Charlotte’s Web Holdings, Inc. (OTCMKTS:CWBHF – Get Free Report)’s stock price dropped 3% during mid-day trading on Friday . The company traded as low as $0.6055 and last traded at $0.6246. Approximately 274,437 shares were traded during trading, a decline of 67% from the average daily volume of 836,030 shares. The stock had previously closed at $0.6440.
Charlotte’s Web Stock Performance
The stock has a 50 day moving average of $0.57 and a 200 day moving average of $0.30.
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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