Prominent CBD maker Charlotte’s Web Holdings is pointing to market saturation, legal uncertainty and rising expenses as it reported a loss of $11.5 million last quarter. A year ago, the Boulder, Colorado, company reported a profit of $2.5 million. Charlotte’s Web reported revenue last quarter of $21.5 million, down about 1% from the same period last […]
Charlotte’s Web cites falling revenues, higher expenses as it turns in loss for Q1 is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
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