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Kristen Nichols

Kristen is a Denver-based reporter for Marijuana Business Daily specializing in the hemp and CBD industries. Previously, she worked at the Associated Press for nearly 20 years. She started covering the marijuana legalization movement in 2009 – when medical stores started popping up around Denver – and wrote about the state’s first legal hemp harvest. Kristen also covered agriculture and politics in Maryland and her home state of Georgia.

Hemp Industry Daily, HIA ink exclusive partnership to boost networking, education

Published May 28, 2020

Hemp Industry Daily and the largest nonprofit trade association in hemp are partnering to promote networking in the industry and advance educational content about the newly legal crop. The partnership with the Hemp Industries Association was announced Thursday. More than 1,300 members of the HIA will receive Exclusive educational content Member discounts to events including next […]

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Charlotte's Web marijuana

Charlotte’s Web cites falling revenues, higher expenses as it turns in loss for Q1

Published May 14, 2020

Prominent CBD maker Charlotte’s Web Holdings is pointing to market saturation, legal uncertainty and rising expenses as it reported a loss of $11.5 million last quarter. A year ago, the Boulder, Colorado, company reported a profit of $2.5 million. Charlotte’s Web reported revenue last quarter of $21.5 million, down about 1% from the same period last […]

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GW Pharma trims loss to $8 million, warns virus could hit sales

Published May 12, 2020

CBD maker GW Pharmaceuticals lost $8 million in its latest quarter – an improvement over the previous three-month period – but the United Kingdom-based medical cannabinoid company warned the COVID-19 pandemic could hit sales if fewer patients visit their doctors. Revenue in the quarter ending March 31 reached $120.6 million, up from $91 million and $109.1 […]

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