The cannabis company reported a narrower net loss of $4.13M but fell short of revenue expectations for Q2 2025.
Charlotte’s Web Holdings posted Q2 revenue of $10.86M, down 15.2% year-over-year and missing estimates by $5.77M. The company’s GAAP EPS of -$0.02 beat expectations by $0.01.
Net loss for the quarter improved to $4.13M from $6.29M in the same period last year. Adjusted EBITDA loss also narrowed to $2.96M, reflecting cost-cutting efforts amid declining sales.
The results highlight ongoing challenges in the cannabis sector, with revenue declines outpacing margin improvements.