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Bullboard - Stock Discussion Forum Charlotte's Web Holdings Inc T.CWEB

Alternate Symbol(s):  CWBHF

Charlotte's Web Holdings, Inc. (Charlotte’s) is engaged in providing hemp extract wellness products under a family of brands which includes Charlotte’s Web, CBD Medic, CBD Clinic, and Harmony Hemp. Charlotte’s Web branded products start with its hemp genetics that are 100% North American farm grown and manufactured into hemp extracts containing naturally occurring phytocannabinoids, including... see more

TSX:CWEB - Post Discussion

Charlotte's Web Holdings Inc > cweb drops off another cliff
View:
Post by wobermey1987 on Sep 24, 2020 10:35am

cweb drops off another cliff

getting tired of this....
Comment by jerrytuts on Sep 24, 2020 11:11am
unfortunately they are dependant on 21,000 retail locations which require foot traffic (apart from online sales) Covid blocks that foot traffic. What do you want management to do about that? think of that for a second right? until covid is resolved, this stock is a buy and hold assuming they survive through the covid crisis. imagine how different the earnings reports would look with the extra ...more  
Comment by wobermey1987 on Sep 25, 2020 11:07am
I have other stocks thriving during Covid. They don't sit on the sidelines and hum and haw about how they wish more stores were open. They're proactively finding new pathways to drive sales. If we had real leadership we might be faring better during this, but our corporate updates are borderline silly, like them hiring a farmer to put that huge banner across his fields, yet nowhere on the ...more  
Comment by jerrytuts on Sep 26, 2020 8:03am
I understand. The problem is that they put all their eggs in having retail locations at the worse possible time. 21,000 spots lol. You can't just come up with a solution to rectify and replace that income. And yes I do agree that they are very lazy with news releases, they are the only company that I never get any email replies when emailing investor relations. Lastly, would have been smart to ...more  
Comment by TOP3STOCKS on Sep 28, 2020 3:50pm
This post has been removed in accordance with Community Policy
Comment by PRedictIVEai on Sep 29, 2020 2:51pm
This post has been removed in accordance with Community Policy
Comment by wobermey1987 on Oct 01, 2020 5:07pm
It's just frustrating to have been so bullish on a company that just deflates every day, when there are tons of companies crushing life like we should be, and I know we will, eventually. There needs to be a realization in upper management that DTC is the ONLY thing they can rely on right now - stores are going out of business left and right, and they can't keep relying on their thousands ...more  
Comment by ThermaBright on Oct 01, 2020 5:49pm
This post has been removed in accordance with Community Policy
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