Streetbeat News

CWBHF

Charlottes Web Holdings Inc

Industry

Medicinal and Botanical Manufacturing

Open

0.11

Mkt cap

17M

Volume

48K

High

0.11

P/E Ratio

-0.46

52-wk high

0.27

Low

0.11

Div yield

N/A

52-wk low

0.10

Recent leadership changes in the cannabis and psychedelics industries include new board members and executives at Cybin Inc., Curaleaf Holdings, Planet 13 Holdings, Charlotte’s Web Holdings, Flora Corporation, Entourage Health Corp., and TILT Holdings. These changes could impact the strategic direction and performance of these companies.

Portfolio Pulse from Jelena Martinovic

June 18, 2024 | 4:48 am

Cannabis stocks showed significant movement on June 17, 2024, with notable gainers including Maple Leaf Green World, Rocky Mountain High, and Psychemedics. Conversely, Elixinol Wellness, Cann Gr, and Cara Therapeutics were among the biggest losers.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 8:30 pm

The article lists the top gainers and losers among cannabis stocks for June 4, 2024. Notable gainers include Affinor Growers, Cann Gr, and SOL Glb Inv, while significant losers include The Flowr, 1933 Industries, and CNBX Pharmaceuticals.

Portfolio Pulse from Benzinga Insights

June 04, 2024 | 8:30 pm

The cannabis sector experienced mixed movements on May 27, 2024, with notable gains and losses among various companies. Urban-gro (NASDAQ:UGRO), Corbus Pharmaceuticals (NASDAQ:CRBP), Aurora Cannabis (NASDAQ:ACB), and Village Farms Intl (NASDAQ:VFF) saw gains, while Emeren Group (NYSE:SOL), Psychemedics (NASDAQ:PMD), Cara Therapeutics (NASDAQ:CARA), and Genetic Technologies (NASDAQ:GENE) experienced declines.

Portfolio Pulse from Benzinga Insights

May 27, 2024 | 8:30 pm

The article reports on the stock movements of various cannabis-related companies for May 24, 2024. Notable gainers include Corbus Pharmaceuticals (NASDAQ:CRBP) and Genetic Technologies (NASDAQ:GENE), while significant losers include Emeren Group (NYSE:SOL) and Psychemedics (NASDAQ:PMD).

Portfolio Pulse from Benzinga Insights

May 24, 2024 | 8:30 pm

The article reports on the performance of various cannabis stocks on May 17, 2024. Notable gainers include Elixinol Wellness, CordovaCann, and Heritage Cannabis Holding, while significant losers include Australis Capital, Global Compliance, and Eastside Distilling.

Portfolio Pulse from Benzinga Insights

May 17, 2024 | 8:30 pm

The article reports on the performance of various cannabis stocks on May 16, 2024, highlighting significant gainers and losers. Notable gainers include Flower One Holdings, Cannabix Technologies, and Greenlane Holdings, while MJ Holdings and Maple Leaf Green World were among the biggest losers.

Portfolio Pulse from Benzinga Insights

May 16, 2024 | 8:30 pm

Cannabis stocks experienced significant movements on May 9, 2024, with notable gainers including Global Hemp Group, MJ Holdings, and SOL Global Investments, among others. Conversely, Auxly Cannabis Group led the losers, followed by Elixinol Wellness and CordovaCann. The movements reflect the volatile nature of the cannabis market, with companies like Canopy Growth, Cronos Group, and Aurora Cannabis also seeing gains.

Portfolio Pulse from Benzinga Insights

May 09, 2024 | 8:30 pm

Cannabis stocks showed significant movement on May 8, 2024, with Khiron Life Sciences leading the gainers with a 9900.00% increase, while The Flowr experienced a drastic 99.00% decline. Other notable movers include Affinor Growers, Eastside Distilling, and 4Front Ventures on the gainers' side, and Charlottes Web Holdings, Kaya Holdings, and Elixinol Wellness among the losers. The market saw a mix of dramatic ups and downs, reflecting the volatile nature of the cannabis industry.

Portfolio Pulse from Benzinga Insights

May 08, 2024 | 8:30 pm

Charlotte's Web Holdings, Inc. reported a 29% decline in Q1 2024 revenue, totaling $12.1 million, with a net loss of $9.7 million. Despite the revenue drop, the company maintained a gross profit margin of 57%. Strategic adjustments include focusing on the medical channel, reducing selling, general, and administrative expenses, and planning in-house production of topical and gummy products. The company is also launching a new e-commerce platform and 'Stay Asleep' CBN gummies. Shares were down 4.31% at $0.187.

Portfolio Pulse from Patricio Liddle

May 08, 2024 | 3:25 pm

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