CWEB.TO - Charlotte's Web Holdings, Inc.

Toronto - Toronto Delayed Price. Currency in CAD
7.82
-0.16 (-2.01%)
As of 11:37AM EST. Market open.
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Previous Close7.98
Open7.97
Bid7.82 x N/A
Ask7.84 x N/A
Day's Range7.80 - 8.00
52 Week Range7.80 - 33.77
Volume128,018
Avg. Volume396,951
Market Cap825.44M
Beta (5Y Monthly)N/A
PE Ratio (TTM)144.81
EPS (TTM)0.05
Earnings DateNov 12, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Charlotte's Web Pet Products Approved for NASC Quality and U.S. Hemp Authority Seals
    PR Newswire

    Charlotte's Web Pet Products Approved for NASC Quality and U.S. Hemp Authority Seals

    Charlotte's Web Holdings, Inc. ("Charlotte's Web" or the "Company") (TSX:CWEB, OTCQX:CWBHF), the market leader in hemp-derived extract products, is pleased to announce that its edible pet supplements have been approved to carry seals of approval from two of the most trusted organizations in their respective industries, the National Animal Supplement Council (NASC), a non-profit group dedicated to protecting and enhancing the health of companion animals throughout the country and the U.S. Hemp Authority™, an organization created for the purpose of helping create standardization and quality across the hemp industry.

  • Charlotte's Web Pet Products Approved for NASC Quality and U.S. Hemp Authority Seals
    CNW Group

    Charlotte's Web Pet Products Approved for NASC Quality and U.S. Hemp Authority Seals

    BOULDER, CO , Feb. 20, 2020 /CNW/ - Charlotte's Web Holdings, Inc. ("Charlotte's Web" or the "Company") (TSX:CWEB, OTCQX:CWBHF), the market leader in hemp-derived extract products, is pleased to announce that its edible pet supplements have been approved to carry seals of approval from two of the most trusted organizations in their respective industries, the National Animal Supplement Council (NASC), a non-profit group dedicated to protecting and enhancing the health of companion animals throughout the country and the U.S. Hemp Authority™, an organization created for the purpose of helping create standardization and quality across the hemp industry. As the only full-spectrum hemp derived CBD brand to comply with both the NASC Quality Seal program and the U.S. Hemp Authority™ Certification Program, Charlotte's Web is further validating to pet owners why it is known as The World's Most Trusted Hemp Extract™.

  • PR Newswire

    Charlotte's Web Earns NSF International's Good Manufacturing Practice Registration

    Charlotte's Web Holdings, Inc. ("Charlotte's Web" or the "Company") (TSX: CWEB, OTCQX: CWBHF), the market leader in hemp extract products with naturally occurring cannabidiol (CBD), is pleased to announce that its manufacturing facility in Boulder, Colorado was recently added to NSF International's dietary supplements Good Manufacturing Practice (GMP) registration. Earning GMP registration from NSF International verifies that a manufacturing facility has the proper methods, equipment, facilities, and controls in place to produce dietary supplement products.

  • CNW Group

    Charlotte's Web Earns NSF International's Good Manufacturing Practice Registration

    BOULDER, CO , Feb. 14, 2020 /CNW/ - Charlotte's Web Holdings, Inc. ("Charlotte's Web" or the "Company") (TSX: CWEB, OTCQX: CWBHF), the market leader in hemp extract products with naturally occurring cannabidiol (CBD), is pleased to announce that its manufacturing facility in Boulder, Colorado was recently added to NSF International's dietary supplements Good Manufacturing Practice (GMP) registration. Earning GMP registration from NSF International verifies that a manufacturing facility has the proper methods, equipment, facilities, and controls in place to produce dietary supplement products.

