Can Charlotte's Web Turn Things Around When It Releases Its Q4 Results This Month?
Charlotte's Web (OTC: CWBHF) hasn't officially announced when it will release its fourth-quarter results, but based on last year's schedule, the report will likely come out later this month. It is going to be an important period for the hemp producer, as it will either cap off a disappointing fiscal year or represent the start of a turnaround for the business.
In a cannabis industry that has no shortage of revenue growth, Charlotte's Web has been the exception -- posting relatively stagnant numbers for the past few years. For the stock to get out of its rut, investors will need to see some real, tangible progress from the company in Q4. Here's a recap of the company's struggles and what investors should look for in the next earnings release.
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Source Fool.com
