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Charlottes Web Holdings Inc (QX)

Charlottes Web Holdings Inc (QX) (CWBHF)

0.1434
0.00
(0.00%)
Closed June 21 4:00PM

Professional-Grade Tools, for Individual Investors.

Key stats and details

Current Price
0.1434
Bid
0.1425
Ask
0.1434
Volume
-
0.00 Day's Range 0.00
0.121 52 Week Range 0.47
Previous Close
0.1434
Open
-
Last Trade
Last Trade Time
Average Volume (3m)
166,722
Financial Volume
-
VWAP
-

CWBHF Latest News

"Legalize Marijuana" Comments from VP Harris Send Shares of this Dually-Listed Hemp Leader Higher

Shares of this hemp extract market leader took off yesterday following comments earlier in the week from Vice President Kamala Harris that the U.S. needs to “legalize marijuana.” To...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.0066-4.40.150.16680.13021298400.14893775CS
4-0.0206-12.56097560980.1640.180.13021073290.16199606CS
12-0.0566-28.30.20.270.13021667220.1979147CS
26-0.0586-29.00990099010.2020.270.1212473560.18006275CS
52-0.0376-20.7734806630.1810.470.1212137920.21950741CS
156-3.8541-96.41275797373.99754.110.1212350980.88360151CS
260-14.9927-99.052596111315.136123.90.1213452794.89163135CS

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CWBHF Discussion

View Posts
ap17 ap17 15 hours ago
.10 ea coming, wait a bit longer to get 3 for a quarter.
👍️0
N.C.LUCKY(7) N.C.LUCKY(7) 22 hours ago
It will hit 0.10 in July.. Great buying opportunity an the closer we get to November elections the cannabis sector will start heating up...
👍️0
Wolf-man jack Wolf-man jack 4 days ago
Another Cash Burn 🔥 In The Anus YQU Understand. Who takes his place, Smokey Joe? Have Mercy WQLF Ahooooooo

http://archive.fast-edgar.com/20240614/AWZZV62CZ22BRZZ222242ZZZQU79ZZTS4262/

Wolfman Jack Says: CWBHF Shareholders get humped over again YQU Understand. Have Mercy Ahooooooo

👍️ 1 🔟 1 ☠️ 1 ⬇️ 1
Wolf-man jack Wolf-man jack 5 days ago
In my opinion, It doesn’t appear that BAT is investing in OGI and CWBHF for any other reason, but to make sure their investments are protected. Most likely there would be no mergers planned for the two entities along with BAT. Poison pills 💊 in both agreements. But agreements can be negotiated for any and all reasons as long as both parties agree. The recent tranche of funds for the Jupiter program of acquiring other cannabis companies could prove me wrong. With the limited amount of funds available, they are considering smaller companies. Unless, they offer equity and stock for any possible acquisition of CWBHF by OGI.

“ BAT will subscribe for 12,893,175 million shares on the closing of the first tranche (currently expected to be on or around January 16, 2024) for gross proceeds of C$41.5 million with the remaining 25,786,350 shares to be subscribed for in two further equal tranches on or around August 30, 2024 and February 28, 2025.

To the extent BAT exceeds 30.0% holding of outstanding Common Shares, it will be issued non-voting Class A convertible preferred shares ("Preferred Shares"). Accordingly, in aggregate, based on Organigram’s current 81,161,630 Common Shares outstanding, 12,999,231 Common Shares will be issued, and the remaining 25,680,294 shares will be initially issued as Preferred Shares. The Preferred Shares will be eligible for conversion into voting Common Shares at BAT’s option, provided that such conversion would not result in BAT’s voting interest in the Company exceeding 30%.

In connection with the closing of the first tranche of the Investment and subject to approval by Organigram’s shareholders, the Company will file articles of amendment to create the new class of Preferred Shares to be issued to BAT in the Investment.