  • MarketWatch

    Charlotte's Web says COO Stephen Lermer is leaving, announces other management changes

    Charlotte's Web Holdings Inc. said Friday that Chief Operating Officer Stephen Lermer is leaving the company to pursue opportunities in his home region of Central America. The Boulder, Colorado-based maker of CBD-based wellness products said Lermer's team will report to Chief Financial Officer Russ Hammer until a new operations leader is announced. The company said it has named co-Founder Jared Stanley to the new role of chief cultivation officer, reporting to Chief Executive Deanie Elsner. It also named Kelly Shea to the new role of senior vice president of government affairs and corporate communications. U.S.-listed shares were not active premarket, but have fallen 54% in the last 12 months, while the ETFMG Alternative Harvest ETF has fallen 51% and the S&P 500 has gained 21%.

  • PR Newswire

    Charlotte's Web Announces New Executive Team Appointments

    Charlotte's Web Holdings, Inc. ("Charlotte's Web" or the "Company") (TSX:CWEB, OTCQX:CWBHF), the market leader in hemp CBD extract products, today announced management appointments reflecting the Company's distinguished cultivation excellence, as well as its increased activities in public and regulatory affairs, sciences, data and sustainability.

  • CNW Group

    Charlotte's Web Announces New Executive Team Appointments

    BOULDER, CO , Jan. 31, 2020 /CNW/ - Charlotte's Web Holdings, Inc. ("Charlotte's Web" or the "Company") (TSX:CWEB, OTCQX:CWBHF), the market leader in hemp CBD extract products, today announced management appointments reflecting the Company's distinguished cultivation excellence, as well as its increased activities in public and regulatory affairs, sciences, data and sustainability. Jared Stanley , Company Co-Founder and Vice President of Cultivation Operations, has been promoted to the newly created role of Chief Cultivation Officer, reporting directly to the Chief Executive Officer, Deanie Elsner . Over the past 6 years, Mr. Stanley has established cultivation excellence for the Company with industry leading expertise.

  • Some Charlotte's Web Holdings (TSE:CWEB) Shareholders Are Down 36%
    Simply Wall St.

    Some Charlotte's Web Holdings (TSE:CWEB) Shareholders Are Down 36%

    Investors can approximate the average market return by buying an index fund. While individual stocks can be big...

  • CNW Group

    Charlotte's Web Announces Closing of its Previously Announced Underwritten Public Offering

    BOULDER, CO , Dec. 3, 2019 /CNW/ - Charlotte's Web Holdings, Inc. ("Charlotte's Web", or the "Company") (TSX:CWEB, OTCQX:CWBHF), the market leader in hemp CBD extract products, announces today that it has closed its previously announced underwritten public offering for aggregate gross proceeds to the Company of C$66,250,000 (the "Offering"). A total of 5,000,000 units of the Company (the "Units"), at a price of C$13.25 per Unit (the "Offering Price") were sold pursuant to the Offering. The Offering was led by Canaccord Genuity Corp., together with a syndicate of underwriters including Cormark Securities Inc., Eight Capital, and PI Financial Corp. (collectively, the "Underwriters").

  • CNW Group

    Charlotte's Web Comments on Potential Class Action

    BOULDER, CO , Dec. 2, 2019 /CNW/ - On December 1st , Charlotte's Web Holdings, Inc. ("Charlotte's Web", or the "Company") (TSX:CWEB, OTCQX:CWBHF), the market leader in hemp-derived CBD products, became aware of a yet-to-be served class-action suit having been filed in the Northern District of California that alleges that the Company's products are mislabeled as dietary supplements. The Company believes that its products are accurately labeled and that the claims are without merit. The Company intends to vigorously defend itself against any such suits.

  • PR Newswire

    Charlotte's Web Comments on Potential Class Action

    On December 1st, Charlotte's Web Holdings, Inc. ("Charlotte's Web", or the "Company") (TSX:CWEB, OTCQX:CWBHF), the market leader in hemp-derived CBD products, became aware of a yet-to-be served class-action suit having been filed in the Northern District of California that alleges that the Company's products are mislabeled as dietary supplements. The Company believes that its products are accurately labeled and that the claims are without merit. The Company intends to vigorously defend itself against any such suits.

