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CHARLOTTES WEB HLDGS INC - $CWBHF STOCK NEWS

Welcome to our dedicated page for CHARLOTTES WEB HLDGS news (Ticker: $CWBHF), a resource for investors and traders seeking the latest updates and insights on CHARLOTTES WEB HLDGS stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect CHARLOTTES WEB HLDGS's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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Charlotte's Web Holdings, Inc. announces details of its upcoming 2024 Annual General and Special Meeting of Shareholders, proposing to establish six directors and elect new nominees. The meeting will be held virtually on June 13, 2024, with shareholders able to vote online. Current directors are appreciated for their contributions, with John Held not standing for reelection. Newly proposed directors include notable industry figures. The Board aims to continue its growth trajectory through strategic appointments.

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End-of-Day
-2.75%
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conferences
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Rhea-AI Summary
Charlotte's Web Holdings, Inc. will release its 2024 first-quarter results on May 8, 2024, followed by a conference call at 11:00 A.M. Eastern Time. Investors can join the call via phone or webcast. A replay will be available until May 15, 2024.
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Rhea-AI Sentiment
End-of-Day
-3.23%
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Rhea-AI Summary
Charlotte's Web Holdings, Inc. reported its financial results for Q4 and year-ended December 31, 2023, focusing on True North initiative, eCommerce platform enhancements, brand consolidation, and price adjustments. The company aims to transform the consumer journey, reinforce retail partnerships, amplify its voice, and identify cost efficiencies. Despite a decrease in revenue, Charlotte's Web maintained healthy gross margins and improved operational efficiencies. The company also introduced new products like Stay Asleep CBN gummies and reduced prices on CBD oils to enhance consumer accessibility. Financially, the company reported a net loss for Q4 2023 but showed improvements in gross profit margins and SG&A expenses.
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Rhea-AI Sentiment
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-10.26%
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Rhea-AI Summary
Charlotte's Web Holdings, Inc. launches 'Stay Asleep' CBN Gummies, a research-backed sleep formula to address poor sleep. The gummies are the first CBN sleep product supported by a rigorous peer-reviewed study, offering 20mg of CBN. Crafted under the leadership of Dr. Marcel Bonn-Miller, the gummies are non-GMO, gluten-free, kosher, and vegan-friendly, targeting the 67% of adults experiencing sleep disruptions. Priced at $29.99 for 30-count, $44.99 for 60-count, and $56.00 for 90-count, the gummies aim to revolutionize wellness by providing quality and uninterrupted sleep.
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Rhea-AI Sentiment
End-of-Day
12.85%
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none
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Rhea-AI Summary
Charlotte's Web Holdings, Inc. will release its 2023 fourth quarter and year-end results on March 21, 2024. The market leader in CBD hemp extract products invites stakeholders to join the conference call to discuss the financial performance.
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End-of-Day
1.18%
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Charlotte's Web Holdings, Inc. appoints former Ben & Jerry's CEO Matthew E. McCarthy to its Board of Directors. McCarthy brings extensive experience in leading consumer-focused brands and a commitment to sustainable and ethical business practices, which aligns with Charlotte's Web's values. His background in the CPG sector, brand building, strategic planning, market analysis, and consumer engagement will be invaluable as the company expands its footprint in the wellness market.
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Rhea-AI Sentiment
End-of-Day
-8.14%
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management
Rhea-AI Summary
Charlotte's Web Holdings, Inc. (CWEB) and AJNA BioSciences PBC have announced the commencement of the First-in-Human Phase 1 clinical trial for AJA001, a full-spectrum botanical drug. The study aims to examine the safety, tolerability, pharmacokinetics, and pharmacodynamics of a full spectrum hemp oil extracted from one of Charlotte's Web's patented hemp cultivars. The study is expected to involve around 64 participants, with preliminary results expected in the first quarter of 2024. AJA001 leverages Charlotte's Web's proprietary hemp genetics and has potential therapeutic applications across various medical conditions due to its varied mechanisms of action.
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Rhea-AI Sentiment
End-of-Day
-0.95%
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Rhea-AI Summary
Charlotte's Web Holdings, Inc. (CWEB) advocates for CBD regulation at Capitol Hill, aiming to address supply chain bottleneck. Industry experts and advocates join the ONE HEMP coalition to provide sensible policy solutions for a safe, standardized CBD industry. The company seeks to secure committee hearings with Energy & Commerce and Senate HELP for FDA regulation of CBD products as dietary supplements.
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5%
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none
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Rhea-AI Summary
Charlotte's Web Holdings, Inc. (TSX: CWEB) (OTCQX: CWBHF) reported Q3 financial results and announced the appointment of new CEO Bill Morachnick. The CEO aims to streamline the organization, upgrade operational platforms, and improve the e-commerce experience. The company is also part of ONE HEMP, a coalition advocating for sensible dietary supplement regulation for CBD products. Charlotte's Web has made progress with in-house production of topical products and gummies, and has seen significant exposure through partnerships with professional sports leagues.
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Rhea-AI Sentiment
End-of-Day
-0.42%
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Rhea-AI Summary
Charlotte's Web appoints Angela McElwee, former CEO of Gaia Herbs, to Board of Directors
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Rhea-AI Sentiment
End-of-Day
4%
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management
CHARLOTTES WEB HLDGS INC

OTC:CWBHF

CWBHF Rankings

CWBHF Stock Data

33.42M
110.22M
11.16%
5.23%
Medicinal and Botanical Manufacturing
Manufacturing
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United States of America
Louisville