Charlotte's Web Holdings Inc
The Pet Cannabis Industry Is a Lucrative Opportunity
Spending on pet care is gradually rising in the US. As reported by CNBC, Nielsen estimated Americans spent $33 billion on pet food and treats last year.
Why Did Cannabis Stocks Fall on April 15?
Cannabis stocks were broadly in the red on April 15. Charlotte’s Web Holdings (CWBHF) saw a negative price action of 5.8%.
Charlotte’s Web Holdings’ Returns Compared to Its Peers’
Looking at the YTD (year-to-date) price action, Charlotte’s Web Holdings (CWBHF) has seen an upwards price action of 37.7%.
Is Charlotte’s Web Holdings a Good Buy This Month?
Charlotte’s Web Holdings (CWEB) (CWBHF) stock is currently down 23.64% year-to-date on US over-the-counter exchanges. What’s affected investor sentiment?
Cannabis Stocks Had a Mixed Performance Last Week
Cannabis ETFs traded on a largely negative note last week.
Ups and Downs in the Cannabis Space Last Week
The cannabis space was mostly positive last week. The Horizons Marijuana Life Sciences ETF (HMMJ) and the ETFMG Alternate Harvest ETF (MJ) gained 5.2% and 4.2%, respectively.
What’s the Market Potential for CBD?
The FDA has issued warning letters to 15 companies involved in illegal sales of non-psychoactive CBD products. What’s the legal market’s potential?
Cannabis Updates: New Listings, Price Action, and Ratings
The cannabis sector showed some weakness last week, and the Horizons Marijuana Life Sciences ETF (HMMJ) lost 3.0% while the ETFMG Alternate Harvest ETF (MJ) lost 3.4%.
Cannabis Sector Update: How Last Week’s Earnings Looked
Last week, we saw a flurry of earnings from cannabis players.
Comparing GW Pharmaceuticals’ Returns to Peers
GW Pharmaceuticals has received a “strong buy” rating from four analysts, while eight have rated it as a “buy” or some equivalent.
What’s Canopy Growth’s First & Free Brand About?
Yesterday, BNB Bloomberg reported that Canopy Growth (CGC) (WEED) had officially entered the US CBD market with its First & Free brand.
Cresco Labs Announces Expansion in Ohio before Q1 Earnings
Cresco Labs (OTCMKTS:CRLBF) will likely report its financial results for the first quarter of fiscal 2020 on May 28 after the market closes.
Charlotte’s Web Holdings Continues Its Good Run after Strong Q1
Charlotte’s Web Holdings (CWBHF) rose 75% in the first quarter.
Investment Radar — Top CBD Stocks to Watch
Will the Abacus Health Acquisition Benefit Charlotte’s Web?
On June 11, Charlotte’s Web announced that it completed the acquisition of Abacus Health. The company’s performance wasn’t strong in the first quarter.
Cresco Labs Receives Ohio Provisional Processing License
Cresco Labs (OTCMKTS:CRLBF) is trading 1.8% higher as of 9:44 AM ET today. The company received a provisional processing license by the state of Ohio.
Charlotte’s Web Reports Mixed Q1 Performance
Today, Charlotte’s Web reported a mixed first-quarter performance. For the quarter ended on March 31, the company reported revenues of $21.7 million.
Why Analysts Are Bullish before Charlotte’s Web’s Q1 Earnings
Charlotte’s Web Holdings (OTCMKTS:CWBHF)(NYSEARCA:CWEB) will likely report its first-quarter earnings before the market opens on May 14.
Why Is There Optimism before Cresco Labs’ Q4 Earnings?
Analysts expect Cresco Labs to report revenue of $43.7 million in the fourth quarter—YoY growth of 157.9% from $17.0 million in the fourth quarter of 2018.
Is There More Upside to Cresco Labs’ Stock Price?
Amid the weakness in the global financial markets due to the COVID-19 outbreak, Cresco Labs fell to a low of 2.81 Canadian dollars on March 17.
Analysts’ Recommendations after Charlotte’s Web’s Q4 Earnings
Charlotte’s Web Holdings reported its fourth-quarter earnings on March 24. For the quarter, the company missed analysts’ revenue and EBITDA estimates.
Curaleaf Reports Impressive Q4 Earnings Results
On Tuesday, Curaleaf (OTCMKTS:CURLF) reported its fourth-quarter earnings after the market closed. The company reported revenue of $75.46 million.
Charlotte’s Web Stock Rose after Its Q4 Earnings
Today, Charlotte’s Web Holdings (TSE:CWEB)(OTCMKTS:CWBHF) reported its fourth-quarter earnings. For the quarter, the company reported revenues of $22.8 million.
IIPR Looks Promising amid Struggling Cannabis Sector
As of March 11, Innovative Industrial Properties (NYSE:IIPR) was trading at $76.96—a rise of 1.4% since the beginning of this year.
What’s Driving the US CBD Market for Pets?
