Charlotte's Web Holdings Inc
Latest Charlotte's Web Holdings Inc News and Updates
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.
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.
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?
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.
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.
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.
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.
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.
Key Cannabis Sector Updates: Analyst Ratings and Earnings
Last week, Emerald Health Therapeutics (EMH) closed with losses of 9.4%.
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.
How Does Warren Buffett View Cannabis Companies?
Buffett sees companies as businesses and not just tickers. Buffett avoids businesses that he doesn’t understand.
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.
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.
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.”