We’re a long way from the cannabis stock boom of 2018, when Canada’s legalization of the drug sent pot stocks soaring. Today, while many of those companies remain, they’re valued at just a fraction of their former highs. However, in many cases, these companies are now fundamentally stronger, prompting savvy investors to reconsider whether the sector deserves a fresh look after several challenging years.
One such company trading at pennies on the dollar from those 2018 highs is Charlotte’s Web Holdings, Inc. (TSX: CWEB)(OTCQX: CWBHF). The company is in the news today reporting their first year-over-year revenue increase in over three years, marking a significant milestone as the company continues to build on their quarterly growth trend established in 2024.
For the quarter ended March 31, 2025, consolidated net revenue rose 1.1% to $12.3 million from $12.1 million in the same quarter last year. This growth was largely driven by…
