Charlotte's Web Net Revenue Declines 22.8% To $74.1M, What About Profit?
Charlotte's Web Holdings, Inc. (OTCQX: CWBHF) (TSX:CWEB) net revenue for the twelve months ended December 31, 2022, was $74.1 million, a decrease of 22.8% from $96.1 million in 2021, due to lower DTC and B2B sales.