Charlotte’s Web Holdings, Inc. (OTCMKTS:CWBHF – Get Free Report) traded down 14.6% during trading on Thursday . The stock traded as low as $0.4444 and last traded at $0.4499. Approximately 1,804,062 shares traded hands during trading, an increase of 137% from the average session volume of 760,303 shares. The stock had previously closed at $0.5270.
Charlotte’s Web Trading Up 13.4%
The business’s fifty day simple moving average is $0.28 and its two-hundred day simple moving average is $0.18.
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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