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

The article reports significant movements in cannabis stocks on April 1, 2024, listing both gainers and losers. Notable gainers include Global Compliance, Global Hemp Group, and Emeren Group, with increases of 28.71%, 28.00%, and 21.76% respectively. Major losers include GreenGro Technologies, Cann Gr, and CordovaCann, with decreases of 99.00%, 85.03%, and 19.49% respectively. The article highlights the volatility in the cannabis sector, impacting a wide range of companies listed on various exchanges.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 8:30 pm

The article lists cannabis stock gainers and losers for March 27, 2024, highlighting significant movements in the sector. Notable gainers include Canopy Growth, Maple Leaf Green World, and Cara Therapeutics, with increases of 30.57%, 23.64%, and 19.15% respectively. On the losing end, Green Growth Brands plummeted by 99%, followed by CordovaCann and Item 9 Labs with substantial declines. The article reflects the volatile nature of the cannabis market.

Portfolio Pulse from Benzinga Insights

March 27, 2024 | 8:30 pm

Cannabis stocks experienced significant movements on March 26, 2024, with notable gainers including Auxly Cannabis Group, Village Farms Intl, and Canopy Growth, among others. Losers of the day included Beleave, Elixinol Wellness, and SOL Global Investments. The movements reflect the volatile nature of the cannabis market.

Portfolio Pulse from Benzinga Insights

March 26, 2024 | 9:30 pm

Cannabis stocks experienced significant movements on March 22, 2024, with notable gainers including Canopy Growth, Aurora Cannabis, and SNDL, among others. Losers included Belgravia Hartford Cap, Heritage Cannabis Holding, and Elixinol Wellness. The movements reflect the volatile nature of the cannabis market.

Portfolio Pulse from Benzinga Insights

March 22, 2024 | 9:30 pm

The cannabis sector experienced mixed movements on March 21, 2024, with several companies showing significant gains while others faced steep declines. Notable gainers included Rocky Mountain High, CLS Holdings USA, and Trulieve Cannabis, with increases of 40.20%, 9.89%, and 7.96% respectively. On the downside, AusCann Group Holdings and Elixinol Wellness saw dramatic drops of 71.63% and 70.75%. The volatility reflects bearish sentiment across the cannabis space.

Portfolio Pulse from Benzinga Insights

March 21, 2024 | 9:30 pm

Charlotte's Web Holdings, Inc. reported a 16% decrease in Q4 consolidated net revenue to $15.9 million and a 75% improvement in net loss. The company attributes lower CBD product sales to regulatory ambiguities and market pressures. It has joined the ONE HEMP alliance to advocate for CBD regulation. The company is undergoing a turnaround initiative, 'True North', to drive sustainable growth. Shares traded 7.6923% lower at $0.18 per share.

Portfolio Pulse from Jelena Martinovic

March 21, 2024 | 2:17 pm

Charlottes Web Holdings (OTC:CWBHF) reported Q4 earnings, beating estimates with an EPS of $-0.06 against an expected $-0.07. However, revenue decreased by $3M from the previous year. The company had previously missed EPS estimates last quarter, leading to a 3% share price drop. Historical performance shows fluctuating EPS and revenue figures over the past year.

Portfolio Pulse from Benzinga Insights

March 21, 2024 | 11:10 am

The cannabis sector experienced significant movement on March 20, 2024, with a majority of stocks showing bullish sentiment. Notable gainers include Elixinol Wellness, Heritage Cannabis Holding, and Canopy Growth, with increases of 312.37%, 70.00%, and 18.28% respectively. Conversely, Eastside Distilling led the losers, declining by 12.75%. This movement reflects a broad positive sentiment in the cannabis space.

Portfolio Pulse from Benzinga Insights

March 20, 2024 | 9:30 pm

Charlottes Web Holdings (OTC:CWBHF) is expected to report its quarterly earnings on Thursday, 2024-03-21, with an estimated EPS of $-0.07. Historical performance shows a pattern of not meeting EPS estimates, leading to negative stock price reactions. Shares are currently trading at $0.18, down 41.22% over the last year. Investors are looking for positive guidance for the next quarter.

Portfolio Pulse from Benzinga Insights

March 20, 2024 | 4:01 pm

Cannabis stocks experienced significant movements on March 19, 2024, with notable gainers including Canopy Growth, Body and Mind, and Charlotte's Web Holdings, among others. Conversely, several companies faced declines, such as Item 9 Labs and Heritage Cannabis Holding. The fluctuations highlight the volatile nature of the cannabis market.

Portfolio Pulse from Benzinga Insights

March 19, 2024 | 9:30 pm

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