---
schema_version: "secwatch.filing_event.v1"
accession: "0001279569-22-001879"
form_type: "8-K"
ticker: "CWBHF"
cik: "0001750155"
company_name: "Charlotte's Web Holdings, Inc."
filed_at: "2022-11-14T23:59:59+00:00"
generated_at: "2026-06-21T20:46:21.741175+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Charlotte's Web Q3 revenue down 28% YoY to $17M; operating loss improves, adjusted EBITDA positive

## Summary
- Net revenue $17.0M, down 28.1% from $23.7M in Q3-2021; B2B revenue fell 38.1%.
- Operating loss improved 58.2% to $3.9M vs $9.4M a year ago; adjusted EBITDA positive $0.6M vs -$4.8M.
- Cash increased to $16.5M from $14.8M at June 30; net cash from operations -$2.6M YTD.
- Named official CBD of Major League Baseball on Oct 12; launched NSF-certified Sport line.
- Distribution deals with Cardinal Health, Southern Glazer, and Tilray alliance for Canadian market.

## SEC filing metadata
- accession: 0001279569-22-001879
- form_type: 8-K
- ticker: CWBHF
- cik: 0001750155
- company_name: Charlotte's Web Holdings, Inc.
- filed_at: 2022-11-14T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1750155/000127956922001879/0001279569-22-001879-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1750155/000127956922001879/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001279569-22-001879
- JSON: https://secwatch.observer/filing/0001279569-22-001879.json
- Plain text: https://secwatch.observer/filing/0001279569-22-001879.txt

## Key facts
- Earnings Releases
  Charlotte's Web Holdings, Inc. reported third quarter ended September 30, 2022 results: revenue $17.0 million, net income $7.6 million, EPS ($0.05) per share.
  - Period: third quarter ended September 30, 2022
  - Revenue: $17.0 million
  - Net income: $7.6 million
  - EPS: ($0.05) per share
  - Result: reported results
  source text: Q3-2022 Financial Review For the three-month period ended September 30, 2022, net revenue was $17.0 million, a decrease of 28.1% versus $23.7 million in Q3-2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1750155/000127956922001879/0001279569-22-001879-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.