Company Overview

Company name: Charlotte’s Web Hemp (CNQ: CWEB)
Description: Manufacturer and Producer of hemp products intended to reduce body stress and regulate metabolism. The company’s products include hemp oil and capsules rich in cannabinoids and neuroprotectants which are antioxidants, enabling individuals to get better regulation of metabolism, central nervous, immune and endocannabinoid systems.
Year founded: 2013
Parent company:
Industry: Consumer Products and Services (B2C) | Group: Consumer Non-Durables | Code:
Employees: 226
City: Denver
State: Colorado
Country: United States
Region: Americas

Financial Highlights

Start up capital raised (USD Million): 75.69
Business status: Profitable
Ownership: Publicly Held
Exchange: CNQ
Ticker: CWEB
Revenue (USD Million): 40.01
Gross profit (USD Million): 29.94
Net income (USD Million) 7.48
Enterprise value:
Earnings before interest, tax, depreciation and amortization (EBITDA): 12.72
Fiscal period: FY 2017
Financing Status: The company raised CAD 100.1 million in its initial public offering on the Canadian National Stock Exchange under the ticker symbol of CWEB on August 30, 2018. A total of 14,300,000 shares were sold at CAD 7 per share. After the offering, there was a total of 92,846,395 outstanding shares at CAD 7 per share, valuing the company at CAD 649.92 million. In the offering, the company sold 13,312,150 shares and the selling shareholders sold 987,850 shares. The underwriters were granted an option to purchase up to an additional 2,145,000 shares from the company and selling shareholders to cover over-allotments, if any.
Number of active investors:
Profile last updated: 14-Sep-2018
Last known valuation: 498.29
Last known valuation date: 30-Aug-2018