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Stock impact report

Better Cannabis Stock to Buy: Tilray or Charlotte's Web? [The Motley Fool]

Tilray Brands, Inc. (TLRY) 
Last tilray brands, inc. earnings: 3/2 04:05 pm Check Earnings Report
Company Research Source: The Motley Fool
For bothTilray(NASDAQ:TLRYCharlotte's WebOTC:CWBH.FHorizons Marijuana Life Sciences ETFOTC:HMLS.FLet's take a look at which of these two troubled pot stocks is more likely to right the ship, and which is a better buy today.Charlotte's Web is hurting for growthA big reason why Charlotte's Web is struggling to attract investors is the company just isn't generating much growth. The Colorado-based company released its first-quarter results on May . And in Q, revenue topped just $. million -- the lowest it's been since the fourth quarter of 08 when revenue totaled the same amount.Image source: Getty Images.As of the end of Q, Charlottes' Web'scannabidiol (CBD)hasn't translated into revenue growthAbacus Health ProductsIt would be reasonable to expect that by expanding into more retail locations, Charlotte's Web should sell more products, but that is by no means a foregone conclusion.To make matters worse, not only is the hemp producer and CBD product maker struggling to grow, but it's also Show less Read more
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