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3 Big Problems With Charlotte's Web

TheMotleyFool

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Charlotte's Web (OTC: CWBHF) continues to be a frustrating stock for many cannabis investors to hold. After another uninspiring quarterly performance this month, shares of the company -- which sells hemp-based cannabidiol products -- are down yet again. Year to date, its stock has risen by just 3%, while the Horizons Marijuana Life Sciences ETF is up over 20%. There's a big disconnect between how well the industry is doing and Charlotte's Web stock -- but why?

Investors need to look no further than the company's recent results, which it released on May 11. These are three of the most glaring problems that are visible right from its financial statements.

Image source: Getty Images.

Source Fool.com

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