Charlotte’s Web Holdings, Inc. (OTCMKTS:CWBHF – Get Free Report) traded down 3.4% during mid-day trading on Tuesday . The stock traded as low as $0.4057 and last traded at $0.4057. 367,645 shares traded hands during trading, a decline of 47% from the average session volume of 688,916 shares. The stock had previously closed at $0.42.
Charlotte’s Web Stock Performance
The firm’s 50-day simple moving average is $0.53 and its 200-day simple moving average is $0.49.
Charlotte’s Web Company Profile
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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