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Charlotte's Web Holdings Inc. (T:CWEB)

Business Focus: Alternative Medicine

Sector:  Healthcare Industry:  Pharmaceuticals
 
See Regulatory Filings on SEDAR
Company Contact
Address: 700 TECH COURT
LOUISVILLE CO 80027
Tel: 1-416-5943849
Website: https://www.charlottesweb.com
IR: See website
Key People
Jacques Tortoroli
Chief Executive Officer, Director
Jessica Saxton
Chief Financial Officer
Jared Stanley
Chief Operating Officer
Stephen Rogers
Senior Vice President, General Counsel, Corporate Secretary
   
Business Overview
Charlotte's Web Holdings, Inc. is engaged in providing hemp extract wellness products under a family of brands, including Charlotte's Web, CBD Medic, CBD Clinic and Harmony Hemp. Charlotte's Web branded products start with its own hemp genetics, which are 100 % American farm grown and manufactured into hemp extracts containing naturally occurring phytocannabinoids, including cannabidiol (CBD), CBC, cannabigerol (CBG), terpenes, flavonoids and other beneficial hemp compounds. Charlotte's Web product categories include full spectrum hemp extract oil tinctures, including liquid products; gummies, including sleep, stress, immunity, exercise recovery; capsules, CBD topical creams and lotions, as well as products for dogs. Charlotte's Web products are distributed to approximately 14,000 retail doors and 8,000 healthcare practitioners and online through the Company's Website at www.CharlottesWeb.com.
Financial Overview
For the nine months ended 30 September 2022, Charlotte's Web Holdings Inc revenues totaled $55.3M. Net loss totaled to $24.1M. Results are not comparable due to GAAP change.
Employees: 219 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $122.51M as of Sep 30, 2022
Annual revenue (TTM): $107.20M as of Sep 30, 2022
EBITDA (TTM): -$40.53M as of Sep 30, 2022
Net annual income (TTM): -$190.50M as of Sep 30, 2022
Free cash flow (TTM): -$13.48M as of Sep 30, 2022
Net Debt Last Fiscal Year: $6.86M as of Sep 30, 2022
Shares outstanding: 145,509,372 as of Sep 30, 2022
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization