The Analyst:
In a recent analyst note, Pablo Zuanic from Cantor Fitzgerald remained Neutral and lowered the 12-month price target price of Charlotte's Web Holdings Inc. (OTC: CWBHF) to $1.50 from $3.45, based on CBD sectoral derating and reduced sales estimates.
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.
The Best Daily Pre-Market Overview Of The Cannabis Space
Michigan cannabis sales up 58.8% year over year.
MSOS ETF continues to see a strong volume.
Q3 Earnings Continue for Cannabis Stocks: