Charlotte’s Web’s 3Q loss unchanged, revenue down

Charlotte’s Web’s 3Q loss unchanged, revenue down

Charlotte’s Web Holdings (TSX: CWEB), a Louisville-based maker of hemp-derived CBD wellness products, has reported an unchanged net loss and a lower revenue for the third quarter, amid a series of strategic moves. The company on Wednesday reported a net loss of $5.8 million for the quarter ended Sept. 30, which was unchanged from the same quarter a year ago. However, revenue was reported at $11.5 million, down from $12.6 million in the same quar…