Charlotte’s Web Sales Fell in 2022 as CBD Demand Fades

Green Market Report
By Adam JacksonMar 23, 2023, 3:01 pm101 pts
Despite inking major deals, Charlotte’s Web Holdings, Inc. (TSX: CWEB) (OTCQX: CWBHF) saw falling revenue in 2022 due in part to waning demand in an increasingly saturated cannabidiol (CBD) industry. The hemp extract wellness company, which is the largest in the world, reported financial results for the…

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