Charlotte's Web Holdings, Inc., a Certified B Corporation headquartered in Louisville, Colorado, is the market leader in innovative hemp extract wellness products under a family of brands that includes Charlotte's Web™, ReCreate™, CBD Medic™, and CBD Clinic™. Charlotte’s Web whole-plant CBD extracts come in full-spectrum and broad-spectrum options, including ReCreate™ by Charlotte’s Web, broad-spectrum CBD certified NSF for Sport®. ReCreate is the official CBD of Major League Baseball©, Angel City Football Club and the Premier Lacrosse League. Charlotte's Web branded premium quality products start with proprietary hemp genetics that are North American farm-grown using organic and regenerative cultivation practices. The Company's hemp extracts have naturally occurring botanical compounds including cannabidiol ("CBD"), CBC, CBG, terpenes, flavonoids, and other beneficial compounds. Charlotte’s Web product categories include CBD oil tinctures (liquid products) CBD gummies (sleep, calming, exercise recovery, immunity), CBD capsules, CBD topical creams and lotions, as well as CBD pet products for dogs. Through its substantially vertically integrated business model, Charlotte’s Web maintains stringent control over product quality and consistency with analytic testing from soil to shelf for quality assurance. Charlotte’s Web products are distributed to retailers and health care practitioners throughout the U.S.A, and online through the Company's website at www.charlottesweb.com.
Company profile
Ticker
CWEB, CWBHF
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Charlotte’s Web Holdings, Inc. • Charlotte’s Web, Inc. • Abacus Products, Inc. • Abacus Health Products, Inc. • Abacus Wellness, Inc. • CBD Pharmaceuticals, Ltd. ...
CWEB stock data
Latest filings (excl ownership)
S-8
Registration of securities for employees
21 Mar 24
10-K
2023 FY
Annual report
21 Mar 24
8-K
Charlotte’s Web Reports 2023 Fourth Quarter
21 Mar 24
8-K
Other Events
14 Feb 24
8-K
Charlotte's Web Holdings Inc. Announces Appointment of former Ben & Jerry's CEO, Matthew E. McCarthy, to its Board of Directors
7 Feb 24
8-K
Departure of Directors or Certain Officers
5 Feb 24
8-K
Other Events
2 Jan 24
8-K
Charlotte’s Web Reports 2023 Third Quarter
9 Nov 23
10-Q
2023 Q3
Quarterly report
9 Nov 23
8-K
Charlotte’s Web Appoints Angela McElwee, Former CEO of Gaia Herbs, to Board of Directors
12 Oct 23
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 51.02 mm | 51.02 mm | 51.02 mm | 51.02 mm | 51.02 mm | 51.02 mm |
Cash burn (monthly) | 3.57 mm | (no burn) | 5.05 mm | 5.72 mm | 2.61 mm | 1.30 mm |
Cash used (since last report) | 24.29 mm | n/a | 34.34 mm | 38.88 mm | 17.78 mm | 8.82 mm |
Cash remaining | 26.73 mm | n/a | 16.68 mm | 12.13 mm | 33.24 mm | 42.19 mm |
Runway (months of cash) | 7.5 | n/a | 3.3 | 2.1 | 12.7 | 32.5 |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 3 |
Opened positions | 0 |
Closed positions | 2 |
Increased positions | 1 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 2.04 bn |
Total shares | 39.66 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
BT DE Investments | 37.67 mm | $1.33 bn |
AXS Investments | 1.99 mm | $719.07 mm |
Tucker Asset Management | 50.00 | $18.00 k |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Apr 24 | Sarah Cambridge | RSU Common Shares | Grant | Acquire A | No | No | 0 | 75,843 | 0.00 | 75,843 |
1 Apr 24 | Stephen David Rogers | RSU Common Shares | Grant | Acquire A | No | No | 0 | 105,013 | 0.00 | 105,013 |
1 Apr 24 | Raymond J. Kunkel | RSU Common Shares | Grant | Acquire A | No | No | 0 | 102,954 | 0.00 | 102,954 |
1 Apr 24 | Jared Stanley | RSU Common Shares | Grant | Acquire A | No | No | 0 | 111,533 | 0.00 | 111,533 |
1 Apr 24 | Jessica Saxton | RSU Common Shares | Grant | Acquire A | No | No | 0 | 710,000 | 0.00 | 710,000 |
News
CBD-Focused Charlotte's Web Narrows Net Loss 75% YoY In Q4, Reports Drop In Revenue
21 Mar 24
Earnings Scheduled For March 21, 2024
21 Mar 24
Top Cannabis Appointments You Should Know About: Aurora's New CFO And Other Changes
20 Feb 24
Colorado Wants To Simplify Cannabis Regulations, Eliminate Fungus Testing: A 500-Page Rulebook Is Too Long, Lawmakers Say
25 Jan 24