Charlotte's Web Holdings, Inc., a Certified B Corporation headquartered in Louisville, Colorado, is the market leader in innovative hemp extract wellness products that includes Charlotte’s Web whole-plant full-spectrum CBD extracts as well as broad-spectrum CBD certified NSF for Sport®. Charlotte’s Web 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"), CBN, 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), CBN gummies, 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.
![Charlotte's Web logo](/files/LOGO/1750155-CWEB.png)
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)
8-K
Charlotte’s Web Appoints Erika Lind
20 Jun 24
8-K
Charlotte's Web Announces Shareholder Meeting Voting Results
14 Jun 24
10-Q
2024 Q1
Quarterly report
8 May 24
8-K
Charlotte’s Web Reports 2024 First Quarter
8 May 24
DEFA14A
Additional proxy soliciting materials
29 Apr 24
8-K
Proposed Changes to the Board of Directors
29 Apr 24
ARS
2023 FY
Annual report to shareholders
29 Apr 24
DEFA14A
Additional proxy soliciting materials
29 Apr 24
DEF 14A
Definitive proxy
29 Apr 24
S-8
Registration of securities for employees
21 Mar 24
Latest ownership filings
Financial summary
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Diluted EPS |
Annual (USD) | Dec 23 | 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) | 38.51 mm | 38.51 mm | 38.51 mm | 38.51 mm | 38.51 mm | 38.51 mm |
Cash burn (monthly) | 3.10 mm | 1.86 mm | 3.21 mm | 3.82 mm | 2.39 mm | 1.37 mm |
Cash used (since last report) | 12.00 mm | 7.17 mm | 12.39 mm | 14.76 mm | 9.25 mm | 5.31 mm |
Cash remaining | 26.51 mm | 31.34 mm | 26.12 mm | 23.75 mm | 29.26 mm | 33.20 mm |
Runway (months of cash) | 8.5 | 16.9 | 8.1 | 6.2 | 12.2 | 24.2 |
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 |
---|---|---|---|---|---|---|---|---|---|---|
2 Jul 24 | Alicia Morga | Charlottes Web Holding Inc common stock | Sell | Dispose S | No | No | 0.1553 | 510,134 | 79.22 k | 0 |
1 Jul 24 | Maureen K Usifer | RSU Common Shares | Grant | Acquire A | No | No | 0 | 75,000 | 0.00 | 75,000 |
1 Jul 24 | Matthew Evan McCarthy | RSU Common Shares | Grant | Acquire A | No | No | 0 | 75,000 | 0.00 | 75,000 |
1 Jul 24 | Angela May McElwee | RSU Common Shares | Grant | Acquire A | No | No | 0 | 85,000 | 0.00 | 85,000 |
30 Jun 24 | William J. Morachnick | Common Shares | Payment of exercise | Dispose F | No | No | 0.19 | 107,813 | 20.48 k | 1,114,457 |
30 Jun 24 | William J. Morachnick | Common Shares | Option exercise | Acquire M | No | No | 0 | 375,000 | 0.00 | 1,222,270 |
30 Jun 24 | William J. Morachnick | RSU Common Shares | Option exercise | Dispose M | No | No | 0 | 375,000 | 0.00 | 3,375,000 |
News
Canopy Growth And Other Hot Cannabis Stocks Will Soon Report Earnings, What Investors Need To Know Now
26 Jul 24
Latest Executive Cannabis Changes You Should Know About: Curaleaf, Planet 13 Elect Directors And More
18 Jun 24
CBD-Focused Charlotte's Web Revenue Drops 29% In Q1 Amid Strategic Adjustments
8 May 24