Class A Preferred Shares

Each Preferred Share shall be economically equivalent to a Common Share and will be convertible into Common Shares at the option of BAT without payment of any additional consideration. The conversion ratio shall initially be one-for-one, and post-issuance shall increase at a rate of 7.5% per annum, compounded annually, until such time as the Preferred Shares are converted into Common Shares or the aggregate equity interest of BAT in Organigram (inclusive of both the Common Shares and Preferred Shares as if converted into Common Shares) reaches 49%. BAT shall be periodically required to convert Preferred Shares to the extent that it holds less than 30% of the Common Shares outstanding”
🇨🇦 1 🇺🇲 1 👍️ 1 ☠️ 1
Wolf-man jack Wolf-man jack 5 days ago
“Investor Rights Agreement, dated November 14, 2022, by and between Charlottes Web Holdings, Inc. and BT DE Investments, Inc. a wholly-owned subsidiary of BAT Group“

https://contracts.justia.com/companies/charlottes-web-holdings-inc-14559/contract/261689/

“ Since March 2021, Organigram’s partnership with BAT has gone from strength-to-strength, most significantly the progress achieved as part of the PDC agreement.”

https://finance.yahoo.com/news/organigram-announces-c-124-6-110000751.html

“BT DE INVESTMENTS INC. ACQUIRES STAKE IN CHARLOTTE'S WEB HOLDINGS, INC.
NEWS PROVIDED BY
BT DE Investments Inc.
Nov 15, 2022, 08:19 ET
WILMINGTON, Del., Nov. 15, 2022 /CNW/ - BT DE Investments Inc. (the "Purchaser") announced today that it has acquired (the "Transaction") C$75,341,080 aggregate principal amount of a 5.00% senior unsecured convertible debenture due 2029 (the "Convertible Debenture"), which is convertible, in whole or in part, at any time and from time to time, into 37,670,540 common shares (the "Common Shares") of Charlotte's Web Holdings, Inc. (the "Issuer") at a price of C$2.00 per Common Share (the "Conversion Price"). The Convertible Debenture provides for the adjustment of the Conversion Price in certain customary events. The Purchaser is a wholly owned indirect subsidiary of British American Tobacco p.l.c.

Immediately prior to the Transaction, the Purchaser did not have beneficial ownership of any securities of the Issuer. Immediately after the Transaction, and assuming the conversion of the Convertible Debenture in full, the Purchaser acquired beneficial ownership of 37,670,540 Common Shares, representing approximately 19.9% of the issued and outstanding Common Shares (calculated on a non-diluted basis).”

“ The Purchaser entered into the Transaction as part of an investment in the Issuer and intends to review its investment in the Issuer on a continuing basis. The Purchaser may, subject to the terms of the investor rights agreement entered into between the Purchaser and the Issuer dated November 14, 2022, depending upon a number of factors including market and other conditions, increase or decrease its beneficial ownership, control, direction or economic exposure over securities of the Issuer.”


https://www.newswire.ca/news-releases/bt-de-investments-inc-acquires-stake-in-charlotte-s-web-holdings-inc--851723097.html

This statement would allow BAT to bring OGI and CWBHF together as a merger opportunity. Depending on the BAT and OGI agreement, which I haven’t researched, then BAT may be able to bring both entities under the BAT Umbrella.

“ The Purchaser may not convert the Convertible Debenture, in whole or in part, if and to the extent that, as a result of such conversion, the Purchaser would beneficially own or exercise control or direction over in excess of 19.9% of the number of Common Shares outstanding immediately after giving effect to such conversion.”
🇨🇦 1 🇺🇲 1 👍️ 1 ☠️ 1
cashbyers cashbyers 6 days ago
Good points! Thanks for your thoughts
🇨🇦 1 🇺🇲 2 👍️ 1
Wolf-man jack Wolf-man jack 6 days ago
WQLF SAYS; It there is a likelihood of a Merger, it would be OGI acquiring CWBHF. This would be more feasible if BAT converts CWBHF debt into CWBHF Equity / shares. This would allow more leverage for shareholder approval of any M&A between OGI and CWBHF. If CWBHF sales continue on their current downward trajectory, and the continuation of large increases in Cash burn, then the merger and acquisition will have to go into effect. The lower the price per share of CWBHF will benefit OGI and BAT. In my opinion, the current and future CWBHF shareholders will be the losers in the long run if this is what BAT has in mind. The bottom price per share of CWBHF in the near future could end up between 10 and 15 cents.

