Post by
wobermey1987 on Jul 02, 2020 3:14pm
New interview with CEO Deanie Elsner
"Our ambition is to become a billion-dollar company" -Deanie Elsner, CEO of Charlotte's Web https://www.google.com/amp/s/hempindustrydaily.com/cash-is-king-for-expansion-opportunities-and-covid-cushion-qa-with-charlottes-web-ceo-deanie-elsner/amp/
Comment by
RusticHit on Jul 02, 2020 3:39pm
Did ,nt she tell why Stock price is in Free Fall it was already close to a Billion Dollar company before financing at 6.75 now cut into half ,,good Job ,,,,,,,,,,,,,,,,,, Share holders got crushed as always
Comment by
stkinvestor75 on Jul 03, 2020 8:39am
i'm guessing having cash in the bank facing next second wave is more important to the company than shares dilution of 12-18% due to this Private placement. You can see as 2 options: 1- wait for the stock to rise again 2- Buy the DIP and take advantage of these lower prices. I've chosen option 2.
Comment by
wobermey1987 on Jul 03, 2020 3:06pm
Same. The FDA will only be able to sit on its hands for so long once the liver toxicity study is submitted, and keep in mind if CBD can help with covid we might accidentally be sitting on a goldmine.