Charlotte’s Web Holdings, Inc. (OTCMKTS:CWBHF – Get Free Report) was up 9.3% during trading on Thursday . The company traded as high as $0.3860 and last traded at $0.3826. Approximately 554,136 shares changed hands during trading, a decline of 45% from the average daily volume of 1,004,607 shares. The stock had previously closed at $0.35.
Charlotte’s Web Price Performance
The stock’s 50-day simple moving average is $0.19 and its two-hundred day simple moving average is $0.14.
About Charlotte’s Web
Charlotte’s Web Holdings, Inc is a producer and distributor of hemp-derived wellness products, operating under the Charlotte’s Web brand name. The company specializes in full-spectrum cannabidiol (CBD) formulations sourced from proprietary hemp genetics and manufactured at its vertically integrated processing facilities in Colorado. Its product suite encompasses CBD oils, capsules, gummies, topicals and pet-specific formulations designed to support general well-being.
Originally founded in 2013 by the Stanley Brothers in Boulder, Colorado, Charlotte’s Web pioneered the consumer CBD market with an emphasis on quality, consistency and transparency.
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