Charlotte’s Web Holdings, Inc. (OTCMKTS:CWBHF – Get Free Report)’s stock price traded down 4.3% during trading on Tuesday . The company traded as low as $0.3009 and last traded at $0.3171. 52,012 shares were traded during mid-day trading, a decline of 92% from the average daily volume of 630,610 shares. The stock had previously closed at $0.3313.
Charlotte’s Web Stock Performance
The company has a 50-day simple moving average of $0.41 and a 200-day simple moving average of $0.52.
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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