Charlotte’s Web reports quarterly growth despite declining annual revenue

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Charlotte’s Web Holdings, Inc. (TSX: CWEB) (OTCQX: CWBHF)  announced Wednesday that while its full-year revenue declined by 21.4% versus 2023, it saw sequential quarterly revenue growth throughout 2024 and reduced annual operating expenses by more than $22.4 million.

The company reported $49.7 million in annual revenue for 2024 ending Dec. 31,…

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