Charlotte’s Web Reports 2023 First Quarter Financial Results

Net cash of $61M Net revenue of $17M decreased 12.1% YoY 14% YoY reduction in operating expenses LOUISVILLE, Colo., May 12, 2023 /PRNewswire/ – (TSX: CWEB) (OTCQX: CWBHF), Charlotte’s Web Holdings, Inc. (“Charlotte’s Web” or the “Company”), the market leader in full spectrum hemp extract…