---
schema_version: "secwatch.filing_event.v1"
accession: "0001750155-26-000116"
form_type: "8-K"
ticker: "CWBHF"
cik: "0001750155"
company_name: "Charlotte's Web Holdings, Inc."
filed_at: "2026-08-13T11:07:49+00:00"
generated_at: "2026-08-13T11:10:16.034154+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Charlotte's Web Q2 revenue down 15% to $10.9M; debenture conversion restores positive equity

## Summary
- Revenue $10.9M, down 15.2% YoY; gross margin 47.5% vs 46.8%.
- Net loss $4.1M ($0.02/sh) vs $6.3M loss; adjusted EBITDA -$3.0M vs -$3.6M.
- Converted C$75.3M BAT debenture to equity; eliminated $57M liabilities, equity now $56.1M, cash $14.0M.
- Senate CR postpones hemp ban to Dec 11, 2026; California restrictions cut ~10% revenue.
- Capex $50K vs $652K; operating cash use $0.9M in Q2 vs $2.8M in Q1.

## SEC filing metadata
- accession: 0001750155-26-000116
- form_type: 8-K
- ticker: CWBHF
- cik: 0001750155
- company_name: Charlotte's Web Holdings, Inc.
- filed_at: 2026-08-13T11:07:49+00:00
- event_type: earnings
- sentiment: positive
- 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/1750155/000175015526000116/0001750155-26-000116-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1750155/000175015526000116/q22026formearningsreleasec.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001750155-26-000116
- JSON: https://secwatch.observer/filing/0001750155-26-000116.json
- Plain text: https://secwatch.observer/filing/0001750155-26-000116.txt

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