Charlotte’s Web (OTCMKTS:CWBHF) Stock Price Down 3.8% – Here’s Why

Charlotte’s Web Holdings, Inc. (OTCMKTS:CWBHFGet Free Report)’s stock price traded down 3.8% during mid-day trading on Wednesday . The company traded as low as $0.13 and last traded at $0.13. 110,737 shares traded hands during trading, a decline of 46% from the average session volume of 206,512 shares. The stock had previously closed at $0.13.

Charlotte’s Web Stock Performance

The business has a fifty day moving average of $0.14 and a 200-day moving average of $0.15.

About Charlotte’s Web

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Charlotte's Web Holdings, Inc is involved in the farming, manufacture, marketing, and sale of hemp-derived cannabidiol (CBD) wellness products. The company's products categories include hemp extract oil tinctures, such as liquid products; gummies; and capsules, CBD topical creams, and lotions, as well as products for pets under the Charlotte's Web, ReCreate, CBD Medic, CBD Clinic, and Harmony Hemp brands.

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