  • Cannabis stocks rocked as FDA warning undermines case for CBD investments
    MarketWatch

    Cannabis stocks rocked as FDA warning undermines case for CBD investments

    Cannabis stocks were slammed anew on Tuesday, after the U.S. Food and Drug Administration issued new guidance on CBD that included a stark warning that it can cause liver injury and other damage to the human body.

  • Thomson Reuters StreetEvents

    Edited Transcript of CWEB.TO earnings conference call or presentation 13-Nov-19 1:00pm GMT

    Q3 2019 Charlotte's Web Holdings Inc Earnings Call

  • MarketWatch

    Charlotte's Web raises C$66.3 million through a syndicated stock offering

    Charlotte's Web Holdings Inc. said Monday it is offering 5 million units priced at C$13.25 ($9.97) a pop to raise C$66.3 million through a syndicated deal led by Canaccord Genuity. The Boulder, Colorado-based maker of hemp CBD products said each unit comprises a single common share, plus half a common share purchase warrant. Proceeds of the deal will be used to fund business development and for general corporate purposes. The company's U.S.-listed shares were not active premarket, but have fallen 5% in 2019, while the ETFMG Alternative Harvest ETF has fallen 30% and the S&P 500 has gained 24%.

  • CNW Group

    Charlotte's Web Announces C$66,250,000 Underwritten Public Offering

    BOULDER, CO , Nov. 25, 2019 /CNW/ - Charlotte's Web Holdings, Inc. ("Charlotte's Web", or the "Company") (TSX:CWEB, OTCQX:CWBHF), the market leader in hemp CBD extract products, announces today that it has entered into an agreement with Canaccord Genuity Corp. (the "Lead Underwriter"), pursuant to which the Lead Underwriter, together with a syndicate of underwriters (collectively, the "Underwriters") have agreed to purchase, on an underwritten basis, 5,000,000 units of the Company (the "Units"), at a price of C$13.25 per Unit (the "Offering Price"), for aggregate gross proceeds to the Company of C$66,250,000 (the "Offering"). Each Unit will be comprised of one common share of the Company (a "Common Share") and one half of one common share purchase warrant (each full warrant, a "Warrant").

  • Consider Adding New Positions in U.S. Cannabis Stocks
    InvestorPlace

    Consider Adding New Positions in U.S. Cannabis Stocks

    It's looking like cannabis stocks just might have bottomed out, and it has been a long time coming. In this week's episode of "Moneyline," Matt McCall wants investors to know that if they have a long-term perspective, the fundamentals really do matter. That's why he's still confident in pot despite its serious shellacking.Well, why's that? Just this week, the U.S. House of Representative's Judiciary Committee approved a bill that legalizes marijuana at the federal level. Many analysts say it's likely the bill will pass the Democrat-controlled House, but it faces a tougher battle in the Senate. But that doesn't matter. The existence of the bill itself is still a good sign for cannabis investors. McCall is declaring 2020 the year of cannabis -- politicians just need to wake up. He argues such legislation would essentially solve the vaping crisis and clear up issues with black-market marijuana.So how can investors play this week's good news? Start with U.S. cannabis companies. Take a look at Charlotte's Web (OTCMKTS:CWBHF) and Acreage Holdings (OTCMKTS:ACRGF). Those companies, along with a few others, are reporting annualized revenue between $100 million and $200 million. McCall says now is a perfect opportunity to build on existing positions in these names or add new ones, as these stocks have bright futures ahead. And while he's still a fan of the big Canadian names, there are better opportunities to get lit right now.InvestorPlace - Stock Market News, Stock Advice & Trading Tips McCall's PodcastThere's another emerging trend that McCall is big on: biotech stocks. There's one name in particular, Crispr Therapeutics (NASDAQ:CRSP), that's making big waves. CRSP stock is up an amazing 120% year-to-date -- and McCall identified this name earlier in 2019 as part of his Early Stage Investing portfolio for its potential in gene editing. * 7 Companies Using Artificial Intelligence to Outperform the Market This week's news easily justified CRSP's place in that portfolio. On Nov. 19, Crispr announced that patients receiving its CTX001 gene-editing therapy were experiencing significant benefits. This therapy is specifically designed for patients with severe blood disorders, and works by singling out and editing affected cells. One patient living with a form of beta thalassemia had been dependent on blood transfusions, receiving as many as 16 a year. After nine months with CTX001, that patient is now considered transfusion independent.McCall is particularly interested in the treatment's use in patients with sickle cell disease, a blood disorder that causes severe pain. And based on his recent travels to Lisbon, Portugal, healthcare will soon evolve to cure these diseases. In the future, he believes they'll even be cured at the embryonic level.So what else did he learn in Portugal? Tune in to "Moneyline" for more on his travels and the future of healthcare as it relates to artificial intelligence.Matthew McCall left Wall Street to actually help investors -- by getting them 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) and +1,044% in Tesla (TSLA), just to name a few. Click here to see what Matt has up his sleeve now. Matt does not directly own the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Companies Using Artificial Intelligence to Outperform the Market * 7 Earnings Reports to Watch Next Week * 6 Retail Stocks Dropping Hard Ahead of Black Friday The post Consider Adding New Positions in U.S. Cannabis Stocks appeared first on InvestorPlace.