In the past, cannabis companies developed most CBD products for dogs. Now, companies are expanding the products for other pets like cats, birds, and horses.
Why Beacon Securities Is Bullish on Curaleaf
On Monday, Russell Stanley of Beacon Securities reiterated his “buy” rating for Curaleaf Holdings. He gave a target price of 25 Canadian dollars.
Is Charlotte’s Web Still a Good Buy?
Although 2019 was tough for Charlotte’s Web Holdings, it has made a significant recovery this year. The stock has increased by 14.8% YTD as of Monday.
OrganiGram’s First-Quarter Earnings: What to Expect
Yesterday, OrganiGram stock was trading at 2.68 Canadian dollars, 23.4% lower than when the company reported its fourth-quarter earnings on November 25.
Supreme Cannabis: Lower Target Price after Q1 Earnings
Following Supreme Cannabis’s weak first-quarter performance, PI Financial and Canaccord Genuity lowered their target prices.
Charlotte’s Web Lawsuit: How Can It Impact Investors?
Charlotte’s Web Holdings (CWEB) (CWBHF) is one of the latest cannabis companies to be served with a class-action lawsuit.
Must-Knows of Fraud Investigations into ACB and CGC
Several prominent law firms have launched investigations into ACB and CGC for potentially violating federal securities law.
ACB Sees Third-Worst Day in Years: What Analysts Think
On November 18, Aurora Cannabis (ACB) closed at 3 Canadian dollars on the TSX, a 16.43% drop and the third-worst trading day for it in three years.
MedMen Fights for Survival amid Sector Meltdown
On November 15, MedMen (MMEN) (MMNFF) declared an extensive five-year restructuring plan in its attempt to become EBITDA-positive by 2020.
Top 5 Reasons Why Cannabis Earnings Disappointed
There seems to be no end to the cannabis sector’s woes. Several prominent cannabis players reported disappointing results in the latest earnings season.
Charlotte’s Web: Analysts Cut Targets after Weak Q3
Charlotte’s Web Holdings reported its fiscal 2019 third-quarter earnings results on November 13. Its revenue came in at $25.1 million.
Charlotte’s Web: Are Its Q3 Earnings Good or Bad News?
After Charlotte’s Web reported its Q3 earnings yesterday, it closed at 12.28 Canadian dollars on the TSE, 7.53% lower than its previous closing price.
The Cannabis Sector Continues Its Disappointing Week
After falling for the first two days this week, the cannabis sector maintained that weakness today. Let’s look at some cannabis stocks that are in the news.
Canopy Growth Is Down ahead of Its Q2 Release
Canopy Growth is set to report its second-quarter earnings results on November 14. In the first two days of trading this week, it’s fallen 11.5%.
Charlotte’s Web: Q3 Earnings Missed Analysts’ Estimates
Today, Charlotte’s Web Holdings (CWEB) (CWBHF) reported its third-quarter earnings. The company missed analysts’ revenue and EPS estimates.
Charlotte’s Web: What to Expect from Q3 Earnings
Charlotte’s Web Holdings (CWEB) (CWBHF) will report third-quarter earnings before the market opens on November 13. Let’s look at analysts’ expectations.
Charlotte’s Web: November Price Target Update
Charlotte’s Web Holdings has fallen 15.44% on the Toronto Stock Exchange. Its stock has dropped 43.58% on the TSE since its Q2 earnings on August 14.
IIPR Stock Rises after Revenue and EPS Beat
Yesterday, Innovative Industrial Properties (IIPR) reported its Q3 earnings results. The company beat analysts’ revenue and EPS estimates.
Can ACB’s and CWEB’s Earnings Help Cannabis?
Aurora Cannabis and Charlotte’s Web Holdings are set to report their earnings next week. Could their results bring some relief to the cannabis sector?
Curaleaf Launches Adult-Use Cannabis in MA
Yesterday, Curaleaf Holdings (CURLF) (CURA) opened its first recreational or adult-use dispensary in Massachusetts at Oxford.
Charlotte’s Web: Top Four Things to Know about the Stock
Last month, Charlotte’s Web announced that it would partner with Nielsen to guide US retail companies on the growth of the CBD (cannabidiol) space.
Charlotte’s Web Holdings: What to Expect from Q3 Results
So far, Charlotte’s Web Holdings (CWBHF) (CWEB) has gained 19.7% year-to-date. The company will report its third-quarter results next month.
Marijuana: Pennsylvania Introduces Legalization Bill
Two Pennsylvania senators introduced a comprehensive marijuana legalization bill on Tuesday. Senator Daylin Leach and Sharif Street introduced the bill.
Hemp: What Are the Top Three Stocks for October?
Aurora Cannabis has been investing to acquire and form strategic partnerships with hemp-related businesses. The company acquired Hempco Food and Fiber.
Charlotte’s Web: What’s the Word on Wall Street?