“ Most of the money will be used by Organigram to fund a strategic investment pool named Jupiter, which will target investments in emerging cannabis markets.”

https://mjbizdaily.com/tobacco-giants-124-million-investment-in-marijuana-firm-organigram-approved/

CWBHF

Balance Sheet
Total Cash (mrq) 38.51M
Total Cash Per Share (mrq) 0.25
Total Debt (mrq) 60.14M
Total Debt/Equity (mrq) 128.86%
Current Ratio (mrq) 3.48
Book Value Per Share (mrq) 0.30
👍️ 1 🔟 1 ☠️ 1 ⬇️ 1
Wolf-man jack Wolf-man jack 7 days ago
https://finance.yahoo.com/news/charlottes-announces-shareholder-meeting-voting-132800795.html

Cashburners Said; How LOW Can YQU Go?

Don’t overlook this underwater synergy!

Wolfman Jack Said; Jack Be Nimble Jack Be Quick YQU Understand. Have Mercy Ahooooooo

👍️ 1 🔟 1 ☠️ 1 ⬇️ 1
ap17 ap17 7 days ago
How low will it go??
👍️ 1 ☠️ 1
cashbyers cashbyers 1 week ago
Don’t overlook this undervalued synergy!

British American Tobacco already has existing deals with both Charlottes Web Holdings $CWBHF and Organigram Holdings $OGI… There are a few possibilities for how BAT could leverage its partnerships with both companies:

Joint Investment: BAT, Charlottes Web, and Organigram could collaborate on a joint venture or even a merger (depending on regulations) to create a larger cannabis and CBD company. This would require significant planning and navigating potential regulatory hurdles.”

Market Expansion: BATs global reach could be valuable for both Charlottes Web and Organigram. BAT could help them enter new markets where cannabis or CBD products are legal. For example, BAT might leverage its existing distribution channels for these products.

Knowledge Sharing: BAT could act as a bridge between the two companies, facilitating knowledge sharing and best practices in areas like marketing, regulatory compliance, and cultivation techniques.
💩 1 🔟 1 ☠️ 1 ⬇️ 1
Wolf-man jack Wolf-man jack 2 weeks ago
CWBHF is Turning Japanese YQU Understand. Besides the Nose, It’s the only thing getting larger. Have Mercy WQLF Ahooooooo

https://www.newsmax.com/health/health-news/spider-venomous-flying/2024/06/04/id/1167457/
🇯🇵 1 👍️ 1 😉 1 🤣 1
Wolf-man jack Wolf-man jack 1 month ago
https://finance.yahoo.com/news/earnings-release-heres-why-analysts-122951369.html
💀 1 💩 1 ⌛️ 1 ⚠️ 1
Wolf-man jack Wolf-man jack 1 month ago
Found my sign yesterday. A dime on the road dated 2014 the year my mother passed and left for heaven YQU Understand. A Dime for CVSI as well. Have Mercy WQLF Ahooooooo

This could be a Plus for CVSI Pro CBD in the present and future.

https://www.oann.com/newsroom/house-reps-introduce-bipartisan-legislation-to-ban-toxic-chemicals-from-cosmetics-and-personal-care-products/
🇨🇦 1 🇺🇲 1 👍️ 1 💥 1
ap17 ap17 1 month ago
dime coming?
👍️ 1 🔟 1 ⬇️ 1
Wolf-man jack Wolf-man jack 1 month ago
⬇️ YIKES ⬇️

https://investors.charlottesweb.com/press-releases/press-release-details/2024/Charlottes-Web-Reports-2024-First-Quarter-Financial-Results/default.aspx
👍️ 2 ⌛️ 1 ☠️ 1
oystersnbeer oystersnbeer 2 months ago
US drug control agency will move to reclassify marijuana in a historic shift

The U.S. Drug Enforcement Administration will move to reclassify marijuana as a less dangerous drug, The Associated Press has learned, a historic shift to generations of American drug policy that could have wide ripple-effects across the country.

The DEA’s proposal, which still must be reviewed by the White House Office of Management and Budget, would recognize the medical uses of cannabis and acknowledge it has less potential for abuse than some of the nation’s most dangerous drugs. However, it would not legalize marijuana outright for recreational use.

The agency’s move, confirmed to the AP on Tuesday by five people familiar with the matter who spoke on the condition of anonymity to discuss the sensitive regulatory review, clears the last significant regulatory hurdle before the agency’s biggest policy change in over 50 years can take effect.

Once OMB signs off, the DEA will take public comment on the plan to move marijuana from its current classification as a Schedule I drug, alongside heroin and LSD. It moves pot to Schedule III, alongside ketamine and some anabolic steroids, following a recommendation from the federal Health and Human Services Department. After the public-comment period the agency would publish the final rule.

Read more: https://apnews.com/article/marijuana-biden-dea-criminal-justice-pot-f833a8dae6ceb31a8658a5d65832a3b8
👍️ 1 💩 1 ☠️ 1
ap17 ap17 2 months ago
yep.
👍️ 1 ☠️ 1
Wolf-man jack Wolf-man jack 2 months ago
https://www.sec.gov/Archives/edgar/data/1750155/000127956924000477/charlottedefa14a.htm
👍️ 1 😪 2 🤫 1
Wolf-man jack Wolf-man jack 2 months ago
https://finance.yahoo.com/news/charlottes-host-virtual-annual-general-121000432.html
👍️ 1 😪 2 🤫 1
Wolf-man jack Wolf-man jack 2 months ago
https://finance.yahoo.com/news/charlottes-2024-first-quarter-earnings-131000187.html
👍️ 1 🤓 1 🤫 1 ☠️ 1
Wolf-man jack Wolf-man jack 2 months ago
Why WE Wonder
👍️ 1 ☠️ 1
Wolf-man jack Wolf-man jack 2 months ago
Not good
👍️ 1 ☠️ 1
Wolf-man jack Wolf-man jack 2 months ago
Thank you 🙏
👍️ 1 ☠️ 1
Wolf-man jack Wolf-man jack 2 months ago
CWBHF either BK or Hostile Takeover by the Bloody Brits Cancer Company YQU Now Understand YQU Understand. Have Mercy Capiche WQLF ahoooooooo

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174281764
👍️ 1 😩 2 🤣 1
Gladys Thong Gladys Thong 2 months ago
CWBHF vs CVSI and DJTWW since March28 post



CWBHF: UP 10%

vs MaxwellE favorites:

CVSI: DOWN 10%
DJTWW: DOWN 70%

🐂 1 👍️ 1 👎️ 1 💩 1 🤡 1
Thomas@yahoo Thomas@yahoo 3 months ago
SOMEONE SUGGESTED I SHARE THE 10k SO ANY POTENTIAL INVESTORS CAN READ THE LENGTHY RISK FACTORS SUMMARY WITH STRUGGLING CHARLOTTES WEB.
https://www.sec.gov/ix?doc=/Archives/edgar/data/1750155/000175015524000027/cweb-20231231.htm
👍️ 1 ☠️ 1
MADDSTACKER MADDSTACKER 3 months ago
Keep posting price going up , thank you
👎️ 1
MADDSTACKER MADDSTACKER 3 months ago
How can they when it’s there website , sounds like a bs lawsuit
👎️ 1
Thomas@yahoo Thomas@yahoo 3 months ago
Charlottes Web fine would exceed $5 Million.
https://hemptoday.net/wp-content/uploads/2024/04/jurdi-v-charlottes-web-inc.pdf
👍️ 1 ☠️ 1
Thomas@yahoo Thomas@yahoo 3 months ago
STRUGGLING CBD MAKER CHARLOTTES WEB EAVESDROPPED ON WEBSITE USERS, LAWSUIT ALLEGES.
https://hemptoday.net/struggling-cbd-maker-charlottes-web-eavesdropped-on-website-users-lawsuit-alleges/
👍️ 1 ☠️ 1
2TimeTrader 2TimeTrader 3 months ago
Looks like the price is baked in , if it holds these levels
till fall , could be in for a nice run Nov threw new years...
👎️ 1 ☠️ 1
MaxwellE MaxwellE 3 months ago
$.19 is still a little to high for this POS...M
👍️ 2
oilfieldmafia oilfieldmafia 3 months ago
Cheap shares huh....
👎️ 1 💩 1
2TimeTrader 2TimeTrader 3 months ago
FDA says medical Marijuana has legitimate Medicinal Purpose... 4 Days ago... https://www.abcactionnews.com/news/national/fda-says-marijuana-has-a-legitimate-medicinal-purpose
👍️ 1
2TimeTrader 2TimeTrader 3 months ago
Yea this will.get u cheap shares... Told u.. CBD-Focused Charlotte's Web Narrows Net Loss 75% YoY In Q4, Reports Drop In Revenue https://www.benzinga.com/markets/cannabis/24/03/37871894/cbd-focused-charlottes-web-narrows-net-loss-75-yoy-in-q4-reports-drop-in-revenue
💩 1 ☠️ 1
2TimeTrader 2TimeTrader 3 months ago
If Earnings numbers are bad on the 21st this is gonna dip.. Have cash ready to seize the opportunity.... Cheap shares
💩 1 ☠️ 1
GE_Jim GE_Jim 4 months ago
FYI- https://www.marijuanamoment.net/fda-official-says-agency-is-actively-exploring-cbd-regulations-as-it-continues-to-monitor-kratom/
👍️0
2TimeTrader 2TimeTrader 4 months ago
Mid summer this should be scraping under 0.10 and shares will be scooped up in blocks... An when big news comes those with bottom positions gonna clean up....
👍️ 1 ☠️ 1
GE_Jim GE_Jim 4 months ago
Hey Darth, just trying to catch up some. Back to 1 you say, no reason to respond to this one, save for a more important subject.
👎️ 1 🤥 1
DarthYoda DarthYoda 4 months ago
The "Autism" trend chart is even more shocking than the earlier chart for ASD, "Autism Spectrum Disorder"...
Does anyone have any politically correct explanations for this chart?...
"Autism"
https://trends.google.com/trends/explore?date=all&geo=US&q=%2Fg%2F121kwpxw&hl=en-US
💲 1 ☠️ 1
Wolf-man jack Wolf-man jack 4 months ago
WQLF SAYS: Great News for CV Sciences stock YQU Understand. Have Mercy Ahooooooo

The MLB sponsorship was a Biggly mistake and is going to continue burning cash to the point that the Pps will continue to plunder. BAT should just make an offer to buyout the itsy itsy bitsy spider web company. In my opinion, It seems that there is an intentional manipulation of the company stock in order to lower its market cap for a possible BAT friendly takeover was their plan from the start. BAT would be foolish to pump more monies into this losing game company. Why not just take over the company and merge the other company. That would allow BAT to bring back one of the seven hostile dwarfs. Glad to have you back. My good riddance remark was the key for your return we do Understand YQU Understand. Lollipops 🍭 Have Mercy WQLF Ahooooooo

WOLFMAN JACK SAID;


🇵🇱 1 🇺🇸 2 👍️ 1 💩 1
DarthYoda DarthYoda 4 months ago
That ASD trend chart shocked me. It should be on the news.
💲 1 ☠️ 1
DarthYoda DarthYoda 4 months ago
OMG...ASD...https://trends.google.com/trends/explore?date=all&geo=US&q=%2Fm%2F02p3f5&hl=en-US
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DarthYoda DarthYoda 4 months ago
"Could an NLRP3 inhibitor be the one drug to conquer common diseases?":
February 17, 2020
https://cen.acs.org/pharmaceuticals/drug-discovery/Could-an-NLRP3-inhibitor-be-the-one-drug-to-conquer-common-diseases/98/i7
💲 1 ☠️ 1
DarthYoda DarthYoda 4 months ago
CBD's range of powers should make more sense now...
"Pharma Looks to Inflammasome Inhibitors as All-Around Therapies":
Apr 1, 2021
Many major biopharmaceutical companies are developing or acquiring drugs that target the NLRP3 inflammasome, a large intracellular complex that researchers say can spark inflammation and stoke diseases of lifestyle and aging.


https://www.the-scientist.com/pharma-looks-to-inflammasome-inhibitors-as-all-around-therapies-68582
"...finding drugs to selectively stop NLRP3 will be difficult."
https://cen.acs.org/pharmaceuticals/drug-discovery/Could-an-NLRP3-inhibitor-be-the-one-drug-to-conquer-common-diseases/98/i7
"...we emphasize the capacity of cannabidiol to suppress inflammation by blocking the NLRP3 signaling pathway..."
https://link.springer.com/article/10.1007/s00011-023-01831-y
💲 1 ☠️ 1
Fangster Fangster 4 months ago
CW still advertising on Fox News tonight. Been seeing the commercials in the mornings but first time in prime time.

I like it!!!
👍️ 1 💲 1 ☠️ 1
DarthYoda DarthYoda 4 months ago
Hmmm...Pericarditis...https://trends.google.com/trends/explore?date=all&geo=US&q=%2Fm%2F032snl&hl=en-US
💲 1 ☠️ 1
DarthYoda DarthYoda 4 months ago
Recreate+MLB+PLL website looking good...
https://recreateyou.com/mlb
https://recreateyou.com/pll
💩 1 ☠️ 1
DarthYoda DarthYoda 4 months ago
"Farmers, businesses push back on Florida Republicans' efforts to restrict THC products"
Feb 16, 2024
https://www.orlandoweekly.com/cannabis/farmers-businesses-push-back-on-florida-republicans-efforts-to-restrict-thc-products-36201768
😆 1 ☠️ 1
DarthYoda DarthYoda 4 months ago
Same goes for ASD..."Multiple inflammasome complexes are activated in autistic spectrum disorders":
2016 Mar 12
Abstract
Background: Inflammasomes are multimeric protein platforms involved in the regulation of inflammatory responses whose activity results in the production of proinflammatory cytokines. Because neuroinflammation is observed in autistic spectrum disorders (ASD), a neurologic condition of childhood resulting in a complex behavioural impairment, we analyzed the inflammasomes activity in ASD. Additionally we verified whether alterations of the gastrointestinal (GI) barriers might play a role in inflammasomes activation.

Methods: The activity of the inflammasomes, the concentration of the inflammasomes-derived proinflammatory cytokines interleukin (IL)-1ß and IL-18, and serum parameters of GI damage were analyzed in 25 ASD children, 23 healthy siblings (HS) and 30 unrelated age-matched healthy controls (HC).

Results: A significant upregulation of the AIM2 and the NLRP3 inflammasomes and an increased production of IL-1ß and IL-18 that was associated with a consistent reduction of IL-33, an anti inflammation cytokine were observed in ASD alone. Notably, in a possible immune-mediated attempt to dampen inflammation, IL-37, a suppressor of innate inflammatory responses, was significantly augmented in these same children. Finally, intestinal fatty acid binding protein (IFABP), an index of altered GI permeability, was significantly increased in serum of ASD and HS.

Conclusions: These results show that the inflammasomes are activated in ASD and shed light on the molecular mechanisms responsible for ASD-associated neuroinflammation. The observation that GI alterations could be present as well in ASD offers a possible link between such alterations and neuroinflammation. Therapeutic strategies targeting inflammasome activation could be useful in ASD.
https://pubmed.ncbi.nlm.nih.gov/26979869/
💲 1 ☠️ 1

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