  • CNW Group

    View from the C-Suite: Deanie Elsner, Chief Executive Officer, Charlotte's Web Holdings, Inc., tells her company's story. Filmed on October 16, 2019

    View from the C-Suite: Deanie Elsner, Chief Executive Officer, Charlotte's Web Holdings, Inc., tells her company's story. Filmed on October 16, 2019

  • Market Exclusive

    Cannabis Stock News Roundup November 15

    The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (US: TGODF) reported its financial and operational results for the three and nine months ended September 30, 2019. The company experienced a loss of C$20.1 million for the third quarter. The important move TGOD made in the quarter was entering the recreational market with a small pilot in Ontario. […]The post Cannabis Stock News Roundup November 15 appeared first on Market Exclusive.

  • PR Newswire

    Charlotte's Web Appoints Former Bacardi Chief Administration Officer Jacques Tortoroli to Board of Directors

    BOULDER, CO, Nov. 14, 2019 /PRNewswire/ - Charlotte's Web Holdings, Inc. ("Charlotte's Web" or the "Company") (TSX:CWEB, OTCQX:CWBHF), the market leader in hemp CBD extract products, announced the appointment of Jacques Tortoroli to its Board of Directors. Mr. Tortoroli, who most recently served as Chief Administration Officer of Bacardi Limited in Bermuda, brings extensive global experience in finance and operations at both private and public companies. As CAO of Bacardi, the largest privately held spirits company in the world, he was a member of the Global Leadership Team and responsible for global finance, operations, information technology and real estate.

  • Benzinga

    Charlotte's Web Trades Down After Reporting $1.3M Q3 Net Loss, Increases In E-Commerce, Retail Sales

    Charlotte's Web Holdings, Inc. (TSX: CWEB) (OTC: CWBHF) reported third-quarter revenue of $25.1 million on Wednesday, a 41.8% year-over-year increase. B2C e-commerce sales jumped 38.7%, while B2B retail sales increased 66.4%, Charlotte's Web said. "In an increasingly crowded, noisy and confusing CBD market, brands matter, and Charlotte's Web is the most trusted hemp extract in the world," CEO Deanie Elsner said in a statement.

  • PR Newswire

    Charlotte's Web Holdings Reports 2019 Q3 Earnings

    Q3 revenue increases 42% YoY to US$25.1 million Building out CPG infrastructure ahead of FDA regulatory growth catalyst BOULDER, CO , Nov. 13, 2019 /PRNewswire/ - (TSX:CWEB, OTCQX:CWBHF), Charlotte's Web ...

  • CNW Group

    Charlotte's Web Holdings Inc. Q3 Earnings Conference Call and Webcast Notice

    Charlotte's Web Holdings Inc. Q3 Earnings Conference Call and Webcast Notice