Last month, Charlotte’s Web Holdings (CWBHF) (CWEB) announced its second-quarter results. It missed analysts’ revenue and EPS expectations.
Aurora Cannabis Acquires Hempco Food and Fiber
Aurora Cannabis (ACB) was trading lower early this morning after falling about 8% last week. It has Aurora completed its Hempco Food and Fiber acquisition.
Charlotte’s Web Holdings Stock Down after Earnings
Charlotte’s Web Holdings stock (CWBHF)(CWEB) was down 6.6% yesterday after the company reported lower-than-expected Q2 earning results.
Kroger Deal Ignited Charlotte’s Web Holdings Last Week
Charlotte’s Web Holdings’ Kroger deal ignited the stock last week. The stock saw an upwards price action of almost 42%. The stock has risen 86% this year.
How Analysts See Charlotte’s Web Holdings after May Sell-Off
Charlotte’s Web Holdings (CWBHF) fell 6.2% on June 3 amid the weakness in the cannabis space.
Charlotte’s Web Holdings’ Q1 Earnings: Key Takeaways
Charlotte’s Web Holdings (CWBHF) released its first-quarter earnings yesterday after the markets closed.
Analyzing Charlotte’s Web Holdings’ Q1 Earnings Estimates
Charlotte’s Web Holdings (CWBHF) is scheduled to release its first-quarter earnings today and hold its earnings conference call tomorrow.
Charlotte’s Web Holdings’ Preliminary Q1 Results
On May 8, Charlotte’s Web Holdings (CWEB) (CWBHF) released its preliminary first-quarter results after the markets closed.
Key Cannabis Sector Updates: Analyst Ratings and Earnings
Last week, Emerald Health Therapeutics (EMH) closed with losses of 9.4%.
Digging Deeper into Greenlane Holdings’ Finances
Greenlane Holdings (GNLN) priced its IPO at $17 per share and rose almost one quarter after the listing on April 18.
Charlotte’s Web Holdings Fell amid Weakness in Cannabis Stocks
On March 30, PI Financial raised Charlotte’s Web Holdings’ target price from 26 Canadian dollars to 30 Canadian dollars.
Charlotte’s Web Holdings Reports Record Harvest in 2018
Charlotte’s Web Holdings (CWBHF) posted a record harvest of 675,000 pounds last year.
What to Expect from Charlotte’s Web Holdings’ Q4 Earnings
Charlotte’s Web Holdings (CWBHF) is slated to release its fourth-quarter earnings on March 28.
How Does Warren Buffett View Cannabis Companies?
Buffett sees companies as businesses and not just tickers. Buffett avoids businesses that he doesn’t understand.
How Charlotte’s Web Holdings’ Upside Potential Compares to Peers
Analysts expect Charlotte’s Web Holdings to post revenues of $24.5 million in the fourth quarter as compared to $17.7 million in the sequential quarter.
Marijuana Stock iAnthus Capital Already Up ~23% in January
Today, on the OTC markets, iAnthus Capital Holdings stock (ITHUF) is trading ~3.63% above yesterday’s closing price of $4.84.
Charlotte’s Web Holdings’ Stock Grew ~11% Last Week
On January 25, Charlotte’s Web Holdings’ (CWBHF) stock price closed at $14.41, ~4.87% higher than its closing price of $13.74 on January 24 and ~11% higher than its closing price of $6.21 on January 18.
Charlotte’s Web Holdings Stock Has Already Risen ~18% in January
Charlotte’s Web Holdings reached $13.04 on January 18, which represents an ~18% YTD increase.
How Is Green Thumb Industries Financially Positioned in January?
Green Thumb Industries reported net revenue of $17.17 million in the third quarter of 2018. What do analysts expect for the fourth quarter?
GTBIF Acquires Advanced Grow Labs and Enters Connecticut Market
In January, Green Thumb announced that it had entered into a definitive agreement to acquire Advanced Grow Labs for a value of $80.0 million.
Green Thumb Industries Has Already Risen ~50% in January
On January 11, Green Thumb Industries (GTBIF) stock closed at $12.05, up ~15% from its previous week’s closing price.
Here Are Charlotte’s Web Holdings’ Major Growth Drivers
Charlotte’s Web Holdings’ estimated its hemp production for fiscal 2018 to be in the range of 250,000 pounds to 350,000 pounds.
Charlotte’s Web Holdings’ EPS Expected to Spike
In the third quarter, Charlotte’s Web Holdings (CWBHF) reported gross profits of $13.8 million, a YoY rise of 54%.
Why Charlotte’s Web Holdings’ Revenue Is Expected to Spike
In the third quarter, Charlotte’s Web Holdings (CWBHF) reported revenues of $17.7 million, which represents YoY organic growth of 57%.
Analysts Recommend a ‘Buy’ for Charlotte’s Web Holdings
The 12-month consensus analyst recommendation for Charlotte’s Web Holdings on January 2 was a “buy.”