secwatch.observer — SEC 8-K summary
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Issuer:     Charlotte's Web Holdings, Inc. (CWBHF)
CIK:        0001750155
Form:       8-K
Filed at:   2026-08-13T11:07:49+00:00
Accession:  0001750155-26-000116
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1750155/000175015526000116/0001750155-26-000116-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1750155/000175015526000116/q22026formearningsreleasec.htm
  HTML page:      https://secwatch.observer/filing/0001750155-26-000116

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer