Charlotte’s Web Holdings, Inc. (OTCMKTS:CWBHF – Get Free Report)’s share price was down 1.3% during trading on Tuesday. The stock traded as low as $0.2386 and last traded at $0.2602. 27,879 shares were traded during trading, a decline of 94% from the average daily volume of 488,784 shares. The stock had previously closed at $0.2637.
Charlotte’s Web Trading Down 1.3%
The firm’s 50-day moving average price is $0.30 and its 200 day moving average price is $0.37.
About Charlotte’s Web
Charlotte’s Web Holdings, Inc is a U.S.-based health and wellness company focused on hemp-derived cannabidiol (CBD) products. The company develops, manufactures and sells products intended to support everyday wellness, including CBD oils, gummies, capsules, creams and other topical products.
The company also offers hemp-based products for pets, including oils, chews and other formats marketed for dogs and cats. Its products have been sold through the company’s e-commerce platform, retail stores and selected health and wellness channels, primarily in the United States.
Charlotte’s Web was founded in Colorado in 2011 by the seven Stanley brothers and is named after Charlotte Figi, whose experience helped bring national attention to hemp-derived CBD.
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