Charlotte's Web Investors Need Not Panic

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About: Charlotte's Web Holdings, Inc. (CWBHF)
by: SKK Investments
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SKK Investments
Long/short equity, Growth, momentum, event-driven
Summary

Charlotte's Web shares sold off sharply over the past few days due to news of an equity issuance and a statement from the FDA.

We believe that management is taking the right steps to grow the company and protect its share of the CBD market.

Market fears are overblown and create another buying opportunity.

Introduction

Charlotte's Web (OTCQX:CWBHF) shares have sold off sharply over the past week after running up to ~$12 due to two events: a statement by the FDA warning the public of the dangers