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Former Reynolds American Executive Joins Charlotte's Web As New CEO
Wednesday, September 13, 2023 - 11:47am | 519Cannabis company Charlotte's Web Holdings, Inc. (TSX: CWEB) (OTCQX: CWBHF) tapped William Morachnick to serve as its new chief executive officer, succeeding CEO Jacques Tortoroli, who resigned from his roles at the Louisville, Colorado-based company. Tortoroli, who succeeded former CEO...
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Cannabis Movers & Shakers: Skye Bioscience, The Flowr Corp, Charlotte's Web, Rapid Dose Therapeutics
Thursday, December 23, 2021 - 8:27am | 840Skye Bioscience Announces Board Additions & Promotions CBD-focused biopharmaceutical company Skye Bioscience, Inc. (OTCQB: SKYE) recently announced that it has appointed Keith W. Ward, Ph.D., to its board of directors Dr. Ward, a life sciences executive with more than 25 years of...
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Charlotte's Web Debuts New Hemp CBD Gummies
Friday, October 22, 2021 - 12:30pm | 510Charlotte's Web Holdings, Inc. (TSX: CWEB) (OTCQX: CWBHF) announced the addition of three new Charlotte's Web Gummies. Over the next month, the new Daily Wellness, THC-free immunity gummies will begin shipping to many of the company's 14,000 retail partners across the U.S....
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Charlotte's Web Stock Jumps After Announcing Launch Of Retail Expansion Into California
Thursday, October 7, 2021 - 11:48am | 421Hemp and CBD extract company Charlotte's Web Holdings, Inc. (TSX: CWEB) (OTCQX: CWBHF) said Thursday that it is expanding its retail distribution in California following the passage of Assembly Bill 45 on October 6. The legislation allowed the retail sale of products containing hemp-...
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Charlotte's Web Reports 38% Increase In B2B Revenue, Stock Slightly Down On Announcing Q2 2021 Results
Thursday, August 12, 2021 - 10:28am | 528Cannabis company, Charlotte's Web Holdings, Inc. (TSX: CWEB) (OTCQX: CWBHF) reported its financial results Thursday for the second quarter ended June 30, 2021, posting a 38% year-over-year spike in consolidated business-to-business (B2B) revenue, driven mainly by a return to...
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Cannabis Movers & Shakers: Fyllo, Shelter Cannabis, Khiron, Amfil Technologies, Creo, Willow Industries, Charlotte's Web
Friday, June 18, 2021 - 4:09pm | 1086Fyllo Taps Wes Chaar For Its Leadership Team Cannabis technology platform Fyllo has appointed Wes Chaar to serve as chief data and analytics officer. Chaar brings extensive experience in data strategy, data fusion, mathematical modeling, machine learning and artificial intelligence. He...
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Charlotte's Web Q1 Revenue Increases 9.1%. YoY To $23.4M: What Cannabis Stock Investors Need To Know
Tuesday, May 11, 2021 - 1:42pm | 374Hemp CBD extract producer Charlotte's Web Holdings, Inc. (TSX: CWEB) (OTCQX: CWBHF) generated $23.4 million in consolidated revenue in the first quarter of 2021, representing a year-over-year increase of 9.1%. DTC eCommerce sales rose 14.5% over the same period, accounting for 68.9% of revenue...
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Benzinga Cannabis Hour Recap: The Importance Of Partnerships, Trustworthy Products, Being Recession-Proof
Monday, February 22, 2021 - 9:45am | 932As cannabis gains wider acceptance, brands are faced with a major challenge — breaking into new markets. TILT Holdings (OTCQX: TLLTF) president Gary Santo thinks that a key to understanding the present state of things within the industry is to look at the future and the trend...
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Charlotte's Web Snares Abacus, CEO Looks Forward To '$10B Market Opportunity'
Thursday, June 18, 2020 - 4:45pm | 1062When Charlotte's Web Holdings Inc. (OTC: CWBHF)(TSX: CWEB) agreed to buy Abacus Health Products Inc. (CSE: ABCS) in March, expectations were high. "Abacus is a market-leading player in OTC topical products combining active pharmaceutical ingredients with hemp extract," Charlotte's...