Charlotte’s Web Holdings, Inc. (OTCMKTS:CWBHF – Get Free Report) shares fell 0.3% during trading on Monday . The company traded as low as $0.4201 and last traded at $0.4377. 140,559 shares changed hands during trading, a decline of 81% from the average session volume of 743,609 shares. The stock had previously closed at $0.4390.
Charlotte’s Web Stock Down 0.5%
The business’s 50 day moving average price is $0.61 and its 200-day moving average price is $0.45.
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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