Stay Away from These 4 CBD Stocks
CGC – The cannabis industry has been seeing plenty of new opportunities off late thanks to increasing legalization in the United States and the increasing use of Cannabidiol (CBD). However, growing concerns surrounding the legality of CBD in dietary supplements could negatively affect the sales of CBD producers. This, along with uncertainty surrounding the legalization of marijuana at the federal level in the U.S., makes the prospects bleak for financially weak CBD stocks Canopy Growth (CGC), Village Farms (VFF), Charlotte’s Web Holdings (CWBHF), and Neptune Wellness Solutions (NEPT). Let’s discuss.
May 18, 2021
Cannabidiol (CBD) has gained immense popularity recently owing to its growing use in various sectors, such as healthcare, cosmetics and wellness, food and additives. However, a persistent confusion related to CBD and its benefits, coupled with uncertainty surrounding the l
Operator
Good day and thank you for standing by. Welcome to the Charlotte s Web Holdings Inc. first-quarter conference call. [Operator instructions] I would now like to hand the conference over to your speaker today, Cory Pala, investor relations.
Please go ahead.
Investor Relations
Thank you, Megan. Good morning and thank you, everyone for joining us for our 2021 first-quarter earnings conference call for Charlotte s Web Holdings. My name is Cory Pala, director of investor relations. Leading the call today is Charlotte s Web s CEO, Deanie Elsner; and CFO, Russ Hammer.
The earnings press release, financial statements and our first quarter for our first quarter as well as our MD&A can be found on the investor relations of our website now, and these have all been filed on sedar.com. On today s call, Deanie will share some high-level comments on today s earnings results, an update on the business, and Russ will provide more detail around the financial results. We will take questi
When Charlotte s Web Holdings Inc. (OTC: CWBHF)(TSX: CWEB) agreed to buy Abacus Health Products Inc. (CSE: ABCS) in March, expectations were high. Abacus is a market-leading player in OTC topical products combining active pharmaceutical ingredients with hemp extract, Charlotte s. Read More. Don t Miss Any Updates! News Directly in Your Inbox Subscribe to: