Published on 21 Mar 2024 on Benzinga
...YoY In Q4, Reports Drop In Revenue - Charlottes Web Holdings (OTC:CWBHF), Direxion Daily CSI...
Charlotte’s Web Holdings, Inc. CWEB CWBHF reported its financial results on Thursday for the fourth quarter and year ended Dec. 31, 2023.
The Colorado-based hemp extract wellness producer reported a 16% year-over-year decrease in fourth-quarter consolidated net revenue to $15.9 million. The company said both retail and e-commerce revenues lower year-over-year.