CBD Pioneer Charlotte’s Web Narrows Loss In Q3, Focuses On Long-Term Growth
Charlotte’s Web Holdings, Inc. (TSX:CWEB) (OTCQX:CWBHF) a producer of hemp-derived CBD and other botanical wellness products, reported its financial results on Thursday for the third quarter ended Sept. 30, 2024.
“Our return to quarter-over-quarter growth in 2024 signals that our strategic direction is paying off,” said Bill Morachnick, CEO of Charlotte’s Web. “We’ve seen positive impacts from our e-commerce platform upgrades, recent product launches, and additional retailers, highlighted by our new partnership with Walmart that brings our CBD topicals to another 827 stores.”
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