Charlotte's Web Holdings, Inc. (CWEB) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, ladies and gentlemen, and welcome to the Charlotte's Web Holding Inc. 2025 Second Quarter Conference Call. At this time, our lines are in a listen-only mode. Following the presentation, we will conduct a question-and-answer session. If at any time during this call you need assistance, please press star zero for the operator. This call is being recorded on Wednesday, August 13, 2025. I would now like to turn the conference over to Corey Pala, Investor Relations. Please go ahead. Thank you, and good morning, everyone. Welcome to Charlotte's Web Second Quarter 2025 Earnings Conference Call. On the call with me today are Bill Marachnik, our Chief Executive Officer, and Erica Lin, our Chief Financial Officer. This morning, we will review our financial results and provide commentary on the business performance and outlook. Following our prepared remarks, we'll answer questions from our covering analysts. Before we begin, I need to remind you that certain statements made during this call may constitute forward-looking statements within the meaning of applicable securities laws. These forward-looking statements are based on current expectations and assumptions and are subject to risks and uncertainties, which could cause actual future results to differ materially from those expressed or implied. We direct you to review the cautionary language in this morning's earnings press release, as well as the risk factors and other important considerations detailed in our filings with the Securities and Exchange Commission and in Canada on CDR+, particularly our most recent Form 10-K and 10-Q reports. We undertake no obligation to update these forward-looking statements except as required by law. During today's call, we will also reference non-GAAP measures, including adj...