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Charlotte's Web Holdings, Inc.

10:35 AM EST - Charlotte's Web Holdings, Inc. : Announced results for the quarter ended March 31, 2026. Year-over-year SG&A declined 17.7%, and Adjusted EBITDA improved by $1.1 million. Q1 net loss of $13.1 million was driven primarily by an $8.9 million non-cash fair value adjustment on the BAT convertible debenture, which will cease to impact our bottom line after Q2 of this year assuming completion of the transaction with BAT. All amounts are expressed in U.S. dollars. Charlotte's Web Holdings, Inc. shares T.CWEB are trading unchanged at $0.65.