Charlotte's Web Holdings Inc
TSX:CWEB

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Charlotte's Web Holdings Inc Logo
Charlotte's Web Holdings Inc
TSX:CWEB
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Price: 0.19 CAD 40.74% Market Closed
Market Cap: 30.2m CAD

Charlotte's Web Holdings Inc
Investor Relations

Charlotte's Web Holdings, Inc. engages in the production and distribution of hemp-based, cannabinoid wellness products. The company is headquartered in Denver, Colorado. The company went IPO on 2018-08-29. Charlotte's Web branded products start with its own hemp genetics, which are 100 % American farm grown and manufactured into hemp extracts containing naturally occurring phytocannabinoids, including cannabidiol (CBD), CBC, cannabigerol (CBG), terpenes, flavonoids and other beneficial hemp compounds. Charlotte's Web product categories include full spectrum hemp extract oil tinctures, including liquid products; gummies, including sleep, stress, immunity, exercise recovery; capsules, CBD topical creams and lotions, as well as products for dogs. Charlotte's Web products are distributed to approximately 14,000 retail doors and 8,000 healthcare practitioners and online through the Company's Website at www.CharlottesWeb.com.

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Last Earnings Call
Fiscal Period
Q2 2025
Call Date
Aug 13, 2025
AI Summary
Q2 2025

Revenue Growth: Charlotte's Web reported Q2 revenue of $12.8 million, up 4.2% year-over-year and marking its second straight quarter of growth after several challenging years.

Margin Expansion: Gross margin was 46.8% in Q2, up dramatically from 21% a year ago, though underlying margin would have been around 50% absent temporary factors.

Cost Savings: Management detailed $9 million in annualized cost savings for 2026—$6 million from SG&A and $3 million from in-house manufacturing, with most savings set to show up in late 2025 and fully in 2026.

Cash Flow Target: The company is targeting positive cash flow in 2026, with sequential cash flow improvements expected in Q4 2025 as cost savings are realized.

Brightside Launch: The Brightside Delta-9 THC gummies exceeded expectations, selling out during Memorial Day weekend, and management is exploring additional formats and product extensions.

Omnichannel Expansion: Growth was driven by direct-to-consumer, Amazon, TikTok Shop, and Faire, with a focus on optimizing channel mix for reach and profitability.

Regulatory Outlook: Management is encouraged by progress toward federal CBD regulation, which could benefit established brands like Charlotte's Web.

Key Financials
Revenue
$12.8 million
Gross Profit
$6 million
Gross Margin
46.8%
SG&A Expenses
$10.1 million
Net Loss
$6.3 million
EPS
-$0.04
Adjusted EBITDA
-$3.5 million
Cash
$15.3 million
Working Capital
$29.3 million
Other Earnings Calls

Management

Mr. William J. Morachnick
CEO & Non-Independent Director
No Bio Available
Mr. Jared Stanley
Co-Founder & Director
No Bio Available
Ms. Erika Lind
Chief Financial Officer
No Bio Available
Mr. Raymond Kunkel
Chief Operating Officer
No Bio Available
Ms. Sarah Cambridge
Corporate Controller & Chief Accounting Officer
No Bio Available
Dr. Marcel Bonn-Miller Ph.D.
Chief Scientific Officer
No Bio Available
Mr. Greg Gould
Chief Administration Officer
No Bio Available
Mr. Cory Pala
Director of Investor Relations
No Bio Available
Ms. Kelly Shea
Senior VP of Government Affairs & Corporate Communications
No Bio Available
Mr. Andrew Shafer
Chief Marketing Officer
No Bio Available

Contacts

Address
COLORADO
Denver
1801 California Street, Suite 4800
Contacts