Charlotte’s Web Holdings, Inc. (OTCMKTS:CWBHF – Get Free Report) shares rose 3.4% during trading on Thursday . The company traded as high as $0.9379 and last traded at $0.92. Approximately 884,997 shares traded hands during trading, a decline of 0% from the average daily volume of 885,233 shares. The stock had previously closed at $0.89.
Charlotte’s Web Trading Down 18.5%
The stock has a 50 day moving average of $0.45 and a 200-day moving average of $0.24.
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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