Charlotte's Web Reports Q3-2021 Increased Sales Volumes, Improved Profit And Operating Margins

Denver-based, Charlotte's Web Holdings Inc. (TSX: CWEB) (OTCQX: CWBHF), a leading firm in full-spectrum hemp extract wellness products, reported financial results on Monday for the third quarter ended September 30, 2021.

Third Quart- Financial Highlights Vs. The Same Period in 2020

  • Net Revenue during the third quart of was $23.7 million vs. $25.2 million in the same period of 2020, with increased unit sales offset by product and channel mix.
  • Gummy sales contributed 30% in the third quarter of vs. 23% in the same quarter of 2020. Tincture sales contributed …

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