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-2021 Financial Highlights Vs. The Same Period in 2020
- Net Revenue during the third quart of 2021 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 2021 vs. 23% in the same quarter of 2020. Tincture sales contributed …