Marijuana Life Sciences ETF, which holds about four dozen pot stocks with various weightings, is up around 60%.

  • 3 Best Marijuana Stocks in March: Are They Buys Now?
    Motley Fool22 days ago

    3 Best Marijuana Stocks in March: Are They Buys Now?

    Spring forward in March? These three marijuana stocks did a lot more than that.

  • ACCESSWIRE24 days ago

    Four Marijuana Stocks Looking To Finish Strong On Friday

    CORAL GABLES, FL / ACCESSWIRE / March 29, 2019 / The marijuana stock market has seen a massive influx of investor excitement in the first few months of 2019 as companies in the cannabis sector continue to innovate towards the future. ParcelPal Technology Inc (PTNYF) (PKG),1933 Industries Inc (OTCQX:TGIFF), Charlotte's Web Holdings Inc (CWBHF) (CWEB.CN), and Trulieve Cannabis Corp (OTC PINK: TCNNF) are 4 marijuana stocks that could surpass investor expectations on Friday. ParcelPal Technology Inc (PTNYF) (PKG) is a technology-driven logistics company determined to connect consumers to the goods they love via an easy-to-use, on-demand platform.

  • Charlotte’s Web Holdings Reports Record Harvest in 2018
    Market Realist24 days ago

    Charlotte’s Web Holdings Reports Record Harvest in 2018

    Key Takeaways from Charlotte’s Web Holdings' Q4 Earnings(Continued from Prior Part)Record harvestCharlotte’s Web Holdings (CWBHF) posted a record harvest of 675,000 pounds last year. The company had produced 63,000 pounds of raw hemp in 2017.

  • Key Takeaways from Charlotte’s Web Holdings’ Q4 Earnings
    Market Realist24 days ago

    Key Takeaways from Charlotte’s Web Holdings’ Q4 Earnings

    Key Takeaways from Charlotte’s Web Holdings' Q4 EarningsCharlotte’s Web HoldingsYesterday, Charlotte’s Web Holdings (CWBHF) reported its fourth-quarter earnings after the markets closed. The company was initially scheduled to hold its earnings

  • PR Newswire25 days ago

    Charlotte's Web Holdings, Inc. Reports 2018 Q4 and Year-End Earnings

    Q4 revenue increases 21% QoQ to US$21.5 million Full year revenue grew 74% to US$69.5M with 30% Adjusted EBITDA and US$0.14 EPS BOULDER, CO , March 28, 2019 /PRNewswire/ - Charlotte's Web Holdings, Inc. ...

  • CNW Group25 days ago

    Rescheduled Charlotte's Web Holdings, Inc. Q4 Earnings Call

    Rescheduled Charlotte's Web Holdings, Inc. Q4 Earnings Call

  • What to Expect from Charlotte’s Web Holdings’ Q4 Earnings
    Market Realist27 days ago

    What to Expect from Charlotte’s Web Holdings’ Q4 Earnings

    What to Expect from Charlotte’s Web Holdings' Q4 Earnings(Continued from Prior Part)Charlotte’s Web HoldingsCharlotte’s Web Holdings (CWBHF) is slated to release its fourth-quarter earnings on March 28. The company’s revenues are expected to

  • Charlotte’s Web Holdings Is Outperforming Peers in March
    Market Realist27 days ago

    Charlotte’s Web Holdings Is Outperforming Peers in March

    What to Expect from Charlotte’s Web Holdings' Q4 EarningsCharlotte’s Web Holdings Charlotte’s Web Holdings (CWBHF) is scheduled to release its fourth-quarter earnings on March 28 after markets close. The company plans to hold its earnings call