---
schema_version: "secwatch.filing_event.v1"
accession: "0001279569-24-000988"
form_type: "8-K"
ticker: "CWBHF"
cik: "0001750155"
company_name: "Charlotte's Web Holdings, Inc."
filed_at: "2024-08-08T23:59:59+00:00"
generated_at: "2026-05-31T11:05:40.990061+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Charlotte's Web Q2 revenue $12.3M, net loss $11.0M; cuts costs, launches new e-commerce platform

## Summary
- Revenue $12.3M, down 23% YoY; net loss $11.0M ($0.07/sh) vs income $2.8M in Q2 2023.
- Gross margin hit by $3.8M inventory provision; adjusted gross margin 52.2% vs 56.5% YoY.
- SG&A reduced 25% to $14.7M; expects >$20M full-year cut from 2023; cash burn improving.
- Cash and working capital $32.5M and $38.5M, down from $47.8M and $54.5M at Dec 31, 2023.
- Launched new DTC e-commerce platform and expanded Walmart distribution to 827 stores in June 2024.

## SEC filing metadata
- accession: 0001279569-24-000988
- form_type: 8-K
- ticker: CWBHF
- cik: 0001750155
- company_name: Charlotte's Web Holdings, Inc.
- filed_at: 2024-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1750155/000127956924000988/0001279569-24-000988-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1750155/000127956924000988/charlottesweb8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001279569-24-000988
- JSON: https://secwatch.observer/filing/0001279569-24-000988.json
- Plain text: https://secwatch.observer/filing/0001279569-24-000988.